Express

Vitalik Buterin: ETH Has The Same Development Goal As ETH Assets

Tracy CHEN

Summary: In a podcast debate, Vitalik Buterin said ETH had always been a financial platform and it had the same development goal as ETH assets (ETH assets, as defined by Buterin, is the assets in ETH generated neither by token holders nor ETH funding). Should the platform be unsecure, ETH assets would not hold its value ...

In a podcast debate, Vitalik Buterin said ETH had always been a financial platform and it had the same development goal as ETH assets (ETH assets, as defined by Buterin, is the assets in ETH generated neither by token holders nor ETH funding). Should the platform be unsecure, ETH assets would not hold its value and when ETH assets lose its value, the platform would be vulnerable to attacks. With more people using ETH platform, its transaction fees will stimulate the price of ETH assets to rise.

Tracy Chen

Last Update:

Tags: ,
Link: Vitalik Buterin: ETH Has The Same Development Goal As ETH Assets   [Copy]
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 2 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 3 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 6 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 7 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 9 days ago
  • You need to login to comment.