Ethereum Creator Vitalik Buterin Addresses 'Classic' Blockchain

Ethereum Creator Vitalik Buterin Addresses 'Classic' Blockchain

Ethereum creator Vitalik Buterin issued new statements today reiterating that the Ethereum Foundation, the non-profit founded to support development work on the ethereum protocol, will support the version of the ethereum blockchain that includes a hard fork meant to enable investors to recover funds lost in the collapse of The DAO. Founded in June 2014, the Swiss organization (formally called Stiftung Ethereum) has been largely quiet over the last month as the community sought to move forward from the collapse of The DAO, which for a brief time was the platform’s most prominent project,....


Related News

Vitalik Buterin Weighs in on the Ethereum Classic Blockchain

Ethereum creator Vitalik Buterin has addressed the no-fork blockchain Ethereum Classic which follows the protocols and consensus based on the Ethereum platform prior to the recent hard fork. In a telling statement via a blog post today, Ethereum creator Vitalik Buterin revealed that the foundation that continues to develop and support the Ethereum blockchain will commit to the hard fork decision taken by miners. Buterin called the hard fork community consensus as an “admittedly difficult” decision. Buterin also added that the foundation will not oppose or hinder any efforts to use the....

Vitalik Buterin Won’t Support ETC If It Takes Over ETH

As a response to the divided support of the community, developers, and miners, Ethereum co-founder Vitalik Buterin has made clear that he has no intentions to support Ethereum Classic, even if it surpasses the market value of Ethereum. On August 1, Buterin announced his decision to devote himself to the development of Ethereum. Notable companies including Coinbase and other developers have since continuously shown support towards Buterin and Ethereum, refusing to provide ETC-related features and trading services. However, as the support for Ethereum Classic from miners, developers, and....

Vitalik Buterin on His Long-Term Goals for Ethereum

Ethereum creator Vitalik Buterin was recently interviewed on Babbage, a podcast by The Economist. Buterin shared his long-term goals for Ethereum, which is a public blockchain that allows developers to easily deploy decentralized applications. When asked what inspired him to create Ethereum, Buterin first talked about how Bitcoin originally sparked his interest in blockchain technology. The open, permissionless nature of public blockchains is a key feature that attracted Buterin to the ecosystem. He noted, “I like the idea of 12-year-olds potentially being able to build the next financial....

Vitalik Buterin Becomes Citizen of Crypto-Friendly Montenegro

Ethereum co-founder Vitalik Buterin has been granted Montenegrin citizenship. Buterin joins other members of the crypto community with global experience who have been invited to help the small Southeast European nation attract investments and develop its blockchain sector. Vitalik Buterin Obtains Montenegrin Passport Prominent crypto figure Vitalik Buterin is now a citizen of Montenegro, the country’s public service broadcaster revealed this week. Radio Televizija Crne Gore (RTCG) quoted an official announcement from the Ministry of Finance and Social Welfare in Podgorica.....

Why Ethereum’s Creator Vitalik Buterin Believes It Should Expand Beyond DeFi

Vitalik Buterin spoke at the Ethereum Community Conference (EthCC) on how the network can grow beyond its most popular use case, Decentralized Finance (DeFi). Buterin highlighted that the project originally was supposed to go to areas beyond this use case. The different projects that comprised the DeFi ecosystem on Ethereum have seen great interest from […]