{"id":138466,"date":"2021-09-11T11:15:34","date_gmt":"2021-09-11T11:15:34","guid":{"rendered":"https:\/\/precoinnews.com\/?p=138466"},"modified":"2021-09-11T11:15:34","modified_gmt":"2021-09-11T11:15:34","slug":"vitalik-buterin-talks-ethereum-2-0-proof-of-stake-nfts","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/ethereum\/vitalik-buterin-talks-ethereum-2-0-proof-of-stake-nfts\/","title":{"rendered":"Vitalik Buterin Talks Ethereum 2.0, Proof-Of-Stake, NFTs"},"content":{"rendered":"

Ethereum co-founder, Vitalik Buterin, recently, flung his Twitter windows open to his 274 followings on Twitter, for a flock of questions about his personal life and Ethereum. Buterin gave a surprising answer to a few good questions. Take a look at some of them.<\/p>\n

\u201cWhat are your biggest regrets?\u201d<\/strong><\/h2>\n

VB: \u201cThe whole ‘8 cofounders’ thing (and choosing them so quickly and non discriminately),\u201d<\/p>\n

Apparently, Vitalik, who was then 19, had pulled together a team of 8 persons \u2014 with the other seven consisting of Cardano CEO, Charles Hoskinson; Joseph Lubin, Polkadot’s Gavin Wood, Anthony Di Lorio, Mihai Alisie, Amir Chetrit, and Jeffrey Wilcke\u00a0 \u2014 to figure out the headway for Ethereum. <\/p>\n

In hindsight, he now regrets this decision as all founders have grown to respectable heights in the space making the process of decision-making hard and tedious for the blockchain. Vitalik remarked:<\/p>\n

\u201cPeople are harder to tightly coordinate in small groups than I expected. You can’t just get everyone to sit around in a circle, see each other’s inherent goodness and get along, especially when huge incentive conflicts are at play,\u201d<\/p>\n

\u201cWhich Ethereum use case has surprised you the most?\u201d<\/strong><\/h2>\n

VB: \u201cNFT\u201d<\/p>\n

With over $2.5 billion in sales from the last three months of 2021 alone, NFTs are making a strong and unbelievable comeback from post-pandemic market crashes, and most of the action is all happening on the ethereum blockchain network. <\/p>\n

Little wonder Vitalik is much surprised.<\/p>\n

What\u2019s something you had an insane amount of confidence in, only to have it turn out you were dead wrong?\u2019<\/strong><\/h2>\n

VB: \u201cEthereum will move to proof of stake in 1-2 years\u201d<\/p>\n

Investors in Ethereuem also shared Vitalik\u2019s confidence in the possibility of an introduction to proof of stake (PoS) at the announcement of the just-initiated London hard fork upgrade.<\/p>\n

But with the SEC breathing down on PoS networks and a barrage of early test issues springing up, Ethereum will have to hold on a little longer to sight a clear coast before switching.<\/p>\n

\u201cHow do we manage crypto becoming, or being co-opted by Wall St? What\u2019s the road map for adoption to help real people and communities organize their lives in a more economically sustainable way? Do you see a role for mutual credit and local currencies in this?\u201d<\/strong><\/p>\n

VB: \u201cOne big thing I want to keep pushing for is for ethereum to avoid having too much of a US center of gravity. <\/p>\n

Globalism is one of crypto\u2019s greatest strengths and we should be celebrating and building on it much more.\u201d \u201cI think more of geographic diversity alone (not just in what exists but what gets emphasized and talked about) would help prevent any single potentially unhealthy subculture from dominating too much.\u00a0<\/p>\n

\u201cDo you think you\u2019ll likely create another cryptocurrency\u201d<\/strong><\/h2>\n

VB: \u201cNo.\u201d<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum co-founder, Vitalik Buterin, recently, flung his<\/p>\n","protected":false},"author":3,"featured_media":138465,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"yoast_head":"\nVitalik Buterin Talks Ethereum 2.0, Proof-Of-Stake, NFTs - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/ethereum\/vitalik-buterin-talks-ethereum-2-0-proof-of-stake-nfts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vitalik Buterin Talks Ethereum 2.0, Proof-Of-Stake, NFTs - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Ethereum co-founder, Vitalik Buterin, recently, flung his\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/ethereum\/vitalik-buterin-talks-ethereum-2-0-proof-of-stake-nfts\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-11T11:15:34+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/09\/Vitalik-Buterin-Talks-Ethereum-2.0-Proof-Of-Stake-NFTs-.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/ethereum\/vitalik-buterin-talks-ethereum-2-0-proof-of-stake-nfts\/\",\"url\":\"https:\/\/precoinnews.com\/ethereum\/vitalik-buterin-talks-ethereum-2-0-proof-of-stake-nfts\/\",\"name\":\"Vitalik Buterin Talks Ethereum 2.0, Proof-Of-Stake, NFTs - 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