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Long Dormant Ethereum Wallets Come to Life Amid Vitalik Buterin's Licensing Shift

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by Giorgi Kostiuk

4 hours ago


Recently, two old Ethereum wallets were reactivated after almost a decade of dormancy, coinciding with Vitalik Buterin's new perspective on software licensing.

Reactivation of Old Ethereum Wallets

Two Ethereum wallets, originally activated on July 30, 2015, came back to life, transferring a total of 1,140 ETH valued at nearly $2.9 million. These wallets are notable for being funded during Ethereum's genesis, marking their historical significance in the early days of the Ethereum network.

Vitalik Buterin's Stance on Licensing

In a recently published blog, Vitalik Buterin expressed support for more restrictive 'copyleft' licenses, emphasizing the need to protect open-source code amidst growing competition. He stated, 'If you create and distribute a derivative work, the new work must also be released under the same license.' His change of perspective is linked to shifts in the crypto industry and the necessity of using copyright in open ecosystems.

Future of Open Source in Crypto

Buterin's views on copyleft licensing may ignite broader discussions among Ethereum developers and the crypto community at large. His emphasis on the need for strategic licensing reflects current trends where developers balance openness and commercial interests. Long-term support for such principles may significantly impact standards within Ethereum and related sectors.

Vitalik Buterin's remarks on licensing and the recent reactivation of old Ethereum wallets highlight the importance of historical context and changing philosophies in the crypto industry, which could shape its future.

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