A smart contract is a mechanism involving digital assets and two or more parties, where some or all of the parties put assets in, and assets are automatically redistributed among those parties according to a formula based on certain data… — 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 Image
The industrial revolution allowed us, for the first time, to start replacing human labour with machines. — 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 is better… — Vitalik Buterin Copy Share Image
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 Image
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 Image
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 Image
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 Image
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 Image
Many people at different levels of the Russian government are open to crypto-currencies. — 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 the existing… — 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 Javascript making… — Vitalik Buterin Copy Share Image
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 Image
