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Price data by
Deep DivesVitalik Buterin

Vitalik Buterin

Role

Co-Founder of Ethereum

Location

Singapore

Education

University of Waterloo

Current Project

Ethereum, Bitcoin Magazine

Previous Projects

Bitcoin Magazine

Twitter

@VitalikButerin

LinkedIn

View Profile

About Vitalik Buterin

Vitalik Buterin is a Russian-Canadian programmer and writer who created Ethereum, which he launched in 2015 with seven other cofounders. Buterin was just 18 in 2012 when he first became involved with cryptocurrency and launched Bitcoin Magazine.

Recent News

  • BLOCKCHAIN c. Rodrigo Martinez/Decrypt

    What Are Layer-2 Networks and Sidechains? Ethereum Scaling Explained

    Blockchain infrastructure has evolved to encompass an ecosystem of layer-1 and layer-2 networks. In this article we’ll explore the difference between the two, and how layer-2 networks and other scaling methods like sidechains attempt to address the scalability challenges of layer-1 blockchains. What are layer-2 networks? Simply put, layer-2 networks are blockchain networks that live atop a layer-1 network such as Ethereum, with the layer-1 network providing the base layer of infrastructure and s...

  • Image: Shutterstock

    Vitalik Buterin Hits Back at Ethereum Foundation Critics: 'Show Some Respect'

    Ethereum co-founder Vitalik Buterin has pushed back at claims that he has sold any ETH over the past month, in a recent Twitter thread. “I haven't sold a single ETH in the past month,” Buterin replied to a Twitter user Saturday. He added that, “The amount of ETH I hold has actually gone up.” I haven't sold a single ETH in the past month? The amount of ETH I hold has actually gone up — vitalik.eth (@VitalikButerin) October 25, 2024 Buterin also addressed claims that the Ethereum Foundation has...

    NewsCoins
    3 min read
    Ryan S. Gladwin
  • Vitalik Buterin and Michael Saylor. Images: @dAAAb/Twitter, Swan Bitcoin/YouTube

    Vitalik Buterin: Michael Saylor's Bitcoin Self-Custody Comments Are 'Batshit Insane'

    Ethereum co-founder Vitalik Buterin has openly criticized MicroStrategy co-founder Michael Saylor's recent remarks on Bitcoin self-custody. During a recent interview, Saylor was asked whether leaving Bitcoin custody to large banks and third-party entities poses a centralization risk, with the potential for government seizure of individuals’ crypto holdings. The MicroStrategy co-founder responded that when Bitcoin is held by "paranoid crypto-anarchists" who do not acknowledge government regulatio...

    NewsCoins
    3 min read
    Adrian Zmudzinski
  • Vitalik Buterin is the co-founder of Ethereum. Image: @dAAAb/Twitter

    Vitalik Buterin: ‘The Scourge’ to Address Ethereum's Proof-of-Stake Centralization Risks

    In a new blog post, Ethereum co-founder Vitalik Buterin addressed risks to the layer-1 blockchain due to potential centralization in its proof-of-stake (PoS) consensus mechanism. In the post dated October 20, Buterin discussed the third of several “Possible futures of the Ethereum protocol,” which he dubbed “The Scourge.” Buterin warned that economic pressures could allow large stakers to dominate the network, increasing the risk of 51% attacks, transaction censorship, and unfair value extractio...

    NewsTechnology
    3 min read
    Adrian Zmudzinski
  • Image: Shutterstock

    Ethereum Bulls Have Reason to Worry If L2s Remain Dominant, Says VanEck Analyst

    Ethereum’s adoption of layer-2 networks could cost ETH trillions of dollars in potential market capitalization over the next few years if its associated dynamics remain unbalanced, according to VanEck Head of Digital Assets Research Matthew Sigel. In a Twitter (aka X) post, the analyst posited Thursday that Ethereum’s “changing fundamentals suggest a model update is in order.” Instead of climbing to $22,000 by 2030, Ethereum’s price projection would plummet 67% to $7,300 if “the current reality”...

    NewsCoins
    4 min read
    André Beganski
  • Vitalik Buterin is the creator of the Ethereum blockchain. Image: Siam Blockchain

    Ethereum Creator Vitalik Buterin Proposes Huge Changes to Network

    It turns out that Vitalik Buterin wasn’t satisfied with the first overhaul to Ethereum’s consensus mechanism—despite many years of technical tinkering and debate.   In a Monday blog post, the Ethereum co-founder pondered several potential improvements to Ethereum’s proof-of-stake model. That included lowering financial barriers for solo stakers, as well as improving the amount of time it takes when finalizing Ethereum blocks. Two years ago, “The Merge” fundamentally changed how Ethereum’s transa...

    NewsTechnology
    3 min read
    André Beganski
  • Vitalik Buterin is the co-founder of Ethereum. Image: @dAAAb/Twitter

    Economists Vouch for Ethereum Founder Vitalik Buterin as Nobel Prize Contender

    Ethereum creator Vitalik Buterin may be up for the Nobel Prize in Economics thanks to his contributions to cryptocurrency, two notable economists argued on a recent podcast. This comes ahead of the award announcement on Monday, October 14. Tyler Cowen and Alex Tabarro, two economics professors, spoke on the podcast for their joint economic blog Marginal Revolution as they questioned who may win the upcoming Nobel Prize in Economics. After throwing a few names around, they eventually pondered if...

    NewsOpinion
    3 min read
    Ryan S. Gladwin
  • Image: Token2049

    Record-Breaking Token2049 Brings Crypto Industry to Singapore

    The crypto industry converged on Singapore last month for the record-breaking 2024 edition of Token2049, with 20,000 attendees taking part in the main conference and over 800 side events. Billed as the world’s largest Web3 and crypto conference, this year’s edition of Token2049 saw speakers from across the industry taking part in panel discussions and fireside chats, including Ethereum co-founder Vitalik Buterin, Solana co-founder Anatoly Yakovenko and noted whistleblower Edward Snowden. This w...

  • Vitalik Buterin at ETH Taipei 2024. Photo: Rug Radio/Decrypt

    How Ethereum Founder Vitalik Buterin Defines 'Stage 1+' Layer-2 Networks

    Ethereum founder Vitalik Buterin has said that from 2025 onwards he plans to only publicly mention layer-2 networks that are “Stage 1+”. Buterin, who has 5.4 million followers on Twitter and is arguably among one of crypto's most influential voices, says he may make some exceptions to the rule. For example, “maybe a short grace period for new genuinely interesting projects.” “It doesn't matter if I invested, or if you're my friend; stage 1 or bust,” he said in the post on Twitter. I take this s...

    NewsCoins
    3 min read
    Will McCurdy
  • Vitalik Buterin is the co-founder of Ethereum. Image: @dAAAb/Twitter

    Ethereum Creator Vitalik Buterin Reveals Salary Amid Growing Foundation Scrutiny

    Ethereum co-founder Vitalik Buterin said Tuesday that the Ethereum Foundation pays him an annual salary of around $140,000, as the organization centered around Ethereum’s developers and researchers prepares a new spending report amid public scrutiny of its budget. The Canadian programmer helped establish the Swiss-based nonprofit in 2014, which supports Ethereum’s ecosystem through research, grants, and events. Regarded as one of the crypto industry’s centric visionaries, Buterin sits on the Eth...

    NewsBusiness
    4 min read
    André Beganski
  • Vitalik Buterin. Image: Shutterstock

    Does Ethereum's Founder Even Like DeFi? Vitalik Buterin Clears the Air

    Ethereum has spent years under a torrent of criticism questioning whether its flagship use case—decentralized finance (DeFi)—has any real merit. Suddenly, one of the people spearheading those criticisms is the network’s founder, Vitalik Buterin. “The kinds of applications that I want to see are applications that are (i) useful in a sustainable way, and (ii) don't sacrifice on the principles (permissionlessness, decentralization, etc),” tweeted Buterin on Sunday while discussing his views on DeFi...

    NewsDeFi
    3 min read
    Andrew Throuvalas
  • Image: Shutterstock

    Vitalik Buterin Touts Ethereum’s Strength, Sets AI Event

    Ethereum co-founder Vitalik Buterin on Thursday highlighted the blockchain network's robust fundamentals, calling them “crazy strong” before expounding on artificial intelligence. "Ethereum's fundamentals have become crazy strong right now," Buterin said, pointing to recent developments like adopting a rollup-centric roadmap that he believes has largely solved the blockchain's scalability challenges. In a wide-ranging Spaces discussion on X (aka Twitter), he also unveiled plans for a defensive a...

    NewsCoins
    2 min read
    Murtuza Merchant
  • Ethereum co-founder Vitalik Buterin. AI-enhanced image (extended background). Credit: Alexey Smyshlyaev/Shutterstock

    Ethereum Creator Vitalik Buterin Donates $500,000 from ‘Animal Coins’ to Charity

    Vitalik Buterin has yet again put the trillions of crypto tokens that people routinely send to him to good use: this time, to help animals in need.  On Wednesday, the Ethereum co-founder donated $532,000 worth of ETH to the Effective Altruism Fund’s dedicated Animal Welfare Fund. The crypto, he says, came from selling off all of the “animal coins”—animal-themed, Ethereum-based meme coins—that crypto users sent him over the last year.  Meme coins routinely invoke animals—dogs, cats, ducks, you na...

    NewsCoins
    2 min read
    Sander Lutz
  • Image created by Decrypt using AI

    Wall Street Still Doesn't Really Get Ethereum, Says 10X Research

    In the wake of the much-anticipated Ethereum ETF launches, Wall Street appears to be grappling with how to effectively communicate their value to potential investors. According to a new report by 10x Research, BlackRock has resorted to describing ETH as "a bet on blockchain technology." However, this characterization may not be resonating with traditional investors. "Wall Street people usually don't place bets on things they don't understand,” the report notes. This uncertainty comes the day aft...

    NewsMarkets
    3 min read
    Murtuza Merchant
  • Vitalik Buterin at ETH Taipei 2024. Photo: Rug Radio/Decrypt

    Ethereum Creator Vitalik Buterin Rattles Industry After Warning of Pro-Crypto Candidates

    A blog post published by Ethereum co-founder Vitalik Buterin Wednesday urged prospective voters not to support political candidates simply because they call themselves pro-crypto. The post elicited a wide range of reactions from crypto industry figureheads, and didn’t sit well with some of the industry’s more conservative voices—particularly Messari CEO Ryan Selkis, an increasingly vocal backer of former President Donald Trump. “Vitalik is an idealist, not a realist. He is one of the more politi...

    NewsBusiness
    5 min read
    André Beganski
  • Portrait of Ethereum co-founder Vitalik Buterin. Image: Matthew Reamer/Das Magazin/Foundation

    Vitalik Buterin: Making Ethereum 'Home Staking Friendly' Will Ensure Decentralization

    Ethereum co-founder Vitalik Buterin has voiced his thoughts on keeping the network decentralized amidst rising concerns about the it potentially transforming into a "data center chain." This debate has been ignited by recent comments from Doug Colkitt, founder of Ambient Finance, who vehemently opposes such a shift. While acknowledging the challenges posed by home staking, Buterin emphasized the importance of reducing the current 32 ETH requirement for staking. At current prices, a user would ne...

    NewsMarkets
    3 min read
    Murtuza Merchant

  • What Are Blobs? Improving Ethereum’s Scalability

    Officially introduced to the Ethereum network on March 13, 2024 in the Dencun upgrade, blobs are a new type of data storage space designed to make rollups cheaper and more efficient. The consensus within the Ethereum community is that the best way to scale Ethereum is through rollups, also known as Layer 2s or L2’s, and that the best way to scale rollups is via the introduction of blobs. Before blobs, if Ethereum went through a period of congestion, that would also affect the price of transactio...

  • Pudgy Penguins are the latest NFT craze. Image: Pudgy Penguins

    The Week in Polkadot: Pudgy Penguins Mobile Game Coming to Polkadot

    Welcome to Decrypt’s Week in Polkadot, our regular round-up of the latest developments in the Polkadot ecosystem. Pudgy Penguins land on Polkadot with mobile game Web3 gaming studio Mythical Games is set to release a Polkadot-based mobile game based on the well-known NFT brand Pudgy Penguins. The Pudgy Penguins brand has made inroads into the mainstream in recent months; physical toys based on its intellectual property have been released in Walmart and Target, while the brand has hit the pages o...

  • Vitalik Buterin at ETH Taipei 2024. Photo: Rug Radio/Decrypt

    Ethereum Creator Vitalik Buterin Explains What Celebrity Tokens Get Wrong

    Vitalik Buterin has a problem with the latest spate of celebrity meme coins, taking to Twitter to rail against pop culture-powered cryptocurrencies—and explaining how they could regain credibility. The problem, Buterin emphasized, was not with meme coins as a caategory, but instead the fact that most don’t serve a purpose beyond making money. “I'm feeling quite unhappy about with ‘this cycle’s celebrity experimentation,’ so far,” he wrote. “‘Financialization as a means toward an end’ I can respe...

    NewsCoins
    3 min read
    Jason Nelson
  • Ethereum co-founder Vitalik Buterin. AI-enhanced image (extended background). Credit: Alexey Smyshlyaev/Shutterstock

    Vitalik Buterin Explains Why ‘Big Blockers’ Lost the Bitcoin Scaling Wars

    The creator of Ethereum has revisited the “Bitcoin block size war,” rethinking his alliance with the “big block” camp in the late 2010s and now conceding that the “small block” contingent prevailed for good reason. Reflecting on two Bitcoin history books told from opposite sides of the debate, Vitalik Buterin published a lengthy blog post on Friday over how Bitcoin should scale, upgrade, and be governed. Buterin said advocates of larger block sizes wanted hard-fork upgrades that would increase B...

    NewsTechnology
    4 min read
    Andrew Throuvalas
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