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Buterin

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Vitalik Buterin Says He’d Only Acknowledge Stage 1 Rollups, ‘The Era of Glorified Multisigs Is Over’ thumbnail

Vitalik Buterin Says He’d Only Acknowledge Stage 1 Rollups, ‘The Era of Glorified Multisigs Is Over’

Buterin said he won’t endorse Layer-2 solutions unless they’ve reached at least stage 1 maturity. He highlighted the importance of decentralization in ZK-rollups and said the ‘era of glorified multisigs is coming to an end.’ Several prominent L2s, including Optimism and Arbitrum, are on the way to stage 2 maturity. Ethereum co-founder Vitalik Buterin has
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Vitalik Buterin Wary of Pushing Too Much Complexity to Ethereum L2s thumbnail

Vitalik Buterin Wary of Pushing Too Much Complexity to Ethereum L2s

Ethereum co-founder Vitalik Buterin isn’t convinced that all complex features developers want on Ethereum should be built on Layer 2 scaling solutions. People use L2s like Optimism, Polygon, and Arbitrum because they’re cheaper and faster than using Ethereum mainnet. At the time of writing, L2s are processing about 75 transactions per second (TPS) compared to
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Vitalik Buterin Reveals How He Burned Over $7 billion in Shiba Inu thumbnail

Vitalik Buterin Reveals How He Burned Over $7 billion in Shiba Inu

You are here: Home / News / Altcoin News / Vitalik Buterin Reveals How He Burned Over $7 billion in Shiba Inu January 25, 2022 by Vignesh K Vitalik Buterin, the Ethereum blockchain’s co-founder, recently revealed how he burned $6.7 billion in Shiba Inu.Buterin stated in a recent interview with the UpOnly Podcast that unknown devs…
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Vitalik Buterin Skeptical of Cross-Chain Bridges thumbnail

Vitalik Buterin Skeptical of Cross-Chain Bridges

Key Takeaways In a Reddit post, Buterin advocated for a multi-chain future but expressed skepticism of cross-chain bridges. Buterin suggested that bridged assets are more susceptible to security flaws. He concluded that it is safer to keep custody of a native blockchain’s assets in that same native blockchain than it is to store them on…
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