Vitalik Buterin on crypto's future, SBF, AI fears, zk-SNARKs and more | Ep. 51

Vitalik Buterin on crypto's future, SBF, AI fears, zk-SNARKs and more | Ep. 51

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Chapters

1:41 - Vitalik’s Lessons—Good, Bad, and Ugly—Learned since the Merge
4:22 - Ethereum’s Slow Shift from the Abstract to the Practical
5:39 - Do more Features Detract from ETH’s General Purpose?
6:50 - Stack Ranking Privacy, Security, and Scalability
8:35 - On the Problem with Fees and Vitalik’s Goal for ETH Fees
10:15 - The Importance of the Values in the Crypto Ecosystem
12:30 - On FTX and SBF
15:46 - Vitalik’s Thoughts on Financialization
16:45 - The Intersection of Capitalism and Token Holder Governance
17:35 - Vitalik’s Thoughts on NFTs
25:04 - Given his stature in Crypto, does Vitalik feel pressure/act differently?
25:59 - Vitalik’s Theory on his Hat
26:25 - On Crypto tourists
31:02 - One Thing that most people don’t know about Vitalik
32:31 - Learnings and Lessons from the Ethereum Foundation
37:52 - Vitalik’s Thoughts on Elon’s & Twitter
40:54 - On Verification and Blue Checks
45:20 - What would Vitalik do if he was in charge of Twitter?
47:57 - Vitalik on AI
56:53 - On Regulation and Innovation
1:00:00 - What is the future for zk-SNARKS?

Notable Quotes
“If you listen to presentations I gave back from 2015 or 2016, I was talking about the same things I'm talking about now. For instance, the importance of proof of stake, scalability, and privacy. I recently dug up a presentation I gave in Taipei in 2017. And one of the slides said, the top three problems of Ethereum are our scalability, privacy, and wallet security. The core topics for me on a technological level, are basically the same.”
“Everything in the last one and a half years has made me appreciate the need to really focus on the values in the ecosystem and its long term fundamentals.”
“We really need to start creating things that have that balance sustainability with respect to users and our values.”
“[Ethereum must become] a technology that really needs to be ready for the world and needs to be ready to solve real world problems for people.”
“We want to see an ecosystem where if you zap any one organization out of existence, or even if you zap any one country out of existence, then the whole thing still continues. I feel like we're actually very close to that."
“It's Interesting how the number of shady characters that we can count is decreasing...There are a lot of them who just become really big, have this long two year arc, and then, at the end of the two year arc, they end up being completely disgraced."
“Instead of AI killing 30% of the jobs, which would be catastrophic and terrible, AI is killing 30% of your job, which is actually an amazing time saver...it's empowering people more than replacing people, at least so far.”
“The human to superhuman AI transition is scary. That level of transition, I would argue, has only happened three or four times in history.”
“The Ethereum clients of 10 years in the future, I expect, are going to basically be systems where you download 3.6 megabytes from the internet, run a couple of polynomial equations, and be done and verified—[they will be] very lightweight, very simple, like a few hundred lines of code.”
“I actually think that if we add privacy components, then the whole institutional, enterprise, government blockchain becomes viable…So I'm super excited about zk-SNARKS both for scalability and privacy applications.”

🎙️ Join us as we welcome Vitalik, the co-founder of Ethereum, on our podcast! In this episode, Vitalik shares his thoughts on recent news and lessons learned from the crypto industry. From discussing financialization and incentives in crypto to exploring the aftermath of the crypto craze, we delve into what the future holds.

We also address the impact of infamous crypto news on Vitalik's legitimacy and his relationship with fans. Discover his insights on building a decentralized system and his perspective on Elon Musk and Twitter's role in the crypto space.

Additionally, we touch upon the risks and management of AI, including the progress of zk-SNARK for privacy and trust. Join us for this captivating interview to gain valuable insights into the world of crypto and its exciting future. Tune in now for an enlightening journey with Vitalik! 🚀🔥


🎙️ The Aarthi and Sriram Show: Aarthi Ramamurthy and Sriram Krishnan host conversations with leading builders, and CEOs and reveal what it takes to make it to the inside.

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Did you miss our previous article...
https://cryptovideos.club/ethereum/vitalik-buterin-staking-ethereum-is-not-safeeth-insider-