03/05/19 06:00 UTC-4

Vitalik Buterin: Ethereum for people!

Buterin said that Ethereum is for people
Buterin said that Ethereum is for people

On May 3rd, the Ethereum cryptocurrency developer stated that Ethereum coins are intended primarily for ordinary people. According to Vitalik Buterin, cryptocurrencies should become easier and more reliable.


Vitalik Buterin told about what cryptocurrencies should be

On May 3, Vitalik Buterin published an article, in which he said that Ethereum, like any other cryptocurrency, was created for people. According to the developer, cryptocurrencies are needed to simplify human life, the global economy and increase confidence.

Buterin said that Ethereum (along with, possibly, many of its imitators and successors) is a strange, deeply imperfect technology, but it can also be perceived as a "playing platform" for new research and improvement of the world.

"This (Ethereum) allows you to define in software relations between events that can be human interactions and flows of economic value. The human community transcends money." – Vitalik Buterin.

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In addition, the article announced an additional project called sbt-ethereum, which Buterin called "a different look". According to the publication, this application is strictly not a graphical interface, web application or mobile application. Instead, it is text software that defines its own command line.

"In my opinion, one of the reasons why institutional experiments with Ethereum were slow and unproductive is a premature fetish for "Web3 dApps", users of which often seek to be as close as possible to the current generation of web and mobile applications" – Vitalik Buterin.

There is no more detailed information about the new text application. Vitalik Buterin said that Ethereum is intended for people. Recall that we have already written about how Buterin spoke about cryptocurrency with Elon Musk.

Editor: Pereyidenko Ihor

See also: "Microsoft collaborates with JP Morgan Chase to support and promote the technology of the Quorum financial blockchain-giant"

#cryptocurrency #VitalikButerin #Ethereum #sbtethereum



17/05/19 03:00 UTC-4

#DropGold Bitcoin movement is now on American TV channels

​On May 16, it was reported that the popular American TV channels, National Geographic and Fox News, will broadcast a video ad for the DropGold movement. As it became known, the project was financed by Grayscale Investments and Barry Silbert.

16/06/19 05:00 UTC-4

John McAfee presented Bitcoin wristwatches

​On June 14, a well-known entrepreneur and Bitcoin enthusiast, John McAfee, presented a Bitcoin wristwatch. Watches are not a cryptocurrency wallet and do not have built-in functions, while differing in design in a cryptocurrency style.

Hypes, funds, fiat money