Vitalik Buterin news-Page 9
Top 10 tweets of the year
Yes, yes, I know: You’re an excellent Twatter, and omitting from this list your one zinger that got 50 likes borders malfeasance. Likewise, this reporter is a negligent compiler of listicles for overlooking some spicy day where your favorite trader-nee-influencer colorfully described Brad Garlinghouse’s anatomy. If it’s any consolation, please know that I hate the hellsite just as much as you do. The year was terrible for almost all of the planet, and even though crypto enjoyed a strong secular bull market, everyone still managed to come together, rise above adversity, and treat each other horribly anyway. I looked up …
Blockchain / Dec. 26, 2020
Why contests are better than grants for a healthy crypto community
What can contests be used for? Grants are normally reserved for developing infrastructure, apps and other tools, but Free TON says this means other important areas are overlooked. The network’s mantra is to use contests for everything from validators and software development to marketing and social media strategies. An added benefit of this approach is how it enables Free TON community members to find something that they’re passionate about — and make a meaningful contribution to making it happen. Learn more about Free TON Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at …
Decentralization / Dec. 20, 2020
'Be my Santa, please' — Chainlink user offers $13K reward to fix $50K mistake
According to a Github post made today, user dawidkabani13 claims to have accidentally sent 4,005 Chainlink (LINK) — $53,226 at the time of publication — to an Aavegotchi (GHST) smart contract on the Ethereum blockchain, which does not support operations for the token. The user said the contract is immutable — meaning his funds likely can't be recovered. Even so, he is offering a 1,000 LINK reward to anyone willing to help. At time of publication, this reward would be worth approximately $13K. "I'm just recovering from a terrible loss, I'm a father and husband, and a few days ago …
Business / Dec. 16, 2020
Crypto users split on taking out loans to buy Bitcoin dips
Taking on debt is a complex personal decision that should not be entered into without great care and financial consideration. With Bitcoin's (BTC) recent return to all-time price highs, some moonstruck Bitcoiners have begun taking out bank loans to increase their position on the asset. While this may seem like a short road to riches for some, others view such financial moves as foolish, given the inherent volatility in the space. In a Friday tweet from Peter McCormack, the What Bitcoin Did podcaster said he had purchased 2.55 Bitcoin using a $46,250 loan with the expectation he would have to …
Bitcoin Price / Dec. 14, 2020
Vitalik Buterin expects lots of ways to exchange CBDCs for crypto
Central bank digital currencies, or CBDCs, will be fairly easy to convert into cryptocurrencies in the future, Ethereum co-founder Vitalik Buterin believes. Speaking at the Singapore Fintech Festival 2020 on Dec. 9, Buterin said that he expects a lot of ways to exchange CBDCs to cryptos like Bitcoin (BTC) as well as other digital tokens: “There’s a question of how these central bank [digital] currencies are going to interact with both crypto and digital currencies more generally. There’s going to be more digital assets of many different kinds coming over the next few decades. I expect that there will be …
Regulation / Dec. 9, 2020
Celsius’ CEO thinks Ethereum could lose its market dominance if this doesn't happen
Ethereum 2.0 recently fired up its Beacon Chain, concluding Phase 0 of a scaling effort years in the making. Although he expressed faith in Eth2, Celsius CEO and founder Alex Mashinsky believes that the network could lose its spotlight if it doesn’t scale quickly and significantly. “Ethereum needs to prove it can scale its transactions 100x without compromising on security or decentralization,” Mashinsky told Cointelegraph when asked about Eth2’s next hurdle after its Beacon Chain launch. “If it fails to scale, Cardano and Polkadot will take over.” As of Thursday, Ethereum’s network hosts about 13 transactions per second, according to …
Ethereum / Dec. 4, 2020
Bitcoin fees remain low despite price surge, but Vitalik says they could soar
Despite Bitcoin’s surge to retest its 2017 highs, a combination of low on-chain transactions and diminished retail speculation has seen transaction fees remain low. The current fees of around $3.50 per transaction starkly contrast with three years ago, when the fees incurred to send any amount of BTC briefly spiked above $50. But average transaction values are currently approaching $200,000, suggesting the current rally has not been accompanied by the same retail trading frenzy that drove prices toward $20,000 in 2017. Ethereum (ETH) co-founder Vitalik Buterin doesn’t believe Bitcoin’s current low fees will last. In a Twitter thread, the Ethereum …
Bitcoin / Nov. 26, 2020
Battle of the Gigabrains: Vitalik Buterin to match wits with chess master
At 9 pm EST tonight, Ethereum co-founder and figurehead Vitalik Buterin will face off against chess streamer National Canadian Team player Alexandra Botez in an match event live-streamed on Twitch. The event came about following a series of matches and conversations held by members of the Ethereum-focused Bankless podcast and newsletter. After Vitalik participated in a handful of matches, Botez threw down the gauntlet: @VitalikButerin I’m a chess streamer and a big fan of your work I heard from some people in the crypto space that you are pretty good at chess! It would be a huge honor to play …
Ethereum / Nov. 22, 2020
Join BlockShow, part of the FinTech Festival backed by Monetary Authority of Singapore
BlockShow has unveiled the speakers for the upcoming cryptocurrency-related event taking place in Singapore in December. As previously announced, the Singapore FinTech Festival, or SFF 2020, is organized in partnership with the Monetary Authority of Singapore, the country's major financial regulator and de facto central bank. The hybrid online and physical event will run from Dec. 7–11, 2020. The upcoming conference will broadcast panel discussions on two channels, the so-called “Green Shoots” and the “Global Channel.” As part of the Global Channel, SFF 2020 speakers will discuss a range of topics related to the future of money. The channel will …
Technology / Nov. 19, 2020
ETH 2.0 benefits will come faster than people expect, Vitalik says in AMA
Ethereum co-founder Vitalik Buterin recently answered a number of community questions as part of an "ask me anything," or AMA, session on Reddit. During the AMA, hosted by the Ethereum Foundation’s ETH 2.0 research team, Buterin said that he expects noticeable network improvements sooner rather than later. “TLDR: merge happens faster, PoS happens faster, you get your juicy 100k TPS faster,” Buterin said on Wednesday as part of the foundation’s fifth AMA on ETH 2.0. Ethereum’s network has suffered periods of high congestion at various points over the years, depending on various applications and related traffic. CryptoKitties slowed the Ethereum …
Ethereum / Nov. 18, 2020
CZ and Vitalik agree blockchain-based voting is a must
Binance’s chief executive Changpeng Zhao or CZ and Ethereum’s co-founder Vitalik Buterin are in furious agreement that a new blockchain-based voting system is required to improve democratic processes in the United States. But it won’t be as easy to implement as one might think. Responding to prolonged uncertainty over the result of the controversial 2020 U.S. presidential election, CZ tweeted that now is the right time for developers to build “a blockchain based mobile voting app.” Binance’s CEO argued that such a voting system would reduce the time taken to confirm the outcome of an election, enhance voters’ privacy, and …
Technology / Nov. 5, 2020
Ethereum researcher Virgil Griffith files motion to dismiss North Korea conspiracy charge
Virgil Griffith, the former Ethereum Foundation researcher accused of conspiring to violate U.S. sanctions against the Democratic People's Republic of Korea, filed a motion on Thursday to dismiss the charge against him on the grounds that prosecutors from the Southern District of New York have failed to properly state Griffith’s crime. Griffith, 37, was arrested by FBI agents on Nov. 28th, 2019 following a presentation at a conference in North Korea in April. Prosecutors allege that at the conference Griffith rendered services to the North Korean government in the form of “valuable information” he provided to DPRK officials, and that …
Blockchain / Oct. 24, 2020