Ethereum Creator Vitalik Buterin Censures Facebook And Twitter’s Crypto Plans

Ethereum Creator Vitalik Buterin Censures Facebook And Twitter’s Crypto Plans

Vitalik Buterin, creator of Ethereum commented through Bloomberg on Square and Facebook’s blockchain efforts. Recall that Jack Dorsey, CEO of Twitter and Square, revealed his plans for a DeFi platform based on Bitcoin in July. He said the platform would be a competitor to Ethereum. Reacting to Dorsey’s announcement, Buterin stated his skepticism for the Square’s anticipated DeFi plans. His major reason was the dependence of the firm on Bitcoin. Buterin explained that Ethereum’s smart contracts and native functions work like ‘lockboxes.’ With such operations, DeFi....


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 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 […]

Why Vitalik Buterin Is Not Worried About Ethereum Crashing

The inventor of Ethereum Vitalik Buterin and his father Dmitry “Dima” Buterin talked about the crypto market, volatility, and speculators. In an interview with Fortune Magazine Buterin claimed he is unbothered by ETH’s price downside action. Related Reading | Glassnode: $7B In Bitcoin Losses Realized In Just Three Days, Highest In BTC History Buterin and his […]

Ethereum Creator Vitalik Buterin To Be Immortalized In New NFT Collection

The inventor of Ethereum Vitalik Buterin is one of the most attractive and charismatic personalities in the crypto space. A non-fungible (NFT) collection called “The Vitaliks”, to be launch today September 21, 2021 will honor him. The project claims that they want to “bring to the NFT space” Buterin’s “special” vision. The collection will be […]