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Vitalik Buterin on Building a Base Layer for the Global Economy Without Compromising on Decentralization

Vitalik Buterin on Building a Base Layer for the Global Economy Without Compromising on Decentralization

FromThe Defiant - DeFi Podcast


Vitalik Buterin on Building a Base Layer for the Global Economy Without Compromising on Decentralization

FromThe Defiant - DeFi Podcast

ratings:
Length:
92 minutes
Released:
Feb 14, 2022
Format:
Podcast episode

Description

Vitalik Buterin wrote the Ethereum white paper when he was just 19. His aim was simple yet comprehensive, to create a ‘world computer’ that was designed to be a flexible base layer for all online applications without the need of any third party. Since its inception in 2015, Ethereum has become the most active and largest smart contracts platform, but has it achieved the ‘world computer’ goal?
Vitalik says yes and no. In the interview, it’s clear that to him, it’s almost a given that Ethereum will achieve this goal. The bigger concern is not whether the network becomes a settlement layer and decentralized engine for smart contracts used globally, but how much value and impact applications running on top of it will bring.
Thanking our podcast sponsors:

Zerion Zerion is Mission Control for Web3: an intuitive DeFi portfolio manager, multichain tracking & trading and the best place to show off your NFT collection
Oasis is a leading, scalable, and privacy-enabled, layer-1 blockchain, ideal for DeFi. Learn More
ICHI enables crypto projects to create a sustainable economy that attracts users and keeps value locked in your community
Eden Rocket RPC, providing the fastest private transactions on Ethereum (90%+ hashrate). Trade better anywhere on Ethereum with Eden Rocket RPC.
Released:
Feb 14, 2022
Format:
Podcast episode

Titles in the series (100)

The internet of money is being built with blockchain technology and without banks. We call it DeFi, short for Decentralized Finance, and this is where you can hear the builders and users of this cutting edge world tell their stories first hand. Hosted by Camila Russo.