Ethereum

<p>In response to criticisms regarding the growing institutionalization of the crypto sector, Vitalik Buterin, co-founder of Ethereum, reaffirms the continued presence of original ideals. In a recent exchange, he highlights significant advancements in projects with social and decentralizing aims.</p>
<h2 id="h-the-pioneering-spirit-of-crypto-endures-despite-the-sector-s-evolution">The pioneering spirit of crypto endures despite the sector’s evolution</h2>
<p>During an exchange with Joe Weisenthal, co-host of the Bloomberg Odd Lots podcast, <a href="https://www.cointribune.com/en/bitcoin-heres-how-vitalik-buterin-views-the-block-size-war/" target="_blank" rel="noopener noreferrer nofollow">Vitalik Buterin</a> reaffirmed the active presence of “idealistic hippies” and their innovative projects, despite the changes in the crypto sector.</p>
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<p>“<em>We are still here!</em>“, he <a href="https://news.bitcoin.com/fr/vitalik-buterin-repond-aux-critiques-sur-linstitutionnalisation-de-lespace-crypto-nous-sommes-toujours-la/" target="_blank" rel="noopener noreferrer nofollow">declared</a>, referencing the pioneers who saw blockchain as a powerful tool for democratization and opening up the Internet. Buterin categorically refuted the idea of abandoning the founding values of the crypto movement.</p>
<p>Although media attention has shifted towards financial and institutional aspects, the co-founder of Ethereum highlighted concrete advancements made in crucial areas.&nbsp;</p>
<p>He notably cited decentralized social networks Farcaster and Lens, progress in secure electronic voting, and new approaches to crowdfunding like quadratic funding.</p>
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<h2 id="h-social-innovations-rooted-in-blockchain-technology">Social innovations rooted in blockchain technology</h2>
<p>Buterin highlights several flagship projects embodying this persistent social vision. Quadratic funding stands out as a more equitable model of community support, while privacy-preserving payment solutions address growing concerns about data protection.</p>
<p>The concept of “retroactive funding” is also emphasized by Buterin. This innovative approach, aimed at rewarding contributors to digital public goods, could radically transform support for open-source developers and content creators.</p>
<p>Buterin’s personal commitment perfectly illustrates this fidelity to the founding ideals.&nbsp;</p>
<p>He continuously proposes innovative solutions to the technical and social challenges of Ethereum and the <a href="https://www.cointribune.com/en/crypto-vitalik-buterins-warning-against-memecoins/" target="_blank" rel="noopener noreferrer nofollow">crypto ecosystem</a>, regularly expressing himself on social networks and his blog.&nbsp;</p>
<p>His sustained involvement has even drawn criticism towards Weisenthal, accused by some of neglecting the groups behind these <a href="https://www.cointribune.com/en/5-crypto-innovations-vitalik-buterin-sees-changing-lives/" target="_blank" rel="noopener noreferrer nofollow">avant-garde projects</a>.</p>
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Vitalik Buterin Defends The Persistent Idealism Of The Crypto Industry

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