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Vitalik Buterin News and Articles

Vitalik Buterin EIP 4488

Vitalik Buterin Proposes a Solution for High Gas Fees


The Ethereum blockchain protocol faces issues of scalability and high costs. Vitalik Buterin, the co-founder of the ecosystem proposed a new way to face the challenges. Recently, he introduced the Ethereum Improvement Proposal (EIP) 4488, which suggests decreasing transaction calldata gas price and...

Vitalik Buterin Ethereum scaling

Vitalik Buterin Talked About Layer 2 and Ethereum Scaling


Ethereum’s creator, Vitalik Buterin sees Layer 2 solutions as the answer to the network’s scaling. He shared his views during his speech at the 2021 Shanghai International Blockchain Week. Buterin sees Layer 2 as the only reliable way to boost transactions that will not affect the decentralized...

Vitalik Buterin El Salvador bitcoin

Vitalik Buterin Doesn't Approve El Salvador's BTC Policy


El Salvador’s president Nayib Bukele's step of Bitcoin legalization and making local businesses support the coin didn’t get approval of Vitalik Buterin. Although Bukele tweeted in September that BTC would not be forced on everyone, Article 7 of the Bitcoin Law states that every business...

Vitalik Buterin about Warcraft and Ethereum

A Warcraft Issue Motivated Vitalik Buterin to Build Ethereum


In his bio, published on personal web hosting platform, Ethereum co-founder Vitlik Buterin wrote about the reasons for his creating Ethereum. Buterin says he first understood the negative impact of centralized services while playing World of Warcraft during 2007-2010. His favorite hero...


Representative of cryptosphere is included in rating of the Time


At the end of 2018, the world-famous Time magazine first spoke about bitcoin. A column by Alex Gladstein about BTC was published on its pages. The author wrote that cryptocurrencies give people economic freedom. In the future, bitcoin will become an alternative to the modern financial system. Now...

Vitalik Buterin Ethereum regrets

Vitalik Buterin Talked About His Regrets About Ethereum


Today, September 2 Vitalik Buterin answers followers’ questions through a Twitter AMA (Ask Me Anything). The youngest crypto billionaire has already expressed his views towards different blockchain and DeFi projects, Ethereum's development, NFTs, and more. Doing a random twitter experiment just...

Vitalik Buterin about DeFi governance

Vitalik Buterin Says the DeFi Governance Needs to be Changed


Ethereum co-founder Vitalik Buterin says the token-based voting system of DeFi platforms must move forward. On August 16, he released a blog post on decentralized governance. Referring to the importance of DevGov in the industry, Buterin also mentioned the flaws of token-based voting. Among the...

Vitalik Buterin Ethereum Conference

Vitalik Buterin Says Ethereum Must Go Beyond DeFi


Ethereum co-founder Vitalik Buterin said in his speech during Ethereum Community Conference (EthCC), held in Paris that Ethereum aims to progress beyond the DeFi space. The 4th EthCC began on July 20 and will end on July 22. Buterin referred to DeFi and cryptocurrencies as the most interesting part...

Vitalik Buterin Ethereum documentary

Fundraising For the Ethereum Documentary Completed


A documentary movie “Ethereum: The Infinite Garden” will be released. The fundraising started on July 14 is completed. Crowdfunding site Mirror managed the process. Initially, it was planned to raise 750 Ethers. The results surpassed expectations. When the fundraising was over on July 16, the...

Vitalik Buterin Dogecoin Investment

Vitalik Buterin's $25.000 Doge Investment Brought Him $4.3 M


Ethereum co-founder, the youngest crypto billionaire Vitalik Buterin revealed that he made an investment of $25.000 in Dogecoin in 2016, and in 2020 he sold the coins for $4.3 M. This means that in 3 years the capital raised by around 8000%. Vitalik Butein talked about the deal in terms of the Lex...

Vitalik Buterin about Ether

Vitalik Buterin Says Eth2 Takes More Time Than Was Assumed


Ethereum 2.0 deposit contract now holds over 5 million Eth worth around $13.6 B. The Ethereum environment is in the process of moving from a Proof-of-Work consensus mechanism to a Proof-of-Stake as a step of the system's development. The difference between these two is that PoW requires a lot of...

Vitalik Buterin answers Elon Musk

Vitalik Buterin on Elon Musk's Idea of Scaling DOGE 10X


The youngest crypto billionaire, Ethereum co-founder Vitalik Buterin issued a paper with the title "The Limits to Blockchain Scalability". There he wrote about Elon Musk's announcement that Dogecoin can speed up its block time 10X, boost block size 10X and reduce fee 100X. Vitalik...

Buterin crypto

Vitalik Buterin Expressed His Opinion About the Crypto Crash


On May 20 Ethereum co-founder Vitalik Buterin gave an interview to CNN business. Talking about the recent crash in the crypto market, Buterin said it didn't surprise him. According to him, cryptocurrencies are in a bubble, and it's difficult to guess when they will rise. Buterin said it can happen...

Vitalik Buterin burns Shibs

Vitalik Buterin Burns SHIB Tokens Worth of $6.7 B


The youngest billionaire in the crypto industry Vitalik Buterin has burned 90% of his Shiba Inu owning, valued at $6.7 B received by the coin's developers. Data from Etherscan shows that the transaction was done on May 16. In an attached note Vitalik Buterin gave the motive of his move. He said it...

Vitalik Buterin sells his meme coins

Vitalik Buterin Sells Shibs, Sends the Sum to an Indian Fund


Ethereum co-founder Vitalik Buterin sold a significant part of his meme coins directing the sum to different contribution funds. Among his purchases was selling Shiba Inu tokens (SHIBs) worth $1.2 B and sending the money to a charity fund for India's current fight to overcome COVID. When Shiba...

Vitalik Buterin

The growth of ether has enriched Vitalik Buterin


The largest altcoin ether (ETH) is trading at $ 3178 on Monday, May 3. Crypto capitalization per day increased by 8.55% to $ 367.373 billion. The rise in the cost of ether led to the fact that one of the leaders of the Ethereum development team, Vitalik Buterin, became the most youthful billionaire...

Buterin about NFTs

Vitalik Buterin Says NFTs Can be Good Socially


On March 23, Ethereum co-founder Vitalik Buterin issued a blog post that covers various aspects of the crypto industry. In the blog post, Buterin also referred to non-fungible tokens (NFTs) saying they can be used for different social objectives like charities or financing common goods. He finds...

Vitalik Buterin

Buterin promises to rise Ethereum performance by 100 times


According to Vitalik Buterin, shortly, his team will be able to significantly increase the bandwidth of Ethereum. The network can be scaled about 100 times, Buterin noted during a conversation with podcaster Tim Ferriss. Back in November last year, Buterin presented the so-called "Rollup...

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