Bitcoin advocate claims Vitalik Buterin does not understand PoW

Swan Bitcoin founder Brandon Quittem said that Ethereum (ETH) co-founder Vitalik Buterin does not “deeply” understand the Proof-of-Work (PoW) consensus mechanism. 1/ I said “Vitalik never understood PoW deeply” I don’t know if I’m right or wrong, but here are some examples of @VitalikButerin misunderstanding PoW 🧵👇 https://t.co/Uo1oZolpVU — Brandon Quittem (@Bquittem) August 15, 2022 … Read more

Vitalik Buterin Suggests Stealth Addresses for Private NFT Ownership

Ethereum co-founder Vitalik Buterin proposed stealth addresses as a potential way to obscure NFT ownership. Buterin made a post saying it would be a lighter-weight solution to private NFTs compared to some alternative methods. Ethereum co-founder Vitalik Buterin has suggested stealth addresses for the anonymous ownership of NFTs. Buterin made a post on Aug. 8, … Read more

Ethereum’s [ETH] latest debate focuses on PoW v. PoS with players choosing sides

Ethereum Merge, by far the market’s most-anticipated event, will soon take place (potentially in September). As expected, excited ETH supporters remain bullish as it would improve the network’s efficiency and reduce its environmental impact. Now, with the transition looming in the near future, many major players have planned their next moves. What’s your take? The … Read more

Ethereum Classic up over 150% in July as ETH 2.0 draws closer

Ethereum Classic’s (ETC) value increased by over 150% in July, making it one of the top performing digital assets of the month. The asset was trading at $36.50 as of press time after shedding over 11% in the last 24 hours. Interest in the asset reached a crescendo when Ethereum (ETH) developers revealed the date … Read more

How ‘totally fine’ ETC is coping with the effect of Ethereum’s Merge

Ethereum blockchain’s potential transition from proof-of-work to proof-of-stake (Merge) has triggered a buying hysteria around the hype. Well, not just for ETH, but also for related cryptos such as Ethereum Classic. In fact, different predictions concerning the altcoin have come true too. ETC, for instance, at press time, had jumped to $40 from its value … Read more

Vitalik Buterin Says Facebook’s Metaverse Attempt Will Misfire

Ethereum co-founder Vitalik Buterin believes that corporate attempts to build the metaverse will fail. Buterin said this while responding to the views of Dean Eigenmann, who pointed out that “while the ideas on the metaverse concept make sense, he doesn’t think it’ll happen through Venture Capitalist funding.” “I’d rather hang out in World of Warcraft than half … Read more

Vitalik Updates Ethereum Roadmap With ‘Surges’ and ‘Purges’

If the Merge hasn’t caused enough hype and FOMO over the past week, the Ethereum network will undergo a Surge, Verge, Purge, and Splurge as part of its ongoing development roadmap. Ethereum co-founder Vitalik Buterin unveiled the next steps in the roadmap for the network at the annual Ethereum Community Conference (EthCC) in Paris on … Read more

Ethereum Merge will not reduce gas fees, DeFi researcher says

DeFi trader Vivek Raman, in a Twitter thread, has argued that Ethereum’s (ETH) anticipated Merge would not bring down the network fees as expected by many. The Ethereum Merge is one of the most powerful catalysts in crypto history, and it is quickly approaching As we reach the endgame for ETH under the proof of … Read more

Vitalik Buterin is No Longer a Billionaire, According to Vitalik Buterin

Vitalik Buterin, co-founder of Ethereum, announced that he is no longer a billionaire. The current bear market has reduced the value of its portfolio from around $ 1.4 billion to less than $600 million. Sponsored Sponsored Buterin’s post was in response to a tweet in which he praised Elon Musk and Jeff Bezos for direct … Read more

Ethereum’s on-chain metrics are troubled but ETH can go up high only if…

The crypto market has had quite a rough ride of late. The king altcoin Ethereum in the last 24 hours tanked by 3.54%. It followed BTC’s movement closely as ETH’s correlation to the king coin stood at 0.91. The last 24 hours have been crucial for Ethereum as the bears gained momentum. On 20 May, … Read more