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Showing posts with the label vitalik buterin

Ordinals Renewed Bitcoin 'Building Culture': Ethereum Founder

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On the valuation front, Bitcoin is miles ahead when compared to Ethereum. While the former boasted of a market cap of around $584.7 billion at press time, the latter flashed a value of $223.5 billion. Even though Ethereum’s valuation is not even half of Bitcoin’s, ‘flippening’ discussions have been going on for quite some time. Ethereum community members strongly believed that the displacement is bound to happen one day, given the project’s strong fundamentals. On the development activity front, for instance, Ethereum possesses the baton, despite slowing down its pace over the past few months. Bitcoin’s activity, on the other hand, has noted an uptick. Even so, when compared, it is nowhere close to Ethereum. Source: Sanbase Also Read: Bitcoin Ordinals NFT Inscriptions Surpass 153K: Developer Ports It to Litecoin The culture of ‘doing things’ on Bitcoin Ordinals have proved to be a game changer for Bitcoin. They debuted on Bitcoin i...

Vitalik Buterin and Indian yogi Sadhguru discuss tech, identity and more

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In a virtual conversation hosted by the reState Foundation the two thought leaders joined together to talk about the direction of the future of technology and human consciousness. Emerging technologies such as Blockchain are ushering in a new era of interactions between humans and the digital world. This is an evolving topic of conversation for thought-leaders both inside and outside of the industry trying to predict how such technologies will prompt change in the human experience.  On April 25th the reState Foundation hosted a virtual talk between co-founder and inventor of Ethereum Vitalik Buterin and founder of the Isha Foundation, the Indian mystic Sadhguru to discuss the intersection of technology and human consciousness.  reState Foundation, Sadhguru and Vitalik Buterin in conversation. Source: YouTube, reState Foundation Buterin opened the conversation by highlighting that the core of Blockchain technology is about “human coordination and interaction” with one another. He sai...

Shiba Inu: Who Has 'Burned' the Highest Number of SHIB Tokens?

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Shiba Inu tokens have been consistently removed from the circulating supply via burns. Over the past 24 hours, around 754,187,142 SHIB has been burned. As a result, the burn rate was up by more than 4636.07% at press time. The asset’s price has been reacting positively to the same. On Wednesday, March 22, Shiba Inu was trading at $0.00001087, up by roughly 5% over the past day. Several renowned institutions, groups, and people from the community have burned Shiba Inu tokens. So, who is currently the top SHIB burner? Also Read: Shiba Inu [SHIB] Mid-March 2023 Price Prediction Ethereum founder Buterin tops the SHIB burn list In May 2021, Ethereum Co-founder Vitalik Buterin burned more than $6.7 billion worth of SHIB tokens. Thanks to the said transaction, the Ethereum founder continues to be the top burner. Let’s rewind a bit to understand the context better. The anonymous developers of Shiba Inu had chalked out in their “woofpaper” that they would send 50% of the total ...

Vitalik Buterin discusses his 'excitement' for the future of Ethereum

Buterin was specifically bullish on the rise of decentralized blockchain identities to enhance user privacy. In a blog post dated Dec. 5, Ethereum (ETH) co-founder Vitalik Buterin wrote that money, blockchain identities, decentralized finance (DeFi), decentralized autonomous organizations (DAOs), and hybrid applications were the top developments he was excited about in the Ethereum ecosystem. Buterin then described his experience in using Ether as a means of payment in a cafe in Argentina:  "When we walked in, the owner recognized me, and immediately showed me that he has ETH and other crypto-assets on his Binance account. We ordered tea and snacks, and we asked if we could pay in ETH. The coffee shop owner obliged, and showed me the QR code for his Binance deposit address, to which I sent about $20 of ETH from my Status wallet on my phone." Buterin continued that due to side effects of The Merge, "transactions get included significantly more quickly, and the chain ha...

FTX: "Delusional" SBF should be "sent to jail" says Novogratz

The FTX debacle has taken several twists and turns lately. While a majority of the community continues to remain enraged about the situation, Sam Bankman-Fried’s recent interview further agitated them. Despite all his activities, individuals like Kevin O’Leary and Bill Ackman extended support to SBF. A few others continued to call him out. Mike Novogratz , the CEO of Galaxy Digital was one among the latter. Appearing in a recent interview, Novogratz was seen pointing out that SBF was “delusional.” In addition to this, he even suggested that he needs to be jailed. However, authorities haven’t charged the former CEO of FTX . But, the Galaxy Digital CEO highlighted how the movement of $9 billion out of FTX was enough evidence to nab SBF. He added, “I’m not saying he even planned this all like a criminal mastermind. What they did was criminal and they need to be prosecuted for it. [..] They perpetuated a large fraud. And it wasn’...