In a blog post published Wednesday, Vitalik Buterin, co-founder of Ethereum (ETH), expressed his wishes to make nonfungible tokens, or NFTs, soulbound as with the namesake item class in popular MMORPG World of Warcraft, or WoW. In outlining his reasons, Buterin explained that if someone shows they own an NFT that is obtainable by doing X, such as attending an auction, it is not … [Read more...] about Vitalik Buterin suggests making NFTs ‘soulbound’ like World of Warcraft items
Buterin
Vitalik Buterin holds Twitter poll on which currency should succeed Ethereum
In an unexpected Twitter poll, Vitalik Buterin asked the ETH community which currency they want to dominate in 2035 if it isn’t Ethereum.“Poll for Ethereum community. You wake up in 2035, and 80% of all transactions + savings in the world are in one currency that is not ETH. Which would you prefer it to be?“Surprisingly, at one point, Cardano’s ADA was in the lead with 42% of … [Read more...] about Vitalik Buterin holds Twitter poll on which currency should succeed Ethereum
Vitalik Buterin on why cross-chain bridges will not be a part of the multi-chain future
In a much-publicized tweet this past week, Vitalik Buterin voiced his opposition to the use of cross-chain solutions by Ethereum and other blockchains, in favor of a multi-chain future.My argument for why the future will be *multi-chain*, but it will not be *cross-chain*: there are fundamental limits to the security of bridges that hop across multiple "zones of sovereignty". … [Read more...] about Vitalik Buterin on why cross-chain bridges will not be a part of the multi-chain future
GME rallies on GameStop NFT plans, Vitalik Buterin proposes new gas fee structure, Samsung integrates NFTs with smart TVs: Hodler’s Digest, Jan. 2-8
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekTop Bitcoin mining country Kazakhstan turns off internet amid protestsKazakhstan, which accounts … [Read more...] about GME rallies on GameStop NFT plans, Vitalik Buterin proposes new gas fee structure, Samsung integrates NFTs with smart TVs: Hodler’s Digest, Jan. 2-8
Vitalik Buterin gives thumbs down to cross-chain applications
In a Reddit post on Friday, Vitalik Buterin, the co-founder of Ethereum (ETH), outlined critical security concerns surrounding cross-chain bridges in the blockchain ecosystem. As told by Buterin, storing native assets directly-chain (Ethereum on Ethereum, Solana on Solana, etc.) provides a certain degree of immunity against 51% attacks. Even if hackers manage to censor or … [Read more...] about Vitalik Buterin gives thumbs down to cross-chain applications