Ethereum Founder Buterin Defends Coinbase Amid Fierce Debate: Here’s Why
Ethereum co-founder Vitalik Buterin has waded directly into a fast-escalating dispute over the role and risk profile of Coinbase’s Layer-2 (L2) network, Base, arguing that critics are conflating core concepts and overlooking concrete guarantees that protect users on modern L2s. “Base is doing things the right way: an L2 on top of Ethereum, that uses […]
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Vitalik Buterin has waded into Bitcoin’s long-running dispute over “spam” policy and node software philosophy, amplifying a blistering post by Bitcoin developer Gregory Maxwell that frames the controversy as a clash between open, market-driven neutrality and what he calls populist calls for censorship. “Greg Maxwell defends a principled commitment to freedom and open market-based resource […]
Ethereum co-founder Vitalik Buterin has summarized the implications of soft and hard forks amid growing tensions surrounding Bitcoin’s future. “...There is an essential difference between hard forks and soft forks: hard forks are opt-in, whereas soft forks allow users no “opting” at all,” he wrote earlier this week. The Bitcoin price was under downward pressure Friday as the community awaits Chinese regulatory announcements and indecisiveness over SegWit and Bitcoin Unlimited continues. After Unlimited succumbed to a bug earlier in the week, rhetoric between the opposing sides became even....
Ethereum creator Vitalik Buterin gave a presentation at the headquarters of San Francisco bitcoin startup Coinbase this week in which he outlined the road ahead for the open-source blockchain project. Fresh off the launch of its first production-ready version Homestead, a number of bitcoin industry startups have begun to take a closer look at Ethereum, exploring its capabilities as part of pilot projects. Coming amid the ongoing block size debate, as well Coinbase CEO Brian Armstrong’s pointed criticisms of the bitcoin network, the event sparked speculation on social media forums in the....
Paul Grewal, the Chief Legal Officer (CLO) of Coinbase, has become a major voice in the continuing discussion about the legal classification of Ethereum by the United States Securities and Exchange Commission (SEC), arguing in favor of the platform’s non-security status. Broader Recognition Of Ethereum Security Nature Taking to the X (formerly Twitter), the Coinbase […]
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....