Buterin – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sun, 14 Sep 2025 13:13:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Buterin – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Ethereum founder Vitalik Buterin calls ‘AI governance’ a “bad idea” https://earlybirdsinvest.com/ethereum-founder-vitalik-buterin-calls-ai-governance-a-bad-idea/ https://earlybirdsinvest.com/ethereum-founder-vitalik-buterin-calls-ai-governance-a-bad-idea/#respond Sun, 14 Sep 2025 13:13:04 +0000 https://earlybirdsinvest.com/ethereum-founder-vitalik-buterin-calls-ai-governance-a-bad-idea/

Ethereum co-founder Vitalik Buterin claims it is a “bad idea” to use artificial intelligence (AI) for governance. In an X post on Saturday, Buterin wrote:

“If you use an AI to allocate funding for contributions, people WILL put a jailbreak plus “gimme all the money” in as many places as they can.”

Why AI governance is flawed

Buterin’s post was a response to Eito Miyamura, co-founder and CEO of EdisonWatch, an AI data governance platchorm who revealed a fatal flaw in ChatGPT. In a post on Friday, Miyamura wrote that the addition of full support for MCP (Model Context Protocol) tools on ChatGPT has made the AI agent susceptible to exploitation.

The update, which came into effect on Wednesday, allows ChatGPT to connect and read data from several apps, including Gmail, Calendar, and Notion.

Miyamura noted that with just an email address, the update has made it possible to “exfiltrate all your private information.” Miscreants can gain access to your data in three simple steps, Miyamura explained:

First, the attackers send a malicious calendar invite with a jailbreak prompt to the intended victim. A jailbreak prompt refers to code that allows an attacker to remove restrictions and gain administrative access.

Miyamura noted that the victim does not have to accept the attacker’s malicious invite for the data leak to take place.

The second step involves waiting for the intended victim to seek ChatGPT’s help to prepare for their day. Finally, once ChatGPT reads the jailbroken calendar invite, it gets compromised—the attacker can completely hijack the AI tool, make it search the victim’s private emails, and send the data to the attacker’s email.

Buterin’s alternative

Buterin suggests using the info finance approach to AI governance. The info finance approach consists of an open market where different developers can contribute their models. The market has a spot-check mechanism for such models, which can be triggered by anyone and evaluated by a human jury, Buterin wrote.

In a separate post, Buterin explained that the individual human jurors will be aided by large language models (LLMs).

According to Buterin, this type of ‘institution design’ approach is “inherently more robust.” This is because it offers model diversity in real time and creates incentives for both model developers and external speculators to police and correct for issues.

While many are excited at the prospect of having “AI as a governor,” Buterin warned:

“I think doing this is risky both for traditional AI safety reasons and for near-term “this will create a big value-destructive splat” reasons.”

Mentioned in this article
]]>
https://earlybirdsinvest.com/ethereum-founder-vitalik-buterin-calls-ai-governance-a-bad-idea/feed/ 0 58393
Vitalik Buterin Reacts to Crucial ChatGPT Security Warning https://earlybirdsinvest.com/vitalik-buterin-reacts-to-crucial-chatgpt-security-warning/ https://earlybirdsinvest.com/vitalik-buterin-reacts-to-crucial-chatgpt-security-warning/#respond Sat, 13 Sep 2025 07:32:36 +0000 https://earlybirdsinvest.com/vitalik-buterin-reacts-to-crucial-chatgpt-security-warning/
  • ChatGPT can be used for leaking your data, warning says
  • Buterin reacts to this warning

Ethereum co-creator and its frontman, Vitalik Buterin, has shared a hot take on a recent warning that OpenAI’s product, ChatGPT, can be utilized to leak personal user data.

ChatGPT can be used for leaking your data, warning says

X user @Eito_Miyamura, a software engineer and an Oxford graduate, published a post, revealing that after the new update, ChatGPT may pose a significant threat to personal user data.

Miyamura tweeted that on Wednesday, OpenAI rolled out full support for MCP (Model Context Protocol) tools in ChatGPT. This upgrade allows the AI bot to connect to a user’s Gmail box, Google Calendar, SharePoint, and other services.

However, Miyamura and his friends spotted a fundamental security issue here: “AI agents like ChatGPT follow your commands, not your common sense.” He and his team have staged an experiment that allowed them to exfiltrate all user private information from the aforementioned sources.

Miyamura shared all the steps they followed to perform this test data leak – it was done by sending a user a calendar invite with a “jailbreak prompt to the victim, just with their email.” The victim needs to accept the invite.

What happens next is the user tells ChatGPT “to help prepare for their day by looking at their calendar.” After the AI bot reads the malicious invite, it is hijacked, and from that point on it will “act on the attacker’s command.” It will “search your private emails and send the data to the attacker’s email.”

Miyamura warns that while so far ChatGPT needs a user’s approval for every step, in the future many users will likely just click “approve” on everything AI suggests. “Remember that AI might be super smart, but can be tricked and phished in incredibly dumb ways to leak your data,” the developer concludes.

You Might Also Like

Title news

Buterin reacts to this warning

In response, Vitalik Buterin slammed the “AI governance” idea in general as “naive.” He stated that if utilized by users to “allocate funding for contributions,” hackers will hijack it to syphon all the money from users.

Instead, he suggested an alternative approach called “info finance,” which is an open market where AI models can be checked for security issues: “anyone can contribute their models, which are subject to a spot-check mechanism that can be triggered by anyone and evaluated by a human jury.”

]]>
https://earlybirdsinvest.com/vitalik-buterin-reacts-to-crucial-chatgpt-security-warning/feed/ 0 58189
Ethereum's Vitalik Buterin Makes Stunning Prediction: Details https://earlybirdsinvest.com/ethereums-vitalik-buterin-makes-stunning-prediction-details/ https://earlybirdsinvest.com/ethereums-vitalik-buterin-makes-stunning-prediction-details/#respond Sun, 24 Aug 2025 03:21:05 +0000 https://earlybirdsinvest.com/ethereums-vitalik-buterin-makes-stunning-prediction-details/
  • Buterin makes important AI prediction
  • The Black Swan’s author on future of AI

Ethereum co-founder and its frontman, Vitalik Buterin, has made an important prediction about one of the ways AI bots may impact the future generation of people positively.

He also shared his take on a phenomenon that is quite popular at the moment — doomscrolling.

Buterin makes important AI prediction

Responding to a tweet published by X user @RuxandraTeslo about doomscrolling, Vitalik Buterin shared his take on this issue. He stated that he believes “there are good things to doomscroll and bad things to doomscroll.”

Right after that, he jumped onto another linked subject, which can be considered the doomscrolling of the future — using AI chatbots.

He predicted that AI can help shape “some of the smartest people of the next generation.” They may become that if they “spend their teenagehood curiously asking the bot all kinds of questions about science, the world, etc for hours a day.”

On the other hand, per Buterin, there will be lots of teenagers who will “waste their lives talking to AI all day about much less meaningful things.”

You Might Also Like

Title news

The Black Swan’s author on future of AI

Earlier today, the renowned scholar, statistician and author of such popular books as “The Black Swan” and “Skin in the Game,” Nassim Taleb, also opined on the future impact of artificial intelligence on humanity.

In particular, he spoke about one sphere so far — medicine. Taleb said that while AI can hardly replace doctors yet, it can disrupt the sphere of medical education by helping autodidacts educate themselves much more efficiently.

]]>
https://earlybirdsinvest.com/ethereums-vitalik-buterin-makes-stunning-prediction-details/feed/ 0 54819
Ehtereum's Vitalik Buterin Supports ETH Holdings, Cautions Against Risky Debt https://earlybirdsinvest.com/ehtereums-vitalik-buterin-supports-eth-holdings-cautions-against-risky-debt/ https://earlybirdsinvest.com/ehtereums-vitalik-buterin-supports-eth-holdings-cautions-against-risky-debt/#respond Sat, 09 Aug 2025 22:54:13 +0000 https://earlybirdsinvest.com/ehtereums-vitalik-buterin-supports-eth-holdings-cautions-against-risky-debt/

Vitalik Buterin, co-founder of Ethereum, has voiced his support for companies that hold Ethereum
ETH


$4,232.14

as part of their corporate treasury strategy.

In an August 7 episode of the Bankless podcast, Buterin said that businesses buying and holding ETH can help expose the token to more types of investors.

He explained, “There are definitely valuable services that are being provided there”. He noted that it gives people “more options”, depending on their financial situations.

Crypto Token VS Coin (Animated Explainer & Examples)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer videos every week!

The idea of crypto treasury companies has gained traction, especially among investors looking for exposure to digital assets like Bitcoin
BTC


$115,575.63

and Ethereum through traditional markets.

Despite his support, Buterin cautioned that problems could arise if these companies rely too much on borrowed money to purchase more ETH than their actual funds allow. He said:

If you woke me up three years from now and told me that treasuries led to the downfall of ETH, then, of course, my guess for why would basically be that somehow they turned it into an overleveraged game.

Still, Buterin seemed hopeful that this scenario would not play out. He noted that most ETH holders and treasury firms are careful and responsible. “These are not Do Kwon followers that we’re talking about”, he said.

Buterin recently shared that he supports “copyleft” licensing, which requires anyone who uses shared code to also make their own changes public. What did he say? Read the full story.


]]>
https://earlybirdsinvest.com/ehtereums-vitalik-buterin-supports-eth-holdings-cautions-against-risky-debt/feed/ 0 52401
400 TPS and “Ethereum on your phone”: Vitalik Buterin & Tomasz K. Stańczak dropped big news at ETHKyiv 2025 https://earlybirdsinvest.com/400-tps-and-ethereum-on-your-phone-vitalik-buterin-tomasz-k-stanczak-dropped-big-news-at-ethkyiv-2025/ https://earlybirdsinvest.com/400-tps-and-ethereum-on-your-phone-vitalik-buterin-tomasz-k-stanczak-dropped-big-news-at-ethkyiv-2025/#respond Sun, 03 Aug 2025 05:07:42 +0000 https://earlybirdsinvest.com/400-tps-and-ethereum-on-your-phone-vitalik-buterin-tomasz-k-stanczak-dropped-big-news-at-ethkyiv-2025/

The following is a guest post and opinion of Rostyslav Bortman, Founder of Ethereum Ukraine.

Even in wartime Kyiv, innovation doesn’t pause. At ETHKyiv 2025, more than 100 hackers proved it—shipping privacy-first dApps, competing for grants, and showing what’s possible when the world’s toughest challenges meet Web3 grit.

But the real shockwaves came from the founders themselves: Vitalik Buterin and Tomasz K. Stańczak, Executive Director at the Ethereum Foundation, who both appeared as the event’s online speakers, dropped two bombshells—400 TPS on Ethereum L1 this year, and a near future where anyone can run a full node on their smartphone.

So what’s next for the protocol? When does 400 TPS arrive, and what does “Ethereum on your phone” actually mean for developers and users? Here’s what we learned at ETHKyiv 2025.

Next-Gen UX: Nodes on a Phone

Vitalik Buterin’s keynote at ETHKyiv 2025 cut straight to Ethereum’s core roadmap. The biggest reveal:

“Pretty soon you’ll be able to spin up a node on your smartphones and even smartwatches.”

According to Buterin, instead of relying on servers with terabytes of storage, soon users will be able to run a full Ethereum node “without heavy-duty resources.” This first-of-its-kind case will be possible thanks to zero-knowledge Ethereum Virtual Machines (zkEVMs) that the Ethereum Foundation is currently implementing.

zkEVMs are making nodes drastically lighter, cutting storage through verifying transactions without revealing and importing any information about them.

On Ethereum’s L2s, zkEVMs already cut transaction costs by up to 90% and settle in their finality under three seconds. Buterin said the next step is bringing these improvements to the Ethereum mainnet, making blockchain interactions on it as fast and affordable as traditional web applications.

400 TPS with 3-Slot Finality by 2026

At ETHKyiv 2025, Tomasz K. Stańczak, Co-Executive Director of the Ethereum Foundation, spelled out exactly what’s next for Ethereum’s backbone: real performance gains on the mainnet itself.

He revealed that by the end of 2026, Ethereum will move to 3-Slot Finality (3SF), slashing average transaction confirmation time from 15 minutes down to only 36 seconds. For users, this will bring the experience of instant traditional digital payments while keeping all the benefits of decentralization.

Stańczak laid out the near-term milestones:

Ethereum L1 will hit 400 transactions per second (TPS) by the end of 2025.

Block gas limits will reach 100 million this year, with a jump to 60 million per block in a month or two (as of publication date—ed.).

For context: scaling Ethereum L1 is essential because it anchors the entire ecosystem, providing the security, settlement, and censorship resistance Layer 2s depend on. With faster mainnet throughput, users get greater assurance their transactions are finalized on a decentralized, global network—not bottlenecked by L2 operators.

As Vitalik Buterin summed up:

“The goal is to make Ethereum more private, more censorship-resistant, and at the same time, so easy that even people far from tech feel safe using it every day.”

What’s Really Fueling Ethereum’s Value and Mass Adoption?

For me and all the Ethereum followers, some big questions have always remained: what actually underpins Ethereum’s value, and what could trigger mass adoption?

When I pressed both Vitalik Buterin and Tomasz Stańczak for answers at ETHKyiv 2025, they each zeroed in on different but connected drivers.

Tomasz pointed to three non-negotiables: privacy, data protection, and transparency. According to him, these are precisely what enterprise clients and regular users now expect from any blockchain platform.

“Ethereum is a global network, and increased adoption directly boosts the value of the whole ecosystem,” he explained.

The more Ethereum is used for real-world utility—by businesses and by individuals—the more demand, and ultimately, value accrues.

Vitalik, meanwhile, framed the adoption question around financial utility. His thesis: mass adoption comes when Ethereum becomes the rails for real-world assets, particularly tokenized stocks and bonds.

“They’re the gateway to mass adoption and the bridge between traditional finance and Web3,” he said.

With heavyweights like BlackRock, Deutsche Bank, and Coinbase actively leveraging Ethereum for asset tokenization, we’re already seeing the lines blur between traditional finance’s $117 trillion market and Web3 infrastructure.

In short: Ethereum’s real value isn’t just speculative, but it’s being built right now at the intersection of security, privacy, and practical financial applications. That’s where mass adoption starts to look inevitable.

Why ETHKyiv 2025 Matters for Ukraine and Beyond

ETHKyiv 2025 indeed stood out for its access to global thought leaders. Despite all the war-related risks, developers here heard first-hand insights from Ethereum’s most influential builders.

As Stańczak himself described it:

“Enterprise, DeFi, explorations, AI, research, day-to-day problems, working with people—we have to understand the direction and give feedback. A lot of it.”

His daily routine—hours spent answering questions from developers—underscores how Ethereum’s power lies in its people, not just its protocol.

Crucially, ETHKyiv 2025 was never just another tech event on the calendar. Held against the backdrop of an ongoing war, it became living proof of something bigger: even in the darkest times, Ukraine’s tech community chooses to build, learn, and connect with the global ecosystem.

Throughout the hackathon, the wartime context was impossible to ignore, yet it wasn’t a shadow but a driving force. Performances by Moisei Bondarenko, the violinist-soldier whose music echoes through liberated Ukrainian cities, reminded everyone that innovation and humanity must go hand in hand. So did the tactical medicine session led by combat medic Artem Rudy, bringing practical skills and a sense of shared resilience to the room.

This is what set ETHKyiv 2025 apart: it was a gathering of minds and hearts, a testament to the persistence of community, curiosity, and shared values—even in wartime. The world watched not just for the tech, but for the spirit of resilience and solidarity that Ukraine’s builders brought to the stage.

Mentioned in this article
]]>
https://earlybirdsinvest.com/400-tps-and-ethereum-on-your-phone-vitalik-buterin-tomasz-k-stanczak-dropped-big-news-at-ethkyiv-2025/feed/ 0 51169
Ethereum Must Never Go Down: Vitalik Buterin https://earlybirdsinvest.com/ethereum-must-never-go-down-vitalik-buterin/ https://earlybirdsinvest.com/ethereum-must-never-go-down-vitalik-buterin/#respond Fri, 01 Aug 2025 09:58:56 +0000 https://earlybirdsinvest.com/ethereum-must-never-go-down-vitalik-buterin/

The Ethereum blockchain has celebrated its 10th anniversary with a peculiar uptime milestone. Speaking on the occasion of the anniversary, cofounder Vitalik Buterin spotlighted the core mission of the chain since its inception. This core mission has thrived thus far with the reported uptime, setting the protocol up for better adoption.

Vitalik Buterin on need for Ethereum uptime

In an interview that also featured Consensys Founder Joseph Lubin, Vitalik Buterin noted that the protocol has brought to life many of the things in its whitepaper. In addition to this, he noted that there have been a number of positive surprises, like non-fungible tokens (NFTs), along the way.

You Might Also Like

Title news

Buterin added that Ethereum is a global, secure and permissionless platform. Based on its design, he noted that the goal is to give anyone the power to build general-purpose applications.

As he detailed, to do this, the protocol needs to stay online. He stated that Ethereum cannot go down, and it must maintain its censorship resistance capabilities overall.

From the Merge to the Pectra upgrade, Ethereum has undergone up to 18 upgrades since its inception. Despite this, the protocol has not suffered any downtime, a milestone that not even top tech firms can boast of.

Ethereum as treasury asset

Besides dApp building capabilities, Ethereum has now evolved to be a major treasury reserve asset for private and publicly listed firms.

You Might Also Like

Title news

SharpLink Gaming, a firm associated with Joseph Lubin, is one of the firms leading the ETH treasury trend. As reported by U.Today, SharpLink has emerged as the new top Ethereum holder.

Tom Lee’s BitMine is also in the spotlight with a number of investments locked in to buy ETH in its treasury. These moves are poised to increase the price and market valuation of Ethereum in the long term.

As of press time, the top coin was changing hands for $3,602, down 6.8% in the past 24 hours.

]]>
https://earlybirdsinvest.com/ethereum-must-never-go-down-vitalik-buterin/feed/ 0 50845
Vitalik Buterin proposes to cap gas usage per Ethereum transaction to boost zkVM compatibility, security https://earlybirdsinvest.com/vitalik-buterin-proposes-to-cap-gas-usage-per-ethereum-transaction-to-boost-zkvm-compatibility-security/ https://earlybirdsinvest.com/vitalik-buterin-proposes-to-cap-gas-usage-per-ethereum-transaction-to-boost-zkvm-compatibility-security/#respond Sun, 06 Jul 2025 23:36:50 +0000 https://earlybirdsinvest.com/vitalik-buterin-proposes-to-cap-gas-usage-per-ethereum-transaction-to-boost-zkvm-compatibility-security/

Ethereum co-founder Vitalik Buterin and Toni Wahrstätter, a researcher at the Ethereum Foundation, have put forth a proposal that will cap the maximum gas a single transaction can use. The proposal, EIP 7983, claims:

“By implementing this limit, Ethereum can enhance its resilience against certain DoS [Denial of Service attack] vectors, improve network stability, and provide more predictability to transaction processing costs.”

The latest proposal is a modified version of EIP 7825, which was introduced in November last year but has since stagnated.

The proposal will limit gas usage for individual transactions to 16.77 million gas

The proposal aims to enforce a maximum limit of 16.77 million gas for any single transaction, nearly half of the 30 million gas limit proposed in EIP 7825. This limit, according to Buterin and Wahrstätter, will be applicable irrespective of the block gas limit set by miners or validators.

Implementation of this proposal will see transactions specifying a gas limit above 16.77 million gas get invalidated. This means that during transaction validation, transactions exceeding the gas limit will be rejected and excluded from the transaction pool. Similarly, during block validation, any block that contains a transaction that exceeds the set gas limit will become invalid.

Buterin and Wahrstätter’s chosen 16.77 million gas limit will provide a “balance between allowing complex transactions while maintaining predictable execution bounds,” as per the proposal. The authors added:

“This value enables most current use cases, including contract deployments and advanced DeFi interactions, while ensuring consistent performance characteristics.”

When implemented, the proposal will require users and decentralized applications (dApps) to split transactions with higher gas limits into smaller operations. However, Buterin and Wahrstätter expect the limit to impact a minimal number of users and dApps since most current transactions fall well below the proposed limit.

Why setting a transaction gas limit matters

Ethereum’s current architecture allows transactions to theoretically consume the entire gas limit of a block. This architecture carries several risks.

For instance, allowing a single transaction to consume most or all of the block gas limit can make it easier for miscreants to execute DoS attacks. In DoS attacks, bad actors try to overwhelm a network through a barrage of spam transactions. This causes the network to fail to provide service to genuine users.

According to the proposal, the absence of a transaction gas limit can also lead to uneven load distribution and affect network stability.

Having variable gas usage can also cause an imbalance in load distribution across transactions in a block. Furthermore, high-gas transactions also cause longer block verification times, which can impact user experience.

Benefits of setting a transaction gas limit

According to Buterin and Wahrstätter, limiting the gas usage limit of single transactions can help reduce the risk of single-transaction DoS attacks. Essentially, the limit will set a guardrail that prevents malicious actors from using the network’s bandwidth through large spam transactions.

The limit would also ensure that gas is allocated fairly across transactions in a block, the proposal stated. The cap is also expected to make the validation of blocks “more predictable and uniform.”

The most important benefit, however, would be enhanced compatibility with zero-knowledge virtual machines (zkVMs). Encouraging transactions with hefty gas limits to be broken up into smaller chunks “allows better participation in distributed proving systems,” and enables “more predictable zkVM circuit design,” the proposal stated.

Mentioned in this article
]]>
https://earlybirdsinvest.com/vitalik-buterin-proposes-to-cap-gas-usage-per-ethereum-transaction-to-boost-zkvm-compatibility-security/feed/ 0 46171
Vitalik Buterin says pluralistic ZK digital IDs are the ‘best realistic solution’ to preserve privacy https://earlybirdsinvest.com/vitalik-buterin-says-pluralistic-zk-digital-ids-are-the-best-realistic-solution-to-preserve-privacy/ https://earlybirdsinvest.com/vitalik-buterin-says-pluralistic-zk-digital-ids-are-the-best-realistic-solution-to-preserve-privacy/#respond Mon, 30 Jun 2025 07:16:53 +0000 https://earlybirdsinvest.com/vitalik-buterin-says-pluralistic-zk-digital-ids-are-the-best-realistic-solution-to-preserve-privacy/

Ethereum co-founder Vitalik Buterin believes that one-per-person digital ID systems, despite using zero-knowledge proofs (ZK proofs), carry risks to privacy. ZK proof wrapped IDs offered by World ID (formerly Worldcoin) using biometric data and ZK proofs have been gaining traction, recently crossing 10 million users.

Therefore, in his blog on Saturday, Buterin suggested ‘pluralistic identity’ as the “best realistic solution” to fully preserve privacy.

ZK proof wrapped IDs use ZK proofs to establish that a user has a valid ID without revealing any details of their ID, thus promising privacy. However, Buterin argued that ZK proof wrapped digital IDs still have loopholes that could compromise privacy.

ZK wrapped IDs solve ‘a lot of important problems’

Buterin concedes that “ZK-wrapping solves a lot of important problems.” Apart from ZKIDs, all options to authenticate a user’s identity on any application require the user to reveal their entire legal ID. According to Buterin:

“This is a gross violation of the common computer-security principle of least privilege: a process should only get the least authority and information required to accomplish its task.”

For instance, if an app requires a user to prove their age, the application should not be able to access any other data in the legal ID. Therefore, ZKIDs provide a crucial and previously unavailable avenue to preserving privacy, Buterin said.

Risks associated with ZK proof wrapped IDs

The designs of current ZK-identity platforms come with constraints—they allow users to create only one ID for each application. Firstly, the one-per-person ID limit means that ZK IDs do not guarantee pseudonymity, Buterin said. He explained:

“In the real world, pseudonymity generally requires having multiple accounts: one for your “regular identity” and others for any pseudonymous identities.”

Teenagers and many others already practice having multiple accounts, calling them fake and real Instagram accounts. Buterin wrote:

“…under one-per-person ID, even if ZK-wrapped, we risk coming closer to a world where all of your activity must de facto be under a single public identity.”

The single ID constraint for each application means that the “practical level of pseudonimity” offered by ZK wrapped IDs is lower. This is because, currently, services like Google accounts allow users to create up to five accounts.

Secondly, users can be coerced by governments or companies to reveal their identities on one or more applications, thus nullifying privacy preservation. For instance, an employer can ask a potential recruit to reveal their full ID on one or more social media platforms as a condition of employment.

Therefore, Buterin said that ZK does not “eliminate the possibility” that a person’s identity could be revealed under coercion.

Lastly, ZK proof wrapped IDs also come with non-privacy risks like errors.

In extraordinary or edge cases, all forms of IDs often fall short. For instance, biometric IDs may not work for users whose features have been damaged or warped by injury. Biometric IDs could also be potentially spoofed by replicas. Additionally, government IDs do not include stateless persons or those who have yet to acquire such documents. Therefore, Buterin wrote:

“These edge cases are most harmful in the case of systems that try to maintain a one-per-person property, and they have nothing to do with privacy; hence, ZK does not help.”

Pluralistic identities are the solution, Buterin said

Buterin defined pluralistic identity as “an identity regime where this is no single dominant issuing authority, whether that’s a person, or an institution, or a platform.” According to Buterin, pluralistic IDs can be explicit or implicit.

In explicit pluralistic identity or ‘social-graph-based identity,’ a user has to prove a certain feature, like their age, or that they’re human, through attestations from others in the community, who are also each verified through the same process. Explicit pluralistic ID systems can allow users to have one or more pseudonyms, with each pseudonym having its own online presence and history, Buterin claimed.

On the other hand, in an implicit pluralistic identity system, a user can provide any ID—government IDs or social media IDs—for verification. According to Buterin, implicit pluralistic identity systems reduce the possibility of a user being coerced to reveal their entire identity.

Furthermore, pluralistic ID systems are “naturally more error tolerant,” allowing people who are generally excluded, like those without the right documents, to prove their identities.

Buterin warned, however, that these benefits disappear and the system effectively turns into a one-per-person ID system when “any one form of ID gets close to 100% market share, and it becomes realistic to demand it as a sole login option.”

Mentioned in this article
]]>
https://earlybirdsinvest.com/vitalik-buterin-says-pluralistic-zk-digital-ids-are-the-best-realistic-solution-to-preserve-privacy/feed/ 0 44930
Ethereum to Scale Layer 1 by 10X in a Year, Says Vitalik Buterin https://earlybirdsinvest.com/ethereum-to-scale-layer-1-by-10x-in-a-year-says-vitalik-buterin/ https://earlybirdsinvest.com/ethereum-to-scale-layer-1-by-10x-in-a-year-says-vitalik-buterin/#respond Mon, 02 Jun 2025 20:06:29 +0000 https://earlybirdsinvest.com/ethereum-to-scale-layer-1-by-10x-in-a-year-says-vitalik-buterin/

Vitalik Buterin has announced that Ethereum’s Layer 1 (L1) will be scaled by 10x in the next year.

This comes amidst calls for an immediate L1 scaling amongst the community.

Buterin’s Implementation Strategy

The Ethereum co-founder confirmed the plans during a panel discussion at ETHGlobal Prague.

“My view is generally I think we should scale L1 by about 10x over the next year and a bit based on delayed execution,” he said.

When asked why he preferred a slower approach, Buterin said a year would be the best implementation timeline. While acknowledging that some people are more aggressive and want to skip the pause and commit to scaling 1,000 times right away, he emphasized that he supports a more cautious and structured strategy.

He further explained that this execution depends on upgrades like mobile log-level access lists, networking-level improvements, and distributed history storage.

Buterin noted that after this is done, it would be a good time to “take a breather” and check if decentralization is still strong. During this pause, he suggested a hard fork to fix remaining issues like account abstraction, censorship resistance, VM improvements, protocol simplification, and switching to SSL.

However, he clarified that when zero-knowledge Ethereum Virtual Machines are ready, the network can progress further and faster.

The 31-year-old has also previously supported using partially stateless nodes to help grow Ethereum. This would let the chain validate blocks without storing all historical data, which makes it easier for users to run nodes without needing large amounts of storage.

Calls for Urgent Scaling

After a weak Q1 marked by falling ETH prices and declining on-chain metrics, some key voices in the community have been advocating for immediate L1 scaling.

Top Ethereum researcher Dankrad Feist has proposed EIP-7938, a plan that would raise Ethereum’s gas limit. His goal is to boost the blockchain’s capacity by 100 times over the next four years, which would allow for more activity on the network.

He maintains that Ethereum can still keep its privacy and decentralized features under this plan. According to him, backing the proposal would show a strong commitment at a time when it is facing major challenges.

Meanwhile, Cardano founder Charles Hoskinson has said Ethereum might not survive the next decade. He compared its future to that of Myspace and Blackberry, once-popular platforms that eventually lost relevance. The developer blamed “parasitic” Layer-2s for weakening the network’s core.

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

]]>
https://earlybirdsinvest.com/ethereum-to-scale-layer-1-by-10x-in-a-year-says-vitalik-buterin/feed/ 0 39765
Vitalik Buterin Proposes Updates to Ethereum’s Scaling Strategy https://earlybirdsinvest.com/vitalik-buterin-proposes-updates-to-ethereums-scaling-strategy/ https://earlybirdsinvest.com/vitalik-buterin-proposes-updates-to-ethereums-scaling-strategy/#respond Mon, 19 May 2025 22:43:44 +0000 https://earlybirdsinvest.com/vitalik-buterin-proposes-updates-to-ethereums-scaling-strategy/

Vitalik Buterin has suggested changes to Ethereum’s scaling plan that focus on making it easier to run local nodes while still supporting Layer 1 (L1) scaling.

His proposals come in response to concerns that raising the L1 gas limit could make it more difficult for users to run full nodes.

Partially Stateless Nodes

In a post on Ethresear.ch, the Ethereum co-founder argues that maintaining the ability for users to function their own nodes can be achieved while continuing to expand the network’s scalability.

He outlined several solutions to allow for this. To support local node operation, he introduced a new type called the “partially stateless node.” This design checks blocks without needing to store all past data and keeps the full chain verified using either stateless methods or ZK-EVM.

“This type of node would give the benefits of direct local access to the state that a user needs to care about, as well as maximal full privacy of access to that state,” he said.

Users can also customize which parts of the state to save, such as data from frequently accessed accounts or applications. Buterin said that this configuration could even be managed by an on-chain contract, with the node saving only raw values and not Merkle branches.

In the short term, the Ethereum co-founder suggests the full rollout of EIP-4444, which reduces disk space needs by limiting historical data stored by nodes to about 36 days. He also calls for the creation of a distributed history storage system where nodes store fragments of older data. This would be maintained through erasure coding and would avoid reliance on centralized storage providers.

Another change involves modifying gas costs to make storage operations more expensive and execution less costly. This encourages efficient use of the network. In the medium term, Buterin pointed to stateless verification as a way to reduce node storage needs further by removing the need to store state Merkle branches.

The Limitations of Other Solutions

The article addresses a common concern that increasing the L1 gas limit could make it harder for users to operate full nodes due to growing resource demands.

The 31-year-old also explains that while validating the blockchain has traditionally been the main reason to run a full node, there is another important way they can be used. This includes operating a local RPC server for trustless, censorship-resistant, and privacy-friendly access to on-chain data.

Although technologies such as ZK-EVMs and private information retrieval (PIR) offer promising trustless alternatives, Buterin points out several limitations. These include the high cost of fully cryptographic solutions, risks to metadata privacy, and censorship threats from centralized RPC providers.

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

]]>
https://earlybirdsinvest.com/vitalik-buterin-proposes-updates-to-ethereums-scaling-strategy/feed/ 0 37179