• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Smart Technology and Decentralization: Vitalik Buterin's Perspective

user avatar

by A1

16 hours ago


Recently, Vitalik Buterin and Balaji engaged in a discussion on X about the future of smart technology and the importance of decentralization for maintaining user control.

Balaji’s Vision for Internet Technology

Balaji presented his vision for an 'Artificially Smart Internet of Things,' where every object can communicate, store memories, and coordinate tasks under the owner's control via private keys.

Vitalik Buterin’s Cautious Approach

Vitalik Buterin emphasized that achieving decentralization is not automatic. He pointed out that this is not the default outcome and requires explicit efforts to achieve true decentralization.

This is not the default outcome. We have to explicitly strive for it.Vitalik Buterin

The Importance of Decentralization and User Control

The discussion underscored that decentralization should be the guiding principle. The need for integrating various technologies for future innovation was also discussed.

Everything that we are doing in crypto is only one part of a larger story.Vitalik Buterin

The conclusion of the discussion emphasizes the necessity of user control and data protection in the digital age.

0

Share

Other news

IRS Mandates Reporting for DeFi Brokers

The US IRS requires DeFi platforms to report digital asset transactions.

user avatarA1

27 minutes ago

Sportsbet.io: New Ambassadors and Their Role in Crypto Betting

Celebrities join Sportsbet.io to promote crypto betting. Read about a chef, a singer, and a tipster.

user avatarA1

27 minutes ago

Can XRP Reach $100? Reflections on the Future

Crypto community evaluates XRP's potential to reach $100 after RLUSD launch.

user avatarA1

27 minutes ago

Solana Dominates Blockchain Gaming: Potential Price Surge to $200

Solana advances in blockchain gaming with targets to reach $200 per token.

user avatarA1

28 minutes ago

Shiba Inu Announces Metaverse and TREAT Token, Expanding DeFi Innovations

Shiba Inu unveils 'SHIB: The Metaverse' and the TREAT token, highlighting its commitment to DeFi innovation.

user avatarA1

29 minutes ago

Why Meme Coins BTFD Coin, Popcat, and Snek Are Catching Attention in 2024

Meme coins BTFD Coin, Popcat, and Snek attract investors with unique offerings and community engagement.

user avatarA1

30 minutes ago

dapp expert logo
© 2020-2024. DappExpert. All rights reserved.
© 2020-2024. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.