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 lot less work than verifying a cryptographic signature, and so even if the virtual machine is… — 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 taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers… — 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
