Tag: Vitalik Buterin

No One Will Give Away Cryptocurrency for Free on Twitter

The cryptocurrency ecosystem attracts all kinds of people these days. A lot of novice users are always looking for free handouts in this industry, even though they don’t actually exist. Anyone claiming to offer free currency if users get in touch with him or her is a scammer. Vitalik Buterin recently took to Twitter to confirm that this “plague” is not ending anytime soon. Cryptocurrency Handouts Don’t Exist If it was …
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Does Professionalism Matter in Cryptocurrency?

With the global crypto market exploding to a capitalization of over half a trillion USD, the space has seen a surge in new teams, projects, and ambitions for the future. Recent graduates and established PhDs alike are joining the sphere every day in the hopes of contributing to a greater goal amid the growing adoption of cryptocurrency. Despite the fact that unicorn companies (startups valued at over US$1 billion) are emerging in the …
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Vitalik Buterin Releases Revolutionary New DAICO Model for ICOs

Vitalik Buterin, the creator of the Ethereum Network, recently proposed a new method for decentralized fundraising called the “DAICO”. Incorporating elements of Decentralized Autonomous Organizations, or DAOs, the new model is designed to minimize the complexity and risk associated with ICOs. Buterin outlined the new model in a post on the Ethereum Research Forum entitled “Explanation of DAICOs”. In the exposition, the Russian-Canadian programmer outlines a new model that integrates characteristics …
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Vitalik Buterin: There Is an ICO Bubble Waiting to Pop

With the sheer amount of cryptocurrency ICOs in the ecosystem, it is obvious that many of them will not be nearly as successful as they claim. While this new way of raising money is appealing, it will not automatically turn an idea into a successful product or service. Ethereum co-founder Vitalik Buterin recently stated that the ICO market is in a major bubble. He also claimed most projects will fail in the end. …
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