Vitalik transfers 100 ETH to DEFI protocol RAILGUN
Scopescan monitoring shows that Vitalik has just transferred 100 ETH (worth $330,000) to the DEFI protocol RAILGUN.
Vitalik Buterin: ZK-SNARKs and other technologies are inefficient, and Ethereum aims to achieve real-time proofs
Vitalik Buterin, the founder of Ethereum, gave a keynote speech titled "Reaching the Limits of Protocol Design" at the 2024 Hong Kong Web3 Carnival. Vitalik Buterin stated that technologies such as ZK-SNARKs, MPC, and FHE have efficiency and security issues. Ethereum's slot block time is 12 seconds, the average block verification time is about 400 milliseconds, and the ZK-SNARK proof time is about 20 minutes. Ethereum's goal is to achieve real-time proof. Regarding the current low efficiency issue, Vitalik stated that the solution is "parallelization and aggregation trees", using SNARK algos and hash to improve efficiency, and using ASIC for ZK hardware acceleration.
Vitalik will give a speech in Hong Kong, which seems to be a temporary decision
Vitalik Buterin, co-founder of Ethereum, will make an appearance at the Web3 Summit in Hong Kong on April 9th at 10:15 am. He will deliver a keynote speech on the topic of "Reaching the Limits of Protocol Design". Later that day at 1:45 pm, he will also give a live talk at the main venue on "Building on Ethereum in the 2020s". It is reported that this speech seems to have been decided on at the last minute and was not included in earlier promotional posters. According to multiple encounters and photos, Vitalik had already arrived in Hong Kong before yesterday.
Vitalik published an article outlining the next steps regarding Ethereum protocol simplification and node resource load reduction (Purge)
On April 1st, Ethereum co-founder Vitalik Buterin published a post titled "Explanation of Purge Steps for Simplifying Ethereum Protocol and Reducing Node Resource Load." Vitalik stated that the EIP-6780 in the Dencun hard fork removed most of the functionality of the SELFDESTRUCT opcode, simplifying the protocol by eliminating complexity and adding new security guarantees. Therefore, Vitalik marked it as an important part of the purge, and discussed other purges that are currently taking place. In addition, Vitalik listed precompilation, history (EIP-4444), LOG reform, and migration to SSZ as other areas that may need to be purged. Regarding precompilation, Vitalik pointed out that the demand for some precompiled functions is much lower than expected, and these precompiled functions are a huge source of consensus errors and a huge pain point for new EVM implementations.
Vitalik: Users participate in meme coins because the value may rise and it’s fun
Ethereum co-founder Vitalik Buterin published an article today titled "What else could memecoins be?", in which he pointed out that users participate in memecoins because: (i) the value may rise; (ii) they feel democratic and open to anyone, and it is interesting; (iii) Don't just make a coin, make a game. But make a truly meaningful and fun game.
Vitalik: There are four key areas that can be improved in the current L2 protocol:
Vitalik Buterin, co-founder of Ethereum, published an article today titled "Ethereum has blobs. Where do we go from here?" In it, he pointed out that there are four key areas for improvement in L2 protocols:1. More effective use of bytes through data compression;2. Optimistic data technology, using L1 to protect L2 only in special cases;3. Continuous improvement of execution-related constraints;4. Continued improvement of security.Vitalik Buterin also added that Ethereum is basically no longer just a financial ecosystem, but a full-stack replacement for most "centralized technologies", even providing some things that centralized technologies do not have (such as governance-related applications), and now needs to consider this broader ecosystem.
Vitalik: Humanity needs to create a world where blockchain and artificial intelligence work together
Vitalik Buterin, the founder of Ethereum, stated at BiddleAsia 2024 held at Signiel Seoul in the Songpa district on March 28 that artificial intelligence is a huge market and its importance is increasing day by day. We need to create a world where blockchain and artificial intelligence work together. Artificial intelligence can now create applications with 100 to 500 lines of code. Vitalik also stated that the ability to write 10,000 lines of code can eliminate most of the bugs in the Ethereum virtual machine.
Vitalik: Ethereum ecosystem needs major mindset shift to have global impact
Vitalik Buterin called for a shift in mindset towards building L2DApps and solutions after the successful completion of the Ethereum Dencun upgrade. At the ETH Global Pragma London event on March 14th, Vitalik stated that Ethereum has been constantly changing over the past decade and emphasized the need for the Ethereum ecosystem to change its approach in order to have a significant impact on the internet and traditional financial systems. Vitalik also urged developers to adopt the "Ethereum 2.0" development approach and use contemporary tools and L2 rollups protocols to improve privacy, security, and performance.
Vitalik recommends Elon Musk use Linux open source operating system on new computer
Elon Musk complained that he could not install Microsoft's Windows operating system on his new laptop without using a Microsoft account. In response, Vitalik Buterin recommended that Musk join the desktop Linux community. It is reported that Linux, like Windows, iOS, and macOS, is an operating system. However, unlike most other operating systems, Linux is an open-source operating system. The Linux operating system was first released in September 1991 and has been popular among specific user groups for many years. Today, the popular mobile operating system Android is supported by the Linux operating system. The source code of open-source software is available for anyone to view, modify, and improve. When the source code of a computer program is available for programmers to view, they can enhance its functionality by adding new features or correcting faulty parts. Some users of the X platform praised Vitalik for promoting open-source software. However, others pointed out that Linux also has its own problems. Some people pointed out that Linux may not be Musk's best choice because he uses his PC primarily for gaming. <br>
Vitalik: Both blockchain games and encrypted social networking need to pursue entertainment, and we are optimistic about Farcaster and Lens in the long term.
Ethereum co-founder Vitalik Buterin emphasized when responding to netizens' concerns about the joint curve (Bonding Curve) of Friend.tech that he has repeatedly pointed out that bad GameFi replaces fun with financial speculation and blockchain games need to have entertainment value in themselves. Vitalik believes that this concept also applies to the encrypted social field, and predicts that Farcaster and Lens will not be abandoned in the next four months or a year, but will have lasting appeal.
