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

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 […]


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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....