Charles Hoskinson does not know why his fellow Ethereum (ETH) co-founder Vitalik Buterin will not acknowledge the existence of Cardano (ADA) while speaking enthusiastically about other blockchain projects. Ignore fetish In a recent Cointelegraph interview, Hoskinson lamented Buterin ignoring Cardano. Hoskinson said that this ignorance of Cardano’s achievements hurts Ethereum, as everything that Cardano does is open source and could be borrowed by the rival. Ethereum has been plagued by delays in the development of its second generation proof-of-stake platform. When asked directly about about the crux of this tacit conflict, Hoskinson responded: “I don't live in his mind, so …

Uri Kolodny, co-founder and CEO of blockchain firm StarkWare, told Cointelegraph that Ethereum second-layer scalability solutions still need some work. Ethereum co-founder Vitalik Buterin claimed on June 1 that the blockchain’s layer-two scaling initial deployment has “basically” succeeded. Kolodny — on the other hand — told Cointelegraph that he is not as convinced: “I wouldn't pop the champagne bottles just yet, as many of these proposed solutions have at this point been deployed only on Twitter, not on Ethereum Mainnet.” Kolodny admitted that there are many promising developments when it comes to second-layer Ethereum scalability solutions. He explained that “there …

Ethereum co-founder Vitalik Buterin said that the blockchain’s layer-two scaling initial deployment has “basically” succeeded. In a June 1 tweet, Buterin claimed that most of the initial work on Ethereum’s second-level scalability solutions is nearly complete. To back his claim, Buterin linked to a tweet by Ethereum researcher Philippe Castonguay who listed a number of relevant developments and second-layer Ethereum scalability solutions that have recently launched. Castonguay noted that blockchain development firm StarkWare launched its second-layer scalability solution, as did blockchain company LoopRing. According to StarkWare, their second-layer solution attempts to address both scalability and privacy limitations on the blockchains …

Ethereum creator, Vitalik Buterin, and Gemini exchange founders, Cameron and Tyler Winklevoss, expressed their opinions on recent efforts at social media censorship. "I've talked before about the rise of corporations regulating governments but here we have Twitter soft-censoring the U.S. president on the grounds of incitement of violence," Buterin said in a May 29 tweet referencing recent Twitter posts from U.S. President Donald Trump. "This is a major escalation and could be a new chapter in relations between corporations and states," Buterin added. A tangled mess of tweets, executive orders, and events Expectations yesterday saw Trump signing an executive order …

A young Dutch startup says its innovative blockchain platform could put centralized exchanges out of business. Hybrix offers an open-source protocol that allows value to be freely transported between all distributed ledgers. It is complemented by a token that is “technically borderless” and not confined to any single blockchain. According to the company, it currently supports 32 blockchains and 387 tokens, including some of the industry’s best-known networks: Bitcoin, Ethereum, Litecoin and Zcash. The team behind the project says each blockchain has its own strengths, adding that its token unlocks access to all of these benefits by sitting on top …

The Ethereum developer community is nearing the launch of Ethereum 2.0, a major multiyear milestone for the blockchain network. Ethereum 2.0 will mark the start of a shift from the miner-reliant proof-of-work consensus algorithm to a proof-of-stake algorithm. In a PoS system, miners are not needed to mine blocks and verify transactions. Instead, users — or stakers — verify data on the blockchain. For now, there is no specific date at hand for the release of Ethereum 2.0, according to its testnet coordinator, Afri Schoedon. “The final spec is not implemented in any client and we didn’t launch a coordinated …

Ethereum co-founder Vitalik Buterin thinks that the stablecoin industry is missing a valuable opportunity to improve interoperability between different blockchains. In a lengthy Twitter thread on May 20, Buterin suggested that stablecoins could enable users to move value across different blockchains: “In the specific case of issuer-backed stablecoins there's lots of things that could be done but aren't, eg. every stablecoin could be an instant cross-chain bridge!” Bitcoin (BTC) activist and independent developer Udi Wertheimer pointed out that something similar to what Buterin suggested is already possible with cryptocurrency exchanges. He explained that a user can deposit the Ethereum version …

What are the risks and benefits of staking? Passive income vs. vulnerability to changes in the market. The most obvious benefit of staking is the opportunity to generate income from holding crypto. Staking also provides an opportunity to be an active participant in your favorite blockchain projects. However, by staking, users lock up their cryptocurrency holdings for a defined period. This means that if there’s a sudden market crash, they won’t be able to pull their crypto out of the staking program to sell and mitigate any losses. Even in the event of a smaller market downturn, the value of …

In a recently published paper, Ethereum cofounder Vitalik Buterin along with Harvard faculty Thibault Schrepel argued that blockchain is positioned to help antitrust laws in areas where regulations are difficult to apply and enforce. The paper, dubbed Blockchain Code as Antitrust, explains that blockchains can aid antitrust laws by increasing decentralization and preventing the creation of monopolies. However, they said, blockchains can only do so if regulations support the technology. “Law and technology should be thought of as allies – not enemies – as they feature complementary strengths and defects,” reads the paper. Bringing trust with blockchain Buterin and Schrepel …

In a recent series of tweets, Ethereum co-founder Vitalik Buterin gave a nod of approval to competing blockchain EOS with regard to the niche they are trying to carve out. "If I were designing a new chain to live alongside Bitcoin and Ethereum, I would take all the political tradeoffs that BTC and ETH aren't willing to take," Buterin said in a May 15 tweet referring to Bitcoin and Ethereum. Vitalik labeled EOS aspects of interest Listed by Cointelegraph as the fifth most influential person in crypto and blockchain, Buterin holds significant weight in the industry. Buterin noted quadratic voting-based …

With anticipation growing for Ethereum’s long-awaited ETH 2.0 revamp, Ether long positions have gone parabolic on Bitfinex since February. But with short positions also growing, and co-founder Vitalik Buterin withdrawing last week’s confident prediction of a July launch, the bullishness has also increased the risk of a violent sell-off. Ether long positions go parabolic Long positions have been breaking new record highs ever since charting above 600,000 in February, rising by another 150% over the past two months despite the historic Bitcoin (BTC) sell-off in on March 12 - 13. ETH/USD Longs on Bitfinex: TradingView However, the number of shorts …

Vitalik Buterin believes that Ethereum can play a role in a future global crisis as the glue that helps bind nations together. The Ethereum co-founder spoke at the Ethereal Summit 2020 on May 7 to The Defiant’s Cami Russo. Describing the current global crisis as more than just a financial one, Buterin said the levels of political discord and distrust between countries had highlighted the need for a network like Ethereum. “I definitely think that there’s a role for blockchains — and Ethereum in particular — to play in being this kind of neutral global player role [for] these systems, …