Vitalik Buterin on Ethereum’s ‘Roads Not Taken’



Ethereum could have been less complex, Buterin writes. Its virtual machine could have used existing code rather than a bespoke solution. Its developers could have gone with a crude version of proof-of-stake (the consensus algorithm that will eventually secure Ethereum) that existed in 2013. Ethereum could have been “more Bitcoin-like,” Buterin said, referencing that first blockchain, which aims to do one thing well – serve as a global, peer-to-peer settlements layer denominated in a secure, digital bearer-asset, BTC.


Download MAXBIT Android App, Your best source of all crypto news!

Google Play

Source link

Share this article: 

Track live crypto price of 10000+ coins!


Related:  US 'past peak inflation' after Tesla sells 90% of Bitcoin