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The cofounder of Ethereum, Vitalik Buterin, recently discussed the highly anticipated full transition from a proof-of-work (PoW) consensus model to proof-of-stake (PoS) as its replacement. Buterin admitted at Hong Kong’s Startmeup HK 2021 Festival that the transition was taking too long and highlighted that it wasn’t technical problems but “related to people.” Buterin: ‘If You … Read more
Binance’s CEO and Ethereum co-founder Vitalik Buterin believe blockchain-based voting apps would significantly improve current voting systems. Go to Source Powered by WPeMatico
A number of significant events have occurred pertaining to the Ethereum ecosystem in recent days. Last week, the code for the proposed first step of Ethereum’s technical transition toward the adoption of proof-of-stake mining, Vitalik Buterin made disparaging comments regarding 2017’s explosion in the initial coin offering (ICO) industry in an interview with Financial Times, … Read more
Ethereum’s Github has recently seen several significant proposals made for development. On April 1st, Ethereum co-founder, Vitalik Buterin, proposed the introduction of a hard fork on the supply of ETH tokens at approximately 120 million. Several days prior, developer Piper Merriam advocated that Ethereum conduct a hard fork in order to “demonstrate a willingness” to … Read more
Vitalik Buterin, the creator of the Ethereum Network, recently proposed a new method for decentralized fundraising called the “DAICO”. Incorporating elements of Decentralized Autonomous Organizations, or DAOs, the new model is designed to minimize the complexity and risk associated with ICOs. Buterin outlined the new model in a post on the Ethereum Research Forum entitled “Explanation … Read more
