Key Points:
On December 31, Vitalik Buterin, founder of Ethereum, responded to Paradigm co-founder Matt Huang’s query on “what is the definition of expansion of the good vision of cryptocurrency?”. Vitalik explained the enlarged concept of the beautiful vision of bitcoin in his tweet, which included better expansion, privacy, UX, and encrypted social interaction, among other things.
In terms of safer user accounts (decentralized services), payment + SoV + DeFi delivering value to more people, encrypted social take-off, identity and SIWE (Sign-In with Ethereum) success, DAO’s new organizational paradigm is gaining traction, and so on.
Currently, Vitalik is regarded as one of the most prominent KOLs in the Crypto sector. Vitalik is still the leader of the cryptocurrency sector, thanks to his contributions mostly in code and his persistent commitment to the business. His influence can be seen in his point of view while evaluating a market topic.
The most recent occurrence was when he used a tweet to help Solana recover from a 22-month low. Ironically, Ether is Solana’s most significant adversary, despite the fact that Solana was once labeled the “Ethereum killer,” which now appears a little egotistical. After Ethereum founder Vitalik Buterin tweeted support for the blockchain most harmed by FTX’s demise, SOL’s 15% drop was mostly reversed. SOL recovered from its $8.02 low on Thursday to reclaim its trading range of $9.63, where it had spent the majority of the day. This is also the lowest point in the previous 22 months, dating back to March 2021.
On December 17, he also mentioned three major untapped crypto potentials that he intends to realize: large-scale crypto wallet usage, the development of inflation-resistant stablecoins, and the increasing adoption of Ethereum-based applications.
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