VitalikButerin
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#VitalikButerin I am a disappointment to cryptocurrencies, how do you think I got rich? Playing dirty.
#VitalikButerin Unveils Ambitious Upgrades to Enhance #Ethereum's Scalability and Efficiency
Vitalik Buterin Outlines Ethereum's Future at Devcon 2024
- At #Devcon 2024 in Bangkok, Ethereum co-founder Vitalik Buterin laid out Ethereum's vision as the “world computer” for a global digital economy, emphasizing decentralization, scalability, and inclusivity. Buterin celebrated Ethereum’s transition to Proof of Stake (PoS), a change that reduced energy consumption, strengthened security, and advanced decentralization.
- He spotlighted Layer 2 solutions like Optimistic Rollups and ZK Rollups, which scale Ethereum by processing transactions off-chain, cutting fees from 50 cents to under 0.1 cent. This affordability expands Ethereum's accessibility and attracts a wider user base.
- Ethereum's PoS model, Buterin noted, fosters community participation and a decentralized, equitable ecosystem. Buterin reaffirmed Ethereum's commitment to seamless Layer 2 integration, furthering its role as a resilient, inclusive, and accessible "world computer."
#CryptoUpdate🚀🔥 #BinanceSquareTrends
Vitalik Buterin Outlines Ethereum's Future at Devcon 2024
- At #Devcon 2024 in Bangkok, Ethereum co-founder Vitalik Buterin laid out Ethereum's vision as the “world computer” for a global digital economy, emphasizing decentralization, scalability, and inclusivity. Buterin celebrated Ethereum’s transition to Proof of Stake (PoS), a change that reduced energy consumption, strengthened security, and advanced decentralization.
- He spotlighted Layer 2 solutions like Optimistic Rollups and ZK Rollups, which scale Ethereum by processing transactions off-chain, cutting fees from 50 cents to under 0.1 cent. This affordability expands Ethereum's accessibility and attracts a wider user base.
- Ethereum's PoS model, Buterin noted, fosters community participation and a decentralized, equitable ecosystem. Buterin reaffirmed Ethereum's commitment to seamless Layer 2 integration, furthering its role as a resilient, inclusive, and accessible "world computer."
#CryptoUpdate🚀🔥 #BinanceSquareTrends
🚀 Vitalik Buterin is reimagining the future of information.
Vitalik’s latest proposal, “info finance,” is about more than just data. It’s a radical shift in how we might capture, validate, and share factual insights, powered by blockchain and AI. Imagine a world where information is a public good—transparent, reliable, and accessible to all.
Here’s the vision he laid out:
1️⃣ Start with Prediction Markets: Platforms like Polymarket enable users to forecast events, creating a valuable source of crowd-sourced data. As Vitalik puts it, “predicting the election is just the beginning.”
2️⃣ Integrate Blockchain & AI: This new “info finance” model uses blockchain to ensure transparency and AI to make information gathering efficient—even with minimal resources. He believes this can provide “reasonably high-quality info” at scale.
3️⃣ Incentivize Trustless Data Sharing: With low transaction fees, blockchain makes info finance affordable, while AI rewards participants for accurate predictions. The goal? Restoring public trust through a truly decentralized, trustless system.
And here’s the kicker: Vitalik’s vision arrives as Ethereum breaks $3,000 for the first time since March. As ETH enters “scarcity mode,” this new concept could amplify its real-world utility beyond financial transactions. 📈
Is “info finance” the next frontier for blockchain and AI? 👇
Read more @Cointelegraph .
#VitalikButerin #ETH🔥🔥🔥🔥 #CryptoNewss #CryptoNews🚀🔥 #Market_Update
Vitalik’s latest proposal, “info finance,” is about more than just data. It’s a radical shift in how we might capture, validate, and share factual insights, powered by blockchain and AI. Imagine a world where information is a public good—transparent, reliable, and accessible to all.
Here’s the vision he laid out:
1️⃣ Start with Prediction Markets: Platforms like Polymarket enable users to forecast events, creating a valuable source of crowd-sourced data. As Vitalik puts it, “predicting the election is just the beginning.”
2️⃣ Integrate Blockchain & AI: This new “info finance” model uses blockchain to ensure transparency and AI to make information gathering efficient—even with minimal resources. He believes this can provide “reasonably high-quality info” at scale.
3️⃣ Incentivize Trustless Data Sharing: With low transaction fees, blockchain makes info finance affordable, while AI rewards participants for accurate predictions. The goal? Restoring public trust through a truly decentralized, trustless system.
And here’s the kicker: Vitalik’s vision arrives as Ethereum breaks $3,000 for the first time since March. As ETH enters “scarcity mode,” this new concept could amplify its real-world utility beyond financial transactions. 📈
Is “info finance” the next frontier for blockchain and AI? 👇
Read more @Cointelegraph .
#VitalikButerin #ETH🔥🔥🔥🔥 #CryptoNewss #CryptoNews🚀🔥 #Market_Update
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Cointelegraph
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Vitalik explores potential of ‘info finance’ as ETH tops $3K
Ethereum co-founder Vitalik Buterin has introduced “info finance,” a new concept aimed at transforming how information is captured, validated and shared across multiple sectors.
In his recent blog post, “From Prediction Markets to Info Finance,” Buterin explores how blockchain technology could help aggregate, organize and distribute insights more effectively.
According to Buterin, “Info finance is a discipline where you (i) start from a fact that you want to know, and then (ii) deliberately design a market to optimally elicit that information from market participants.”
Prediction markets as a data source
Buterin advocates for prediction markets as a way to collect insights about future events. He highlights platforms like Polymarket, where users bet on outcomes to generate data-driven insights.
“Predicting the election is just the first app,” he explained, emphasizing the extent to which prediction markets can provide the public with valuable insight into public expectation without media influence or sensationalism.
Buterin summarized info finance as a three-sided market:
“[…] bettors make predictions, readers read predictions. The market outputs predictions about the future as a public good (because that’s what it was designed to do).”
Prediction market fundamentals in effect. Source: Vitalik Buterin
Trustless through blockchain and AI
Buterin’s concept of info finance centers around using blockchain and artificial intelligence to foster transparent information-sharing and reward participants for accurate predictions. He believes blockchain scalability and low transaction fees could make info finance tools widely accessible.
The Ethereum co-founder sees this approach as the answer to solving the trust issues in the industry.
With the integration of AI, Buterin suggested that “even if subsidies are required, the size of the subsidy per question becomes extremely affordable. “AI changes that equation completely, and means that we could potentially get reasonably high-quality info elicited even on markets with $10 of volume,” he said.
ETH breaks $3,000
Buterin’s vision for “info finance” and prediction markets arrives in tandem with the Ether (ETH) price surging above $3,000 over the last seven days after Donald Trump won the United States presidential election.
Graph showing the increasing price of ETH over seven days. Source: CoinMarketCap
The ETH price has increased by 21.67%, breaking the overhead resistance faced of $2,800 and exceeding the $3,000 price level for the first time since March.
Venture capitalist Henrique Centieiro stated on Nov. 8 that the supply crunch and rising demand for ETH could trigger a rally for the asset as it enters “scarcity mode.”
Magazine: Real life yield farming: How tokenization is transforming lives in Africa
In his recent blog post, “From Prediction Markets to Info Finance,” Buterin explores how blockchain technology could help aggregate, organize and distribute insights more effectively.
According to Buterin, “Info finance is a discipline where you (i) start from a fact that you want to know, and then (ii) deliberately design a market to optimally elicit that information from market participants.”
Prediction markets as a data source
Buterin advocates for prediction markets as a way to collect insights about future events. He highlights platforms like Polymarket, where users bet on outcomes to generate data-driven insights.
“Predicting the election is just the first app,” he explained, emphasizing the extent to which prediction markets can provide the public with valuable insight into public expectation without media influence or sensationalism.
Buterin summarized info finance as a three-sided market:
“[…] bettors make predictions, readers read predictions. The market outputs predictions about the future as a public good (because that’s what it was designed to do).”
Prediction market fundamentals in effect. Source: Vitalik Buterin
Trustless through blockchain and AI
Buterin’s concept of info finance centers around using blockchain and artificial intelligence to foster transparent information-sharing and reward participants for accurate predictions. He believes blockchain scalability and low transaction fees could make info finance tools widely accessible.
The Ethereum co-founder sees this approach as the answer to solving the trust issues in the industry.
With the integration of AI, Buterin suggested that “even if subsidies are required, the size of the subsidy per question becomes extremely affordable. “AI changes that equation completely, and means that we could potentially get reasonably high-quality info elicited even on markets with $10 of volume,” he said.
ETH breaks $3,000
Buterin’s vision for “info finance” and prediction markets arrives in tandem with the Ether (ETH) price surging above $3,000 over the last seven days after Donald Trump won the United States presidential election.
Graph showing the increasing price of ETH over seven days. Source: CoinMarketCap
The ETH price has increased by 21.67%, breaking the overhead resistance faced of $2,800 and exceeding the $3,000 price level for the first time since March.
Venture capitalist Henrique Centieiro stated on Nov. 8 that the supply crunch and rising demand for ETH could trigger a rally for the asset as it enters “scarcity mode.”
Magazine: Real life yield farming: How tokenization is transforming lives in Africa
🐶 Shiba Inu Lead and Ethereum’s Vitalik Buterin: Is a 10-Minute Conversation Coming
Shiba Inu lead developer #ShytoshiKusama is not relenting on his quest to pitch SHIB’s potential to Ethereum co-founder #VitalikButerin as he makes a fresh request for a discussion.
Kusama has again requested a 10-minute discussion with Buterin, during which he plans to showcase SHIB’s potential to the Ethereum co-founder. His latest request comes days after he initially requested a 10-minute pitch on $SHIB
.#AltCoinRush
Shiba Inu lead developer #ShytoshiKusama is not relenting on his quest to pitch SHIB’s potential to Ethereum co-founder #VitalikButerin as he makes a fresh request for a discussion.
Kusama has again requested a 10-minute discussion with Buterin, during which he plans to showcase SHIB’s potential to the Ethereum co-founder. His latest request comes days after he initially requested a 10-minute pitch on $SHIB
.#AltCoinRush
#VitalikButerin 's post explores the concept of info finance, a system where financial markets are designed to extract valuable information using prediction markets as a key example. He argues that prediction markets, like #Polymarket provide more accurate insights into future events by aggregating diverse opinions. Beyond elections, #infofinance could improve governance, media, science and more by aligning incentives to produce reliable, real-time knowledge.
With the help of #blockchain and #AI爆发 , this approach can tackle issues like trust deficits enabling better decision-making and more efficient information-sharing across various sectors.
Info finance as a three-sided market: bettors make predictions, readers read predictions. The market outputs predictions about the future as a public good (because that's what it was designed to do).
With the help of #blockchain and #AI爆发 , this approach can tackle issues like trust deficits enabling better decision-making and more efficient information-sharing across various sectors.
Info finance as a three-sided market: bettors make predictions, readers read predictions. The market outputs predictions about the future as a public good (because that's what it was designed to do).
#COINCU
#Polymarket , a decentralized prediction market platform, is rumored to be planning a token airdrop after its success during the 2024 U.S. presidential election. The platform saw significant growth, with betting volumes reaching $3.6 billion by November 5, 2024. Polymarket has hinted that users who reinvest their winnings into new markets might be eligible for rewards and future token drops. This follows the platform's recent rise in popularity and significant fundraising efforts, including a $70 million investment round. Although no official confirmation has been made, some users have received messages suggesting upcoming airdrops for those reinvesting in the platform. Polymarket has also attracted high-profile investors like #PeterThiel and #VitalikButerin .
$POL
#Polymarket , a decentralized prediction market platform, is rumored to be planning a token airdrop after its success during the 2024 U.S. presidential election. The platform saw significant growth, with betting volumes reaching $3.6 billion by November 5, 2024. Polymarket has hinted that users who reinvest their winnings into new markets might be eligible for rewards and future token drops. This follows the platform's recent rise in popularity and significant fundraising efforts, including a $70 million investment round. Although no official confirmation has been made, some users have received messages suggesting upcoming airdrops for those reinvesting in the platform. Polymarket has also attracted high-profile investors like #PeterThiel and #VitalikButerin .
$POL
Returns If $10, $100, or $1,000 Were Invested in Shiba Inu at the Initial Price of $0.0000000013
Early investors in Shiba Inu who invested modest amounts at its initial price and held them for four years could be sitting on millions of dollars today.
Shiba Inu as One of the Most Successful Cryptocurrencies of the Decade
Shiba Inu, often known as a meme coin, experienced substantial growth during the previous bull market. It has continued to maintain its relevance, ranking among the top 15 cryptocurrencies.
The Historic Rise of Shiba Inu
Despite its origins as a meme coin and predictions of an imminent collapse from industry leaders, including Ethereum co-founder #VitalikButerin , Shiba Inu has exceeded expectations. In October 2021, it reached an all-time high of $0.00008845, though it has since dropped to its current price of $0.00001691, marking an 80% decline. However, this drop is largely attributed to broader market conditions rather than issues unique to Shiba Inu.
Significant Gains for Long-Term Holders
Many investors who held their investments at the peak may now regret it. For example, a $1 million investment at Shiba Inu’s peak price would be worth approximately $191,181 today, reflecting a loss of over $800,000. Despite such fluctuations, data shows that even small early investments in Shiba Inu have yielded substantial returns, with Shiba Inu up by 1,266,695.29% from its initial price.
How Much Would a $10, $100, or $1,000 Investment at the Original Price Be Worth Today?
If an investor had purchased Shiba Inu for $10 in August 2020 at a price of $0.000000001334 per token, they would now own 7.496 billion tokens. At today’s price of $0.00001691, this initial $10 investment would be worth approximately $126,761, yielding a return of over $126,000.
A $100 investment would have yielded 74.96 billion tokens, which at the current price would be valued at $1.267 million, offering a return of over $1.26 million.
In the case of a $1,000 investment, the investor would have gained 749.6 billion tokens, valued today at $12.67 million at the current price.
Shiba Inu as a Successful Crypto Asset
These calculations confirm Shiba Inu as one of the most successful cryptocurrencies of recent years, outperforming most assets in the top 100. This success fuels optimism for a similar future run, though it remains without guarantees.
#memecoin🚀🚀🚀 , #shiba⚡ , #ShibaInvestment , #MemeCommunity
Shiba Inu as One of the Most Successful Cryptocurrencies of the Decade
Shiba Inu, often known as a meme coin, experienced substantial growth during the previous bull market. It has continued to maintain its relevance, ranking among the top 15 cryptocurrencies.
The Historic Rise of Shiba Inu
Despite its origins as a meme coin and predictions of an imminent collapse from industry leaders, including Ethereum co-founder #VitalikButerin , Shiba Inu has exceeded expectations. In October 2021, it reached an all-time high of $0.00008845, though it has since dropped to its current price of $0.00001691, marking an 80% decline. However, this drop is largely attributed to broader market conditions rather than issues unique to Shiba Inu.
Significant Gains for Long-Term Holders
Many investors who held their investments at the peak may now regret it. For example, a $1 million investment at Shiba Inu’s peak price would be worth approximately $191,181 today, reflecting a loss of over $800,000. Despite such fluctuations, data shows that even small early investments in Shiba Inu have yielded substantial returns, with Shiba Inu up by 1,266,695.29% from its initial price.
How Much Would a $10, $100, or $1,000 Investment at the Original Price Be Worth Today?
If an investor had purchased Shiba Inu for $10 in August 2020 at a price of $0.000000001334 per token, they would now own 7.496 billion tokens. At today’s price of $0.00001691, this initial $10 investment would be worth approximately $126,761, yielding a return of over $126,000.
A $100 investment would have yielded 74.96 billion tokens, which at the current price would be valued at $1.267 million, offering a return of over $1.26 million.
In the case of a $1,000 investment, the investor would have gained 749.6 billion tokens, valued today at $12.67 million at the current price.
Shiba Inu as a Successful Crypto Asset
These calculations confirm Shiba Inu as one of the most successful cryptocurrencies of recent years, outperforming most assets in the top 100. This success fuels optimism for a similar future run, though it remains without guarantees.
#memecoin🚀🚀🚀 , #shiba⚡ , #ShibaInvestment , #MemeCommunity
💫Vitalik Buterin's vitalik.eth transferred 500 ETH ($1.1 million) to Coinbase Prime.
•Previously, Vitalik Buterin stated that sending ETH to the exchange was not for personal gain, but to donate it to a charity, non-profit organization or other projects.
#ETH #VitalikButerin $ETH
•Previously, Vitalik Buterin stated that sending ETH to the exchange was not for personal gain, but to donate it to a charity, non-profit organization or other projects.
#ETH #VitalikButerin $ETH
Ethereum Founder Proposes Recovery Fork to Confront Quantum Attacks
Ethereum founder Vitalik Buterin declared that the blockchain ecosystem is already prepared to confront potential quantum attacks through a “recovery fork.” In a recent blog post, Buterin shared insights on the possible availability of quantum computers in the near future, which poses potential risks as hackers would have access to the devices.
While such a scenario poses the risk of users losing their funds through unauthorized access and exploits, Buterin asserted that Ethereum is immune to it. He stated, “I argue that actually, we are already well-positioned to make a pretty simple recovery fork to deal with such a situation.”
Colin Wu, a Chinese crypto researcher, recently shared an X post on his Wu Blockchain page, shedding light on Buterin’s insights. He highlighted that the infrastructure for such a hard fork implementation could be begun immediately, “making the Ethereum ecosystem maximally ready in case a quantum emergency does actually come to pass.”
Vitalik: If quantum computers are available, and bad actors are able to use them to steal users’ funds. The blockchain would have to hard fork and users would have to download new wallet software, but few users would lose their funds. The infrastructure to implement a hard fork…— Wu Blockchain (@WuBlockchain) March 10, 2024
As per the post, during the blockchain’s hard fork event, the backup plan could be implemented while the users need to download a new software wallet. However, Buterin added that there is a possibility that a few users will lose their funds.
Buterin detailed the procedures involved in the proposed hard fork. When a large-scale theft is detected, users are recommended to “revert all blocks after the first block.” Then, traditional EOA-based transactions should be disabled.
The next step includes adding a new transaction type, allowing smart contract wallet transactions. Finally, new transaction types or opcodes are added to allow for STARK proofs. If the proof is successful, the account code will switch to a new verification code, permitting the users to use it as a smart contract wallet.
$ETH #ETH #TrendingTopic #VitalikButerin
While such a scenario poses the risk of users losing their funds through unauthorized access and exploits, Buterin asserted that Ethereum is immune to it. He stated, “I argue that actually, we are already well-positioned to make a pretty simple recovery fork to deal with such a situation.”
Colin Wu, a Chinese crypto researcher, recently shared an X post on his Wu Blockchain page, shedding light on Buterin’s insights. He highlighted that the infrastructure for such a hard fork implementation could be begun immediately, “making the Ethereum ecosystem maximally ready in case a quantum emergency does actually come to pass.”
Vitalik: If quantum computers are available, and bad actors are able to use them to steal users’ funds. The blockchain would have to hard fork and users would have to download new wallet software, but few users would lose their funds. The infrastructure to implement a hard fork…— Wu Blockchain (@WuBlockchain) March 10, 2024
As per the post, during the blockchain’s hard fork event, the backup plan could be implemented while the users need to download a new software wallet. However, Buterin added that there is a possibility that a few users will lose their funds.
Buterin detailed the procedures involved in the proposed hard fork. When a large-scale theft is detected, users are recommended to “revert all blocks after the first block.” Then, traditional EOA-based transactions should be disabled.
The next step includes adding a new transaction type, allowing smart contract wallet transactions. Finally, new transaction types or opcodes are added to allow for STARK proofs. If the proof is successful, the account code will switch to a new verification code, permitting the users to use it as a smart contract wallet.
$ETH #ETH #TrendingTopic #VitalikButerin
FUN FACT : Vitalik Buterin was just 19 years old when he wrote the Ethereum whitepaper.
#BTC #VitalikButerin #crypto2023 #Stablecoins #bnbgreenfield
👉🏻Follow, Like, Comment and Share❤️
#BTC #VitalikButerin #crypto2023 #Stablecoins #bnbgreenfield
👉🏻Follow, Like, Comment and Share❤️
Some advices for #cryptomarket followers:
#VitalikButerin :
Do focus on technology, not the price‼️
#CZ :
Don’t take shortcuts, build steadily‼️
#Cryptourist :
Do not trade unless you have Risk Management and Strategy‼️
#VitalikButerin :
Do focus on technology, not the price‼️
#CZ :
Don’t take shortcuts, build steadily‼️
#Cryptourist :
Do not trade unless you have Risk Management and Strategy‼️
#Ethereum co-founder #VitalikButerin highlights need to improve network for smooth Ether payments. He mentioned unpredictable transaction times and confusion about transaction speed. He urged for better user interfaces & clearer indications of how to solve transaction problems.
Ethereum Founder Vitalik Buterin Retweeted a Tweet About Terra (LUNA)! LUNA Price Reacts
Ethereum founder Vitalik Buterin retweeted a tweet shared before the Terra (LUNA) crash in 2022, arguing that LUNA enemies are generally from the Ethereum community.
So, Buterin implied that the Ethereum community was right about the token in question with the LUNA collapse.
The post in question that Buterin retweeted belonged to Ansem, a cryptocurrency influencer who is currently gaining popularity again. Ansem is one of the names that promote dogwifhat (WIF), one of the recently emerged memecoins.
In his post shared on January 10, 2022, Ansem shared a message defending LUNA. In May of the same year, the Terra ecosystem suffered a major collapse, triggering a chain of bankruptcies in the cryptocurrency world.
After Vitalik Buterin retweeted the tweet in question, there was a decrease in the price of LUNA. At the time of writing this article, LUNA is trading at $0.6553, with a decline of approximately 8% in the last 24 hours.
$LUNA #LUNA #VitalikButerin
Ethereum founder Vitalik Buterin retweeted a tweet shared before the Terra (LUNA) crash in 2022, arguing that LUNA enemies are generally from the Ethereum community.
So, Buterin implied that the Ethereum community was right about the token in question with the LUNA collapse.
The post in question that Buterin retweeted belonged to Ansem, a cryptocurrency influencer who is currently gaining popularity again. Ansem is one of the names that promote dogwifhat (WIF), one of the recently emerged memecoins.
In his post shared on January 10, 2022, Ansem shared a message defending LUNA. In May of the same year, the Terra ecosystem suffered a major collapse, triggering a chain of bankruptcies in the cryptocurrency world.
After Vitalik Buterin retweeted the tweet in question, there was a decrease in the price of LUNA. At the time of writing this article, LUNA is trading at $0.6553, with a decline of approximately 8% in the last 24 hours.
$LUNA #LUNA #VitalikButerin
Just in: #VitalikButerin emphasizes the importance of true decentralization, cautioning against systems labeled as 'Layer 2' that might, in reality, be highly centralized. An insightful perspective on securing #blockchain systems🌐
#ETH #Ethererum
#ETH #Ethererum
Massive Shiba Inu (SHIB) Burn By Ethereum Creator Vitalik Buterin Enters Crypto History Books
Conor Grogan, a Coinbase director, recently took to Twitter to provide a list of the most expensive crypto-transactions he was aware of by chain. The Ethereum network’s $4.4 billion transfer between Binance wallets on May 7, 2022, ranked first on his list. On February 22, Binance moved $1.94 billion to cold storage, putting it in second place.
In June 2018, Tron founder Justin Sun transferred $1.46 billion to the Huobi exchange. This came in fourth place. Subsequently, in April 2020, $1.1 billion in BTC was transferred from Bitfinex to replenish its exchange hot wallet. Among these notable transactions is a $65.53 million XRP transfer from Bitso to Bithumb. While all these transactions are notable, none compare to Ethereum co-creator Vitalik Buterin’s huge 410 trillion Shiba Inu burn.
@azcoinnews
Grogan claimed that if transactions to burn addresses are included, Vitalik Buterin’s $7 billion may be the most of all time. This amount exceeds the $4.4 billion ETH transfer between Binance wallets. Grogan also claims that he did not include $13 billion in BETH burned back on June 7, 2022, in his list due to a lack of clarity on the transaction.
Ethereum co-creator Vitalik Buterin burned 90% of his SHIB holdings, totaling around $7 billion, in May 2021, stating that he did not want to be a locus of power of that kind. Buterin had been given half of SHIB’s whole supply involuntarily.
Over 410 trillion tokens were sent to a dead blockchain address in a single transaction, effectively removing them from circulation. The remaining 10% was set aside for charitable purposes by Buterin.
#ShibaINU #Shiba #VitalikButerin #crypto2023 #azcoinnews
This article was republished from azcoinnews.com
In June 2018, Tron founder Justin Sun transferred $1.46 billion to the Huobi exchange. This came in fourth place. Subsequently, in April 2020, $1.1 billion in BTC was transferred from Bitfinex to replenish its exchange hot wallet. Among these notable transactions is a $65.53 million XRP transfer from Bitso to Bithumb. While all these transactions are notable, none compare to Ethereum co-creator Vitalik Buterin’s huge 410 trillion Shiba Inu burn.
@azcoinnews
Grogan claimed that if transactions to burn addresses are included, Vitalik Buterin’s $7 billion may be the most of all time. This amount exceeds the $4.4 billion ETH transfer between Binance wallets. Grogan also claims that he did not include $13 billion in BETH burned back on June 7, 2022, in his list due to a lack of clarity on the transaction.
Ethereum co-creator Vitalik Buterin burned 90% of his SHIB holdings, totaling around $7 billion, in May 2021, stating that he did not want to be a locus of power of that kind. Buterin had been given half of SHIB’s whole supply involuntarily.
Over 410 trillion tokens were sent to a dead blockchain address in a single transaction, effectively removing them from circulation. The remaining 10% was set aside for charitable purposes by Buterin.
#ShibaINU #Shiba #VitalikButerin #crypto2023 #azcoinnews
This article was republished from azcoinnews.com
The Destination of Vitalik Buterin's 100 ETH
Vitalik Buterin, a Canadian computer engineer and Ethereum co-founder, recently completed a huge ETH transaction, generating intrigue in the monies' destination.
Buterin Gives Ethereum-Focused Organization 100 ETH
Buterin sent 99.9 ETH tokens worth $300,000 to a Gnosis Safe Proxy wallet address beginning with 0x82 on July 6. Arkham Intelligence and on-chain data corroborated the transaction, which used one of Buterin's principal wallet addresses.
According to reports, the 2077 Collective, a community-driven group, may get 100 ETH. Buterin sent the money to an Ethereum blockchain advocacy group.
The 2077 Collective is a collective of creatives, academics, developers, and marketers working to increase Ethereum acceptance and ecosystem development. The company also wants to encourage Ethereum's growth in crypto and beyond.
Buterin gave a large amount to empower 2077 Collective members and perhaps build the Ethereum blockchain to assist the creative group.
When a famous player like Buterin launches a large Ethereum transfer, the market speculates about the transaction's motivations and prospective market effects.
Ethereum's price movement is displaying hints of instability, thus a founder's transaction will grab notice. Over the last month, the cryptocurrency has fallen roughly 20% from its all-time highs.
Ethereum is now $3,062, down 11.82% in the last week, according to CoinMarketCap. Investors' enthusiasm in the altcoin is seen by its 66.73% trading volume increase despite the dips.
ETH Donations by Buterin
Buterin's 100 ETH transfer is one of countless ETH transactions throughout time. Buterin said in 2023 that he has not traded Ethereum for profit since 2018.
Ethereum co-founder reported that his ETH transactions were mostly contributions to charity, non-profits, and COVID-19 causes. Buterin is recognized for his crypto altruism, supporting his arguments.
#ETH_ETFs_Approval_Predictions #ETH #VitalikButerin $ETH
Vitalik Buterin, a Canadian computer engineer and Ethereum co-founder, recently completed a huge ETH transaction, generating intrigue in the monies' destination.
Buterin Gives Ethereum-Focused Organization 100 ETH
Buterin sent 99.9 ETH tokens worth $300,000 to a Gnosis Safe Proxy wallet address beginning with 0x82 on July 6. Arkham Intelligence and on-chain data corroborated the transaction, which used one of Buterin's principal wallet addresses.
According to reports, the 2077 Collective, a community-driven group, may get 100 ETH. Buterin sent the money to an Ethereum blockchain advocacy group.
The 2077 Collective is a collective of creatives, academics, developers, and marketers working to increase Ethereum acceptance and ecosystem development. The company also wants to encourage Ethereum's growth in crypto and beyond.
Buterin gave a large amount to empower 2077 Collective members and perhaps build the Ethereum blockchain to assist the creative group.
When a famous player like Buterin launches a large Ethereum transfer, the market speculates about the transaction's motivations and prospective market effects.
Ethereum's price movement is displaying hints of instability, thus a founder's transaction will grab notice. Over the last month, the cryptocurrency has fallen roughly 20% from its all-time highs.
Ethereum is now $3,062, down 11.82% in the last week, according to CoinMarketCap. Investors' enthusiasm in the altcoin is seen by its 66.73% trading volume increase despite the dips.
ETH Donations by Buterin
Buterin's 100 ETH transfer is one of countless ETH transactions throughout time. Buterin said in 2023 that he has not traded Ethereum for profit since 2018.
Ethereum co-founder reported that his ETH transactions were mostly contributions to charity, non-profits, and COVID-19 causes. Buterin is recognized for his crypto altruism, supporting his arguments.
#ETH_ETFs_Approval_Predictions #ETH #VitalikButerin $ETH
Ethereum Founder Vitalik Buterin Retweeted a Tweet About Terra (LUNA)! 📉 LUNA Price Reacts 📉
Ethereum founder Vitalik Buterin retweeted a tweet shared before the Terra (LUNA) crash in 2022, arguing that LUNA enemies are generally from the Ethereum community. 🌐
So, Buterin implied that the Ethereum community was right about the token in question with the LUNA collapse. ✔️
The post in question that Buterin retweeted belonged to Ansem, a cryptocurrency influencer who is currently gaining popularity again. 📈 Ansem is one of the names that promote dogwifhat (WIF), one of the recently emerged memecoins. 🐕🦺
In his post shared on January 10, 2022, Ansem shared a message defending LUNA. In May of the same year, the Terra ecosystem suffered a major collapse, triggering a chain of bankruptcies in the cryptocurrency world. 🌍💥
After Vitalik Buterin retweeted the tweet in question, there was a decrease in the price of LUNA. 📉 At the time of writing this article, LUNA is trading at $0.6553, with a decline of approximately 8% in the last 24 hours. 📉🕒
#ETHETFsApproved #BinanceLaunchpool
$LUNA #LUNA #VitalikButerin 🚀
Ethereum founder Vitalik Buterin retweeted a tweet shared before the Terra (LUNA) crash in 2022, arguing that LUNA enemies are generally from the Ethereum community. 🌐
So, Buterin implied that the Ethereum community was right about the token in question with the LUNA collapse. ✔️
The post in question that Buterin retweeted belonged to Ansem, a cryptocurrency influencer who is currently gaining popularity again. 📈 Ansem is one of the names that promote dogwifhat (WIF), one of the recently emerged memecoins. 🐕🦺
In his post shared on January 10, 2022, Ansem shared a message defending LUNA. In May of the same year, the Terra ecosystem suffered a major collapse, triggering a chain of bankruptcies in the cryptocurrency world. 🌍💥
After Vitalik Buterin retweeted the tweet in question, there was a decrease in the price of LUNA. 📉 At the time of writing this article, LUNA is trading at $0.6553, with a decline of approximately 8% in the last 24 hours. 📉🕒
#ETHETFsApproved #BinanceLaunchpool
$LUNA #LUNA #VitalikButerin 🚀
BRAKING NEWS ALERT
‼️‼️‼️‼️‼️‼️‼️🚨🚨🚨🚨🚨🚨
Vitalik Buterin's latest foray into social media controversy revolves around a seemingly mundane topic: indoor air quality. It all started with a photo of Buterin wearing a face mask on a plane, next to an air quality monitor displaying elevated CO2 levels. He explained that while modern planes usually have good ventilation, those systems are often turned off when the plane is on the ground, leading to poor air quality. $ETH
Buterin's concern is not just the CO2 itself, but what it represents: a higher concentration of air that's been exhaled by others, potentially laden with various viruses. His emphasis on indoor air hygiene is not new, but this time it struck a nerve in the crypto community, which includes a significant number of anti-vaxxers and conspiracy theorists.
The backlash was swift and bizarre. Some users half-joked about selling their Ether holdings in response, while others hurled personal insults. This isn't the first time Buterin has sparked controversy. In 2022, he suggested that synthetic wombs could help reduce gender inequality, another idea that polarized opinions.
One user summed up the situation by noting the stark contrast between the intellectual rigor of crypto's creators and the often reactionary responses of its consumers. Despite the mixed reactions, Buterin continues to use his platform to discuss unconventional and sometimes provocative ideas, showing that even in the world of high-stakes finance and cutting-edge technology, the mundane can become a lightning rod for controversy.
#VitalikButerin #ETH🔥🔥🔥🔥 #ETHETFsApproved #Ethereum_ETFs_Expected_Date #Write2Earn!
‼️‼️‼️‼️‼️‼️‼️🚨🚨🚨🚨🚨🚨
Vitalik Buterin's latest foray into social media controversy revolves around a seemingly mundane topic: indoor air quality. It all started with a photo of Buterin wearing a face mask on a plane, next to an air quality monitor displaying elevated CO2 levels. He explained that while modern planes usually have good ventilation, those systems are often turned off when the plane is on the ground, leading to poor air quality. $ETH
Buterin's concern is not just the CO2 itself, but what it represents: a higher concentration of air that's been exhaled by others, potentially laden with various viruses. His emphasis on indoor air hygiene is not new, but this time it struck a nerve in the crypto community, which includes a significant number of anti-vaxxers and conspiracy theorists.
The backlash was swift and bizarre. Some users half-joked about selling their Ether holdings in response, while others hurled personal insults. This isn't the first time Buterin has sparked controversy. In 2022, he suggested that synthetic wombs could help reduce gender inequality, another idea that polarized opinions.
One user summed up the situation by noting the stark contrast between the intellectual rigor of crypto's creators and the often reactionary responses of its consumers. Despite the mixed reactions, Buterin continues to use his platform to discuss unconventional and sometimes provocative ideas, showing that even in the world of high-stakes finance and cutting-edge technology, the mundane can become a lightning rod for controversy.
#VitalikButerin #ETH🔥🔥🔥🔥 #ETHETFsApproved #Ethereum_ETFs_Expected_Date #Write2Earn!