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Vitalik Buterin Quotes


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Quotes by Vitalik Buterin

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The industrial revolution allowed us, for the first time, to start replacing human labour with machines.

~Vitalik Buterin

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Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.

~Vitalik Buterin

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As society becomes more and more complex, cheating will in many ways become progressively easier and easier to do and harder to police or even understand.

~Vitalik Buterin

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You can write anything that you would be able to write on a server and put it onto the blockchain. Instead of Javascript making calls to the server, you would be making calls to the blockchain.

~Vitalik Buterin

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Scalability is this idea of coming up with a blockchain that can scale much larger than existing chains essentially by processing transactions in parallel. And moving away from this paradigm where every single node on the network has to process every single transaction.

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The main advantage of blockchain technology is supposed to be that it's more secure, but new technologies are generally hard for people to trust, and this paradox can't really be avoided.

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The thing that I often ask startups on top of Ethereum is, 'Can you please tell me why using the Ethereum blockchain is better than using Excel?' And if they can come up with a good answer, that's when you know you've got something really interesting.

~Vitalik Buterin

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Blockchain software companies may end up being amalgamated into existing software giants, at which point blockchain patents will just become part of the existing patent war.

~Vitalik Buterin

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I think Bitcoin really feels empowering in a sense.

~Vitalik Buterin

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When I came up with Ethereum, my first first thought was, 'Okay, this thing is too good to be true.' As it turned out, the core Ethereum idea was good - fundamentally, completely sound.

~Vitalik Buterin

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Biography

Nationality: Russian

Type: Businessman

Born: January 31st, 1994

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