Cointime

Download App
iOS & Android

Vitalik Buterin

Vitalik

ALL From Vitalik Buterin

Vitalik Buterin's New Philosophy of Techno-Optimism: d/acc

Ethereum creator Vitalik Buterin has introduced a new philosophy called d/acc, which promotes a balanced approach to technological development. The philosophy emphasizes defense, decentralization, and human flourishing. Buterin's philosophy is a counterbalance to the unrestricted techno-optimism of figures like Marc Andreessen. Buterin acknowledges that progress is not always linear and calls for more collaboration in technological development. While both Buterin and Andreessen recognize the benefits of technology, their philosophies are incomplete and open to debate.

Ethereum Creator Vitalik Buterin Expresses Concerns Over AI's Existential Risk

Vitalik Buterin, the creator of Ethereum, has expressed his concerns about the potential existential threat posed by artificial intelligence (AI). He cited a survey by AI Impacts, which found that between 5% and 10% of respondents believed that AI could lead to human extinction. Buterin suggested that an open-source movement focused on security would be better suited to lead AI development than closed, proprietary corporations and venture capital funds. He also emphasized the importance of human intention in guiding the direction and outcome of AI development, and warned against giving "extreme and opaque power" to a small group of people. Additionally, Buterin believes that a world that prioritizes defense would be safer and less conflict-prone, and would allow for healthier and more freedom-respecting forms of governance to thrive. He urged society to regularly question the direction of their progress, as the 21st century could be a pivotal century for humanity with the potential to determine its fate for millennia.

Vitalik: Account abstraction can protect our crypto assets, and may also protect other types of assets in the future

On November 28th, Ethereum co-founder Vitalik Buterin wrote on social media that artificial intelligence is fundamentally different from other technologies and deserves special caution. In Ethereum, we intentionally try to ensure that many parts of the stack are decentralized: ensuring that no single codebase controls more than half of the proof-of-stake network, attempting to resist the dominance of large stake pools, improving geographic dispersion, and more. Basically, Ethereum is actually trying to achieve an ancient liberal dream based on the market society. To some extent, this is effective: the dominance of the Prysm client has dropped from over 70% to below 45%. However, this is not an automatic market process: it is the result of human will and coordinated action.

Vitalik Buterin plans to redesign Ethereum staking, praises UTXO payment model

On November 27th, Ethereum co-founder Vitalik Buterin stated in a video with The Defiant during the Devconnect conference in Turkey that he plans to redesign Ethereum's staking system and completely solve all performance issues. The Unspent Transaction Output (UTXO) payment system model has been praised for its characteristics.

Buterin releases a new article: The return of Plasma

Vitalik has released his latest article proposing the use of new technology to transform Plasma.<br>In the article, V God states that since its first proposal in 2017, Plasma has undergone multiple iterations and is now facing new developments. This technology allows all data and calculations (except for deposits, withdrawals, and Merkel roots) to be kept off-chain, greatly improving scalability. However, due to the high cost of client data storage and its inability to be universally applicable to applications other than payments, Plasma has gradually been replaced by rollups technology.

Vitalik: Plasma is an underrated field of design

In a recent article published today, Vitalik Buterin, co-founder of Ethereum, stated that Plasma is an underestimated design field and will be important by 2023. He emphasized that Rollups are still the gold standard with unbeatable security properties. From a developer experience perspective, there is nothing that can match the simplicity of not having to consider ownership graphs and incentive flows.<br>However, Plasma allows us to completely avoid the problem of data availability, thereby greatly reducing transaction costs. For chains that should be validation chains, Plasma can be an important security upgrade. This year, ZK-EVM has finally matured, providing an excellent opportunity to re-explore this design field and propose more effective structures to simplify developer experience and protect user funds.

Vitalik has deposited 3,700 ETH to Bitstamp, Paxos and Coinbase since September 17

According to Spot On Chain monitoring, since September 17th, Vitalik Buterin has deposited 3700 ETH (a total of 6.12 million US dollars, with an average price of 1653 US dollars) to Bitstamp, Paxos, and Coinbase. Earlier today, Vitalik's address sent 100 ETH to Coinbase (about 181,000 US dollars). Previously, on October 18th, Vitalik Buterin wrote on the Warpcast platform: "If you see an article saying 'Vitalik sent XXX ETH to (exchange)', it's actually not me selling, but almost always me donating to some charity, non-profit organization, or other project; and the fund recipients are selling tokens because they need to use them to pay for expenses. Since 2018, I have never 'sold' ETH for personal gain."

Vitalik address deposits 100 ETH into Coinbase

On November 1st, according to Scopescan data monitoring, vitalik.eth just deposited 100 ETH into Coinbase, worth about $181,000.
Vitalik address deposits 100 ETH into Coinbase

Vitalik's Art of Tradeoffs: Which features should the Ethereum protocol encapsulate?

In September, Vitalik Buterin, the founder of Ethereum, weighed the pros and cons of "enshrinement" in his blog post titled "Should the Ethereum Protocol Encapsulate More Functionality?" This provided readers with clues about the future development direction of Ethereum.
Vitalik's Art of Tradeoffs: Which features should the Ethereum protocol encapsulate?

Vitalik: It Is Crucial to Maintain the Robustness of the Base Layer While Carefully Extending Certain Aspects of Its Functionality

Vitalik Buterin, the founder of Ethereum, discussed the centralization of staking and scalability challenges in Ethereum at ETH HK Hackathon. Vitalik emphasized four scalability challenges of Layer 2, including proof system security and decentralization, sorting decentralization, cross-L2 wallets, and data availability space.