Vitalik: Account abstraction can protect our crypto assets, and may also protect other types of assets in the future
On November 28th, Ethereum co-founder Vitalik Buterin wrote on social media that artificial intelligence is fundamentally different from other technologies and deserves special caution. In Ethereum, we intentionally try to ensure that many parts of the stack are decentralized: ensuring that no single codebase controls more than half of the proof-of-stake network, attempting to resist the dominance of large stake pools, improving geographic dispersion, and more. Basically, Ethereum is actually trying to achieve an ancient liberal dream based on the market society. To some extent, this is effective: the dominance of the Prysm client has dropped from over 70% to below 45%. However, this is not an automatic market process: it is the result of human will and coordinated action.
Vitalik Buterin plans to redesign Ethereum staking, praises UTXO payment model
On November 27th, Ethereum co-founder Vitalik Buterin stated in a video with The Defiant during the Devconnect conference in Turkey that he plans to redesign Ethereum's staking system and completely solve all performance issues. The Unspent Transaction Output (UTXO) payment system model has been praised for its characteristics.
Buterin releases a new article: The return of Plasma
Vitalik has released his latest article proposing the use of new technology to transform Plasma.<br>In the article, V God states that since its first proposal in 2017, Plasma has undergone multiple iterations and is now facing new developments. This technology allows all data and calculations (except for deposits, withdrawals, and Merkel roots) to be kept off-chain, greatly improving scalability. However, due to the high cost of client data storage and its inability to be universally applicable to applications other than payments, Plasma has gradually been replaced by rollups technology.
Vitalik: Plasma is an underrated field of design
In a recent article published today, Vitalik Buterin, co-founder of Ethereum, stated that Plasma is an underestimated design field and will be important by 2023. He emphasized that Rollups are still the gold standard with unbeatable security properties. From a developer experience perspective, there is nothing that can match the simplicity of not having to consider ownership graphs and incentive flows.<br>However, Plasma allows us to completely avoid the problem of data availability, thereby greatly reducing transaction costs. For chains that should be validation chains, Plasma can be an important security upgrade. This year, ZK-EVM has finally matured, providing an excellent opportunity to re-explore this design field and propose more effective structures to simplify developer experience and protect user funds.
Vitalik has deposited 3,700 ETH to Bitstamp, Paxos and Coinbase since September 17
According to Spot On Chain monitoring, since September 17th, Vitalik Buterin has deposited 3700 ETH (a total of 6.12 million US dollars, with an average price of 1653 US dollars) to Bitstamp, Paxos, and Coinbase.
Earlier today, Vitalik's address sent 100 ETH to Coinbase (about 181,000 US dollars).
Previously, on October 18th, Vitalik Buterin wrote on the Warpcast platform: "If you see an article saying 'Vitalik sent XXX ETH to (exchange)', it's actually not me selling, but almost always me donating to some charity, non-profit organization, or other project; and the fund recipients are selling tokens because they need to use them to pay for expenses. Since 2018, I have never 'sold' ETH for personal gain."
Vitalik address deposits 100 ETH into Coinbase
On November 1st, according to Scopescan data monitoring, vitalik.eth just deposited 100 ETH into Coinbase, worth about $181,000.
Vitalik's Art of Tradeoffs: Which features should the Ethereum protocol encapsulate?
In September, Vitalik Buterin, the founder of Ethereum, weighed the pros and cons of "enshrinement" in his blog post titled "Should the Ethereum Protocol Encapsulate More Functionality?" This provided readers with clues about the future development direction of Ethereum.
Vitalik: It Is Crucial to Maintain the Robustness of the Base Layer While Carefully Extending Certain Aspects of Its Functionality
Vitalik Buterin, the founder of Ethereum, discussed the centralization of staking and scalability challenges in Ethereum at ETH HK Hackathon. Vitalik emphasized four scalability challenges of Layer 2, including proof system security and decentralization, sorting decentralization, cross-L2 wallets, and data availability space.
Vitalik Buterin Emphasizes Importance of Account Abstraction in Enhancing Security Against Quantum Computers
During an AMA session on the decentralized social network Warpcast, Ethereum co-founder Vitalik Buterin discussed the importance of account abstraction in protecting user accounts from quantum computers. Buterin highlighted the need for robust solutions to safeguard user accounts against the potential dangers posed by the rapid evolution of quantum computers.
Vitalik: Never sold ETH for personal gain since 2018
On October 18th, Vitalik Buterin, co-founder of Ethereum, revealed on Warpcast that he has never sold ETH for personal gain since 2018.
Vitalik said, "If you see an article saying 'Vitalik sent XXX ETH to [xx trading platform],' it's not actually me selling. Almost all of it is me donating to some charity organizations, non-profits, or other projects, and the recipients are selling because they have to sell to cover their expenses."
