A recent comparison tweet between the Tron CEO and Ethereum CEO read like: “My CEO looks like an evil genius. Your CEO looks like a weirdo.” The Evil genius is a reference made to Justin Sun, and the Weirdo is a reference made to Vitalik Buterin.
Vitalik retweeted a Dan Gardner tweet that read: “Please remember: The idea that when disaster strikes people panic and social order collapses is very popular. It is also a myth. A huge research literature shows disaster makes people *more* pro-social. They cooperate. They support each other. They’re better than ever. 1/x”
However, it has been stated that the idea of pro-social tends to disappear after the disaster. The element of purpose is important, and that is to feel you belong and matter.
Vitalik recently expressed about a few things that Ethereum has in 2020, which it did not have in 2017. The list runs like Uniswap, Tornado.cash, Status, MakerDao, ZK rollups like Loopring >2k TPS capacity, PoS testnets, uncle rates < 10% with 10 m gas blocks, and Gitcoin grants.
Tornado.Cash is for non-custodial, trustless, serverless, private transactions on Ethereum Network.
The Gitcoin grants quadratic function is a great signaling tool and is not only for funds allocation.
Sydney Ifergan, the crypto Expert, tweeted: “Recently, a proposal has been made to change the Ethereum (ETH) state tree format using an overlay. Will the transition happen within a reasonable time?”
Vitalik Buterin recently stated that when Version 2.0 is fully implemented, the time taken to confirm a transaction will go down from minutes to just three to six seconds, which is about as long as it would take to swipe a credit card.
It also goes that Cardano has already got a similar thing covered with Hydra. Will it be faster or slower than Cardano will be the next in line of thought to be considered?
Yet another Ethereum (ETH) enthusiast stated, that there is no point in fighting the inevitable. He said that it is important that we continue building the alternative. He further stated that in 5 years, when each country has its Central Bank Digital Currency (CBDC), Ethereum will rise as a public, neutral financial platform for the world. He stated that with Ethereum, banking would becoming a public good.
Yet others have to state that the programmable global ledger of the record is emerging with organic development activity.
A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5
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