Ethereum

Silver

<ul class="wp-block-list news-points">
 <li>Software engineer Max Resnick argues that Ethereum’s potential extends beyond a digital currency.</li>
 <li>Vitalik Buterin engages Resnick about addressing global market inefficiencies, focusing on reducing transaction costs.</li>
 <li>Some support Resnick’s vision, and others criticize the claim that Ethereum can revolutionize finance.</li>
</ul>
Software engineer Max Resnick sparked an intriguing conversation today on X with his bold take on Ethereum’s broader potential.
Resnick <a href="https://x.com/MaxResnick1/status/1840934229770752293" target="_blank" rel="noopener noreferrer nofollow">highlighted</a> that while Ethereum is often viewed as a ledger of record for its native asset, ETH, its capabilities extend far beyond being a store of value or a form of digital money. He emphasized that Ethereum represents “the future of finance.”
His remarks resonated with the idea that Ethereum’s blockchain is not limited to being a digital silver or a decentralized version of Venmo. Instead, he emphasized Ethereum’s power to reimagine the global marketplace by improving market efficiency. The pro-Ethereum Software engineer stated:
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “I would rather work on making global markets more efficient than digital silver or permissionless Venmo,”
</blockquote>
<h2 class="wp-block-heading" id="h-vitalik-buterin-probes-further">Vitalik Buterin Probes Further</h2>
This bold vision prompte…
The post <a href="https://coinedition.com/buterin-on-ethereum-beyond-digital-silver/" rel="noopener noreferrer nofollow">Buterin on Ethereum: Beyond Digital Silver</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Buterin on Ethereum: Beyond Digital Silver

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