Vitalik Buterin is a Russian-Canadian programmer.
Vitalik Buterin co-founded the Ethereum Foundation.
Best Vitalik Buterin Quotes
If World of Warcraft moves onto Ethereum, I’ll consider playing again. ~ Vitalik Buterin.
The technical side of Ethereum’s efficacy is 100% an engineering exercise. ~ Vitalik Buterin.
The price of not having another DAO hack is eternal vigilance. ~ Vitalik Buterin.
The industrial revolution allowed us, for the first time, to start replacing human labour with machines. ~ Vitalik Buterin.
If crypto succeeds, it’s not because it empowers better people, it’s because to empowers better institutions. ~ Vitalik Buterin.
Blockchain software companies may end up being amalgamated into existing software giants, at which point blockchain patents will just become part of the existing patent war. ~ Vitalik Buterin.
The goal of Proof of Stake is the be the most efficient way to keep a public blockchain validated, not to maximize rewards for a specific use case. ~ Vitalik Buterin.
The main advantage of blockchain technology is supposed to be that it’s more secure, but new technologies are generally hard for people to trust, and this paradox can’t really be avoided. ~ Vitalik Buterin.
For a currency to be successful, it cannot be controlled by a single entity. We are standing on the shoulders of giants, of Ethereum, Bitcoin, of others. ~ Vitalik Buterin.
I remember knowing, for a while, for a long time, that I was kind of abnormal in some sense. ~ Vitalik Buterin.
Blockchains will drop search costs, causing a kind of decomposition that allows you to have markets of entities that are horizontally segregated and vertically segregated. ~ Vitalik Buterin.
Ether is a triple point asset: It’s a store of value, a capital asset, and a consumable asset. ~ Vitalik Buterin.
It will be unbelievably difficult to establish a layer one protocol. Any protocol launched after 2015 will have to face the distribution quadrilemma ~ Vitalik Buterin.
Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly. ~ Vitalik Buterin.
Top Vitalik Buterin Quotes
Layer Two chains that are storing data off-chain are going to have a hard time generalizing. ~ Vitalik Buterin.
The question is: when you IEO, are you prepared for what comes next? Raising money isn’t enough. You need to build stuff. ~ Vitalik Buterin.
The thing that I often ask startups on top of Ethereum is, ‘Can you please tell me why using the Ethereum blockchain is better than using Excel?’ And if they can come up with a good answer, that’s when you know you’ve got something really interesting. ~ Vitalik Buterin.
There is definitely a lot of banks that are interested in private blockchains. In some cases, they are happy with public blockchains as well. The opposition to just doing things on a public blockchain is definitely smaller than some of the strongest detractors think. ~ Vitalik Buterin.
In order to have a decentralized database, you need to have security. In order to have security, you need to have incentives. ~ Vitalik Buterin.
Although the Ethereum blockchain is a public blockchain, it is great to see private and consortium blockchains using the Ethereum code base actively under development. ~ Vitalik Buterin.
Famous Vitalik Buterin Quotes
You can think of Ethereum 1.0 as a prototype. We had to release something that we knew wouldn’t be scalable to prove that you could build decentralized applications. ~ Vitalik Buterin.
Spiritually, I really love DAOs. Creating new and better ways for people to coordinate and cooperate around projects is definitely close to my heart. ~ Vitalik Buterin.
ETH 2.0 is finalized except for security audits. ~ Vitalik Buterin.
I criticize DAO’s because I love them. On-chain algorithms open to vote probing…Plutocracy gives me heartburn ~ Vitalik Buterin.
Anything that increases adoption is a good thing. Libra may not revolutionize digital assets like some may think, but it will have a positive effect on the market and has ignited a debate. ~ Vitalik Buterin.
Trust is our product. We’re okay being the tortoise in the race. ~ Vitalik Buterin.
The next killer app is not the notes, it’s the links – Uniswap, Decentralized finance, etc. Every application is a component the future ecosystem can gain from. ~ Vitalik Buterin.
New layer one platforms are at a massive disadvantage. ~ Vitalik Buterin.
We’re having a constructive, intense dialogue with regulators and policymakers…I think we will land in a good place. We have formidable aspirations. ~ Vitalik Buterin.
Initially, I thought that Ethereum was a thing that would be used for people to write simple financial scripts. As it turns out, people are writing stuff like Augur on top of it. ~ Vitalik Buterin.
Popular Vitalik Buterin Quotes
When I came up with Ethereum, my first thought was, ‘Okay, this thing is too good to be true.’ As it turned out, the core Ethereum idea was good – fundamentally, completely sound. ~ Vitalik Buterin.
I’ve long said there’s too much competition in crypto projects, while the real competition is with traditional finance. ~ Vitalik Buterin.
We’re taking data privacy very seriously. Social data and financial data will be separate. ~ Vitalik Buterin.
There’s so much going on in the crypto space that it’s hard to zoom out and see the progress. Adoption is happening. ~ Vitalik Buterin.
ICO’s removed the middleman between startups and the people. IEO’s added an extra layer of curation, diligence, and research. ~ Vitalik Buterin.
If you can build a token, if you can build a culture, then you can rebuild the world. ~ Vitalik Buterin.
Bitcoin is great as a form of digital money, but its scripting language is too weak for any kind of serious advanced applications to be built on top. ~ Vitalik Buterin.
I’m very excited about the potential that DeFi offers in principal. The idea that anyone anywhere in the world can have access and choose their financial exposure is a very powerful thing. ~ Vitalik Buterin.
So these were the 40 top quotes about Vitalik Buterin.
If you like these quotes and sayings, then you can also read my other posts on Daveed Diggs quotes and Lawrence Kohlberg quotes.