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Home » Experts weigh in on the crucial role of Vitalik Buterin in shaping Ethereum’s future
Experts weigh in on the crucial role of Vitalik Buterin in shaping Ethereum’s future
Experts weigh in on the crucial role of Vitalik Buterin in shaping Ethereum’s future

Experts weigh in on the crucial role of Vitalik Buterin in shaping Ethereum’s future

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By admin on 2024-05-31 Blockchain

Vitalik Buterin, one of the co-founders of Ethereum, has been hailed as a highly influential figure in the cryptocurrency space. Joseph Lubin, another co-founder of Ethereum, described Buterin as “giantly important,” a sentiment shared by many experts.

In an interview with Cointelegraph Managing Editor Gareth Jenkinson on the Decentralize with Cointelegraph podcast, Lubin expressed his belief that even if Buterin were to disappear, the Ethereum ecosystem would continue to thrive.

Lucas Schor, the CEO of Safe Wallet, also spoke highly of Buterin’s impact on the Ethereum ecosystem. Schor mentioned that Buterin’s use of their platform provided validation and emphasized that his influence carries significant weight in the community.

Schor further discussed Buterin’s contributions to Ethereum’s technological advancements, specifically highlighting the Ethereum Improvement Proposal (EIP) 7702. This proposal introduces a new transaction type that allows externally-owned accounts (EOAs) to temporarily function as smart accounts for a single transaction. This temporary shift enables the deployment of smart contract features without permanently altering the account’s structure.

Lubin shed light on Buterin’s involvement beyond the Ethereum blockchain, mentioning his public engagement with the situation in Montenegro. Lubin also emphasized the close collaboration between the Ethereum Foundation and Consensys, a company working closely with the foundation.

In other news, Mt Gox, a major cryptocurrency exchange, has not yet sold off its Bitcoin holdings. Additionally, Hong Kong has taken steps to remove cryptocurrency exchanges from its jurisdiction.

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