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Search results for Vitalik Buterin

Crypto

Coinbase urges urgent quantum-resistant shift, warning 7 million bitcoin could be at risk

Major blockchains such as Bitcoin and Ethereum should immediately begin preparations to migrate to quantum-resistant systems, a Coinbase advisory group warned in a new report. The group said handling coins not moved to quantum-resistant addresses is the key issue, estimating about 7 million bitcoin could be vulnerable in the future. It outlined options including freezing or burning coins after a deadline, user choice, and compromise measures, while noting concerns about forced burns and property rights.

Crypto

Ethereum insiders criticise foundation\'s execution as reason for weakness

An Ethereum ecosystem participant has blamed the Ethereum Foundation’s execution for the token’s weakness versus bitcoin since the Merge. Reid said the slump reflects accumulated product misjudgments and delayed execution rather than market cycles. He cited the ETH/BTC ratio decline, the lack of a native staking app, and reliance on Lido. He also criticised the rollup-led roadmap for weakening layer-1 revenue and said layer-2 networks built their own profit structures.

Crypto

Vitalik Buterin writes sci-fi novel on decentralised governance

Ethereum co-founder Vitalik Buterin (비탈릭 부테린) is writing a science-fiction novel focused on decentralised governance, drawing attention in the blockchain industry. He disclosed the project on Farcaster and has posted Chapters 1 and 2 on his personal website. The story uses a fictional society and crisis to test how governance structures work, weaving in issues such as low turnout, power concentration by large token holders and financial imbalances, while experimenting with mechanisms he has previously proposed.