Key Short-Term Scalability Feature Still Needs Research, Says Vitalik Buterin

Research into stateless clients for Ethereum is seen as instrumental for the long-term health of the network, but despite all the progress, some fundamental limitations prevent them from being applied in practice for now. At the Unitize conference, Vitalik Buterin, a co-founder of Ethereum, provided an up-to-date picture on the latest progress and problems for the stateless client transition. Stateless clients, in short, are a way to allow nodes to fully participate in validation without having to hold the entire earlier history of the blockchain. The state represents all current…

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Vitalik Buterin Uses Questionable Historical Comparison to Explain Crypto Tribalism

Ethereum (ETH) co-founder Vitalik Buterin tweeted that TRON (TRX) sympathizers within the Bitcoin (BTC) community are a “perfect example” of German Nazis aligning with Japan during the Second World War.  Vitalik drew the questionable comparison in a reply to Bitcoin activist and independent developer Udi Wertheimer, who tweeted: “#Tron > #Ethereum”.  The Ethereum co-founder wrote:  “I feel like this weird half-joking tron stanning in the BTC community might be a perfect example of this from @slatestarcodex” He also attached a number of screenshots from a 2014 article that was originally…

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ETH Scalability Isn’t Going to Be an Issue Soon, Suggests Vitalik Buterin

Ethereum expects boosted transactions per second, or TPS, as the network shifts toward the long-awaited Ethereum 2.0, or ETH 2.0, according to Etheruem co-founder Vitalik Buterin.  Vitalik says the transition will not be instant “ETH2 scaling for data will be available before ETH2 scaling for general computation,” Ethereum Buterin said in a June 30 tweet. “This implies that rollups will be the dominant scaling paradigm for at least a couple of years: first ~2-3k TPS with ETH1 as data layer, then ~100k TPS with ETH2 (phase 1),” he noted, adding…

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Vitalik Buterin Trolls Craig Wright Over Patent Trolling

Ethereum founder Vitalik Buterin has taken a veiled swipe at Satoshi claimant Craig Wright over his blockchain patent portfolio, resulting in a heated debate on Twitter. Buterin said that anyone who brags over blockchain patents does not understand blockchain: Tweet:  If you’re bragging about how many “blockchain patents” your country/company/organization has, you don’t understand blockchains. — vitalik.eth (@VitalikButerin) April 23, 2020 Wright (nChain’s chief scientist) claims nChain has filed more than 800 applications for blockchain patents, and has been granted between 50 to 100. This patent portfolio poses a legal…

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Ethereum’s Vitalik Buterin on ‘Zombie’ BitTorrent Under Justin Sun ‘Dictatorship’

Ethereum’s Vitalik Buterin lamented what he regards as an example of the “Justin Sun dictatorship,” after the TRON (TRX) founder was implicated in yet another plagiarism controversy. A recent rebranding of the BitTorrent File System (BTFS) was met with outrage by Juan Benet, creator of IPFS — or Interplanetary File System. Benet pointed out similarities between the new BTFS logo and that of IPFS, and alleged that the similarities don’t stop there. He tweeted: “Aaaaaahahaha it’s not enough to fork all our code, rebrand it and lie its theirs; copy…

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Vitalik Buterin Sees Future in Decentralized Privacy Currency

With governments increasingly looking at launching their own digital currencies, you might worry that crypto just can’t compete with national financial infrastructures. Not so, says Ethereum co-founder Vitalik Buterin. Buterin spoke with Block TV podcast on March 4 about his predictions for the future of currency — specifically the fate of decentralization. He claimed that digitalization is inevitable and decentralized privacy currency would be more favorable to many than a state-controlled Central Bank Digital Currencies (CBDC). Digitalization is inevitable and privacy is king Vitalik believes that with or without blockchain…

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Vitalik Buterin Reveals Ethereum 2.0 Roadmap to Cointelegraph

Ethereum co-founder Vitalik Buterin discussed plans for Ethereum 2.0 during an exclusive interview with Cointelegraph on Feb.19 at the Stanford Blockchain Conference. Buterin explained that the major development for ETH 2.0 over the course of this year is the launch of Phase 0. He said: “Phase 0 is the first phase of the Ethereum 2.0 launch. This will release the proof-of-stake network, which will come online this year.” While the official launch date of Phase 0 is still unknown, Buterin explained that Phase 0 is close to having a multi-client…

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