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 Says He Has ‘Some Respect’ for How EOS Handles Governance

In a recent series of tweets, Ethereum co-founder Vitalik Buterin gave a nod of approval to competing blockchain EOS with regard to the niche they are trying to carve out.   “If I were designing a new chain to live alongside Bitcoin and Ethereum, I would take all the political tradeoffs that BTC and ETH aren’t willing to take,” Buterin said in a May 15 tweet referring to Bitcoin and Ethereum.  Vitalik labeled EOS aspects of interest Listed by Cointelegraph as the fifth most influential person in crypto and blockchain, Buterin holds significant weight…

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ETH 2.0 Issuance Will Be 2 Million a Year at Most Says Vitalik

Ethereum co-founder Vitalik Buterin said that issuance on the Ethereum 2.0 upgrade will be drastically reduced in a podcast interview with POV Crypto called “Internet Money”. Discussing some of the differences between Bitcoin (BTC) and Ethereum (ETH), Buterin explained why the team chose Proof of Stake as the upgraded consensus mechanism: “One of the reasons why we’re doing Proof of Stake is because we want to greatly reduce the issuance. So in the specs for ETH 2.0 I think we have put out a calculation that the theoretical maximum issuance…

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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 Moves at The Speed of Vitalik”

Cointelegraph recently sat down for an interview with Ethereum (ETH) co-founder and Cardano (ADA) founder Charles Hoskinson. During the interview, he discussed his criticism of the development of the Ethereum platform. “His first project” Hoskinson believes that one of the main reasons why Ethereum’s development has struggled is that too much hinges on Vitalik Buterin personally: “So, basically Ethereum moves at the speed of Vitalik. So if he knows how to do something very well and he’s become very competent in something, they have a handle on it. But when…

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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 Proposes Solution to ‘Embarrassing’ Lack of Bitcoin–Ethereum Bridge

Ethereum co-founder Vitalik Buterin posted a tweet on March 24 claiming that the continuing lack of easy movement between the Ethereum and Bitcoin networks was embarrassing. As a solution, he proposed putting resources into building a decentralized exchange (DEX), to act as a trustless bridge between the two. DEX should be trustless, serverless and Uniswap-like Buterin’s plan calls for the DEX to be trustless and serverless, with a user experience very similar to Uniswap. Uniswap is a decentralized exchange that runs without an order book, instead relying on asset pairs…

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Vitalik Reveals His Vision For the Next Decade of ETH 2.0 Development

Ethereum co-founder, Vitalik Buterin, revealed his personal roadmap for ETH 2.0 in a tweet on March 18. The post covers the next 5 to 10 years of the project’s development. Progress is in action  In the post, Vitalik emphasized that research and development will continue regardless of recent challenges. In addition, he pointed out there should be less fear of complexity with the system update, noting that many of the upcoming changes will address these previously noted issues. He added that:  “The “quadratic sharding as end of history” approach ensures…

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