Sunday , June 13 2021

Vitalik Buterin: Blockchain is required in cryptocurrency, everything else is time consuming

Blockchain is a viable technology for international payments and cryptoconference. Trends in the use of technology in other areas create uncertainty. Ethereum Vitalik Buterin was announced in a Quartz interview.

"All other ideas need more time, so we can understand what the meaning is for them to work on a large scale." – add Vitalik Buterin.

It does not exclude that some developers use Ethereum network only to market hyip. Some, added to Buterin, perform blockchain interaction exercises. However, sometimes the use of a separate record of technologies registered in some areas is "time unnecessary", says Ethereum's creator.

Commenting on IBM's huge giant blockchain projects, Buterin said:

"I did not understand it deeply, but I caught something. They say:" Hello, we have all IP addresses, this is our platform, and you must use it. "And as if … meaning is not in any way …"

He also asked the need for a locked chain to continue supplying product chains. Buterin has said it is not possible that the correct product information is locked before shipping. In addition, regulations for quality of producers and consumers can be changed, Buterin has been added.

"Blockchain does not guarantee, and especially in the real world" – he also said.

Despite the foregoing, Buterin said that he liked the certification system of the diploma block developed in Singapore.

Earlier, Vitaly Buterin used the word "intelligent contract" on the Ethereum network.

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