Tag: Buterin

Vitalik Buterin talks creating Ethereum in previously unreleased 2014 interview

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[ad_1] The latest episode of Cointelegraph’s Crypto Stories featured never-before-heard audio from an exclusive interview with Vitalik Buterin, recorded at a conference in Hong Kong in 2014. In this animated short, viewers can learn about the origin story of Ethereum (ETH), the world’d second-largest cryptocurrency by market capitalization, straight from the founder himself. Back in 2011, while Buterin was a student at the University of Waterloo, he first heard about Bitcoin from his tech entrepreneur father. However, he didn’t take the decentralized currency seriously until began participating in Bitcoin forums…

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GME rallies on GameStop NFT plans, Vitalik Buterin proposes new gas fee structure, Samsung integrates NFTs with smart TVs: Hodler’s Digest, Jan. 2-8

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[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Top Bitcoin mining country Kazakhstan turns off internet amid protests Kazakhstan, which accounts for the second-largest Bitcoin mining hash rate in the world, suffered a nationwide internet blackout earlier this week after soaring fuel prices triggered a wave of violent protests in the city…

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Vitalik Buterin gives thumbs down to cross-chain applications

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[ad_1] In a Reddit post on Friday, Vitalik Buterin, the co-founder of Ethereum (ETH), outlined critical security concerns surrounding cross-chain bridges in the blockchain ecosystem. As told by Buterin, storing native assets directly-chain (Ethereum on Ethereum, Solana on Solana, etc.) provides a certain degree of immunity against 51% attacks. Even if hackers manage to censor or reverse transactions, they cannot propose blocks to take away one’s crypto. The rule also applies to the Ethereum application. For example, if hackers launch a 51% attack (by controlling 51% of all circulating ETH…

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Ethereum white paper predicted DeFi but missed NFTs: Vitalik Buterin

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[ad_1] Rounding up the last decade, Ethereum co-founder Vitalik Buterin revisited his predictions made over the years, showcasing a knack for being right about abstract ideas than on-production software development issues.  Buterin started the Twitter thread by addressing his article dated Jul. 23, 2013 in which he highlighted Bitcoin’s (BTC) key benefits — internationality and censorship resistance. Buterin foresaw Bitcoin’s potential in protecting the citizens’ buying power in Iran, Argentina, China and Africa. However, Buterin also noticed a rise in stablecoin adoption as he saw Argentinian businesses operating in Tether…

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Dmitry Buterin – Cointelegraph Magazine

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[ad_1] This is part two of an extensive interview with Dmitry Buterin, looking at his relationship with Vitalik and his insights as a father. For Part 1, which detailed his own fascinating life story, click here. Dmitry Buterin recalls the day in 2013 when his son Vitalik showed him the Ethereum white paper at their home in Toronto. “He‘s like, ‘Hey Dad, I was working on this thing, are you interested to look at it?’” the Chechyna-born Toronto resident says in his idiosyncratic accent. Vitalik had dropped out of university…

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Vitalik Buterin outlines path to ETH 2.0, Visa launches crypto advisory service, Biden’s anti-crypto nominee for Comptroller withdraws: Hodler’s Digest, Dec. 5-11

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[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Vitalik Buterin outlines ‘endgame’ roadmap for ETH 2.0 With the long-awaited transition to Eth2 coming closer to fruition, Ethereum co-founder Vitalik Buterin outlined an “Endgame” roadmap on Monday to finally achieve the landmark upgrade.  While Buterin did not address the centralization issue with block…

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Co-founder of Ethereum’s creator Vitalik Buterin – Cointelegraph Magazine

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[ad_1] Dmitry Buterin is a self-made millionaire who fathered a billionaire who created a cryptocurrency that’s on its way to becoming a trillion-dollar asset. Suffice to say the possibility that Buterin would found three multi-million dollar businesses and retire in his 40s was beyond his wildest imaginings growing up in Grozny, Chechnya in the former Soviet Union during the 1970s. “Of course not,” the Toronto resident says in a still quite prominent accent. “Because in the Soviet Union, when you retire, you’re pretty much close to death. And everybody is…

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Even Vitalik Buterin is surprised at just how long Eth2 is taking

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[ad_1] Ethereum’s visionary co-founder Vitalik Buterin has commented on the obstacles on the roadmap to Eth2 at a conference in Hong Kong. Speaking partly in Mandarin at the Virtual Fintech Forum at this week’s StartmeupHK Festival 2021, Buterin said that technology wasn’t the major issue with the world’s largest smart contract network. He admitted that building Ethereum has taken a lot more time than he had anticipated with early Eth1 blockchain build estimates of around three months turning into eighteen months in reality. The upgraded version is taking substantially longer.…

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Vitalik Buterin Donates $1B Worth of Shiba Inu Tokens to India’s Crypto Covid Relief Fund – Bitcoin News

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[ad_1] On Wednesday, Ethereum’s Vitalik Buterin took control of his stack of Shiba Inu, a dogecoin ERC20 token, and donated more than 1 billion dollars worth of the currency to India’s Crypto Covid Relief Fund. The fund is an initiative that seeks to help people suffering from the covid-19 outbreak that India is experiencing right now. Buterin also sold Akita and Dogelon, other similar currencies, causing a slide in market prices. Vitalik Buterin Donates $1 Billion Worth of Shiba Inu Tokens to India’s Crypto Covid Relief Fund Vitalik…

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Ethereum co-founder Vitalik Buterin becomes billionaire as Ether hits $3K

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[ad_1] Vitalik Buterin, a co-founder of the world’s most popular smart contract platform, the Ethereum blockchain, has officially become a crypto billionaire. Buterin’s public Ether address, which he described as his main wallet back in 2018, has hit $1 billion on its balance following Ether’s meteoric rise above a $3,000 price mark on Monday. At the time of writing, the address holds around 333,500 Ether (ETH) now worth $1.029 billion, according to on-chain data from Etherscan, as ETH more than quadrupled in value from around $700 at the beginning of 2021.…

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