Blockchains will drop search costs, causing a kind of decomposition that allows you to have markets of entities that are horizontally segregated… — Vitalik Buterin Copy Share Image
The thing that I often ask startups on top of Ethereum is, 'Can you please tell me why using the Ethereum blockchain… — Vitalik Buterin Copy Share Image
Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the… — Vitalik Buterin Copy Share Image
A smart contract is a mechanism involving digital assets and two or more parties, where some or all of the parties put… — Vitalik Buterin Copy Share Image
Some bitcoin users see the hard fork as in some ways violating their most fundamental values. I personally think these fundamental values,… — Vitalik Buterin Copy Share Image
The main advantage of blockchain technology is supposed to be that it's more secure, but new technologies are generally hard for people… — Vitalik Buterin Copy Share Image
Although the Ethereum blockchain is a public blockchain, it is great to see private and consortium blockchains using the Ethereum code base… — Vitalik Buterin Copy Share Image
Bitcoin is great as a form of digital money, but its scripting language is too weak for any kind of serious advanced… — Vitalik Buterin Copy Share Image
Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets… — Vitalik Buterin Copy Share Image
Initially, I thought that Ethereum was a thing that would be used for people to write simple financial scripts. As it turns… — Vitalik Buterin Copy Share Image
Blockchain software companies may end up being amalgamated into existing software giants, at which point blockchain patents will just become part of… — Vitalik Buterin Copy Share Image
You can write anything that you would be able to write on a server and put it onto the blockchain. Instead of… — Vitalik Buterin Copy Share Image
There is definitely a lot of banks that are interested in private blockchains. In some cases, they are happy with public blockchains… — Vitalik Buterin Copy Share Image
Initially, I thought that Ethereum was a thing that would be used for people to write simple financial scripts. As it turns out, people… — Vitalik Buterin Copy Share
The industrial revolution allowed us, for the first time, to start replacing human labour with machines. — Vitalik Buterin Copy Share
The thing that I often ask startups on top of Ethereum is, 'Can you please tell me why using the Ethereum blockchain is better… — Vitalik Buterin Copy Share
When I came up with Ethereum, my first first thought was, 'Okay, this thing is too good to be true.' As it turned out,… — Vitalik Buterin Copy Share
Scalability is this idea of coming up with a blockchain that can scale much larger than existing chains essentially by processing transactions in parallel.… — Vitalik Buterin Copy Share
In order to have a decentralised database, you need to have security. In order to have security, you need to - you need to… — Vitalik Buterin Copy Share
You could imagine something like a completely automated system for renting bikes that's just done completely over blockchain crypto-payments. And theoretically just sort of… — Vitalik Buterin Copy Share
I think people don't realise that running a piece of code that verifies some conditions for a financial transaction, that by itself is a… — Vitalik Buterin Copy Share
Many people at different levels of the Russian government are open to crypto-currencies. — Vitalik Buterin Copy Share
Blockchain software companies may end up being amalgamated into existing software giants, at which point blockchain patents will just become part of the existing… — Vitalik Buterin Copy Share
You can write anything that you would be able to write on a server and put it onto the blockchain. Instead of Javascript making… — Vitalik Buterin Copy Share
I generally support just about every secession attempt that comes along. If, in the future, there is that kind of a dispute in Ethereum,… — Vitalik Buterin Copy Share
Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver… — Vitalik Buterin Copy Share
The technical side of Ethereum's efficacy is 100% an engineering exercise. — Vitalik Buterin Copy Share
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,… — Vitalik Buterin Copy Share