
The mass adoption of non-custodial wallets, inflation-resistant stablecoins, and Ethereum-enabled website accounts are “huge” opportunities yet to be realized. This was stated by Ethereum co-founder Vitalik Buterin.
Buterin responded to concerns at the end of the “wave of implementation” dapps and reducing such opportunities for developers.
The co-founder of Ethereum proposed to make additional changes to the infrastructure of non-custodial wallets so that “billions” of people far from the industry can start using them.
A revolution can also be made by those who create a globally accessible stablecoin that can withstand any type of conditions – both on the network and in the context of macroeconomics, up to and including the hyperinflation of the US dollar.
An additional driver of popularization, in Buterin’s opinion, is the possibility of reducing the influence of centralized monopolies in the Internet application market.
“If you can log in with Ethereum and displace Facebook, Google and Twitter as ‘web login overlords’, that in itself is a huge opportunity, right?”– he asked.
The expert acknowledged that the market is moving into a more mature stage, competition is intensifying, so the possibility of closing such niches is becoming less and less obvious.
In the outgoing year, Buterin singled out The Merge and the development of zk-Rollups as important events — from a “pipe dream” to plans to launch the main network in the near future. Prior to that, he called the technology a priority tool for solving the Ethereum scalability problem.
Recall that in December Buterin described five directions for the development of the ecosystem of the second largest cryptocurrency in terms of capitalization, which inspire him.
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The mass adoption of non-custodial wallets, inflation-resistant stablecoins, and Ethereum-enabled website accounts are “huge” opportunities yet to be realized. This was stated by Ethereum co-founder Vitalik Buterin.
Buterin responded to concerns at the end of the “wave of implementation” dapps and reducing such opportunities for developers.
The co-founder of Ethereum proposed to make additional changes to the infrastructure of non-custodial wallets so that “billions” of people far from the industry can start using them.
A revolution can also be made by those who create a globally accessible stablecoin that can withstand any type of conditions – both on the network and in the context of macroeconomics, up to and including the hyperinflation of the US dollar.
An additional driver of popularization, in Buterin’s opinion, is the possibility of reducing the influence of centralized monopolies in the Internet application market.
“If you can log in with Ethereum and displace Facebook, Google and Twitter as ‘web login overlords’, that in itself is a huge opportunity, right?”– he asked.
The expert acknowledged that the market is moving into a more mature stage, competition is intensifying, so the possibility of closing such niches is becoming less and less obvious.
In the outgoing year, Buterin singled out The Merge and the development of zk-Rollups as important events — from a “pipe dream” to plans to launch the main network in the near future. Prior to that, he called the technology a priority tool for solving the Ethereum scalability problem.
Recall that in December Buterin described five directions for the development of the ecosystem of the second largest cryptocurrency in terms of capitalization, which inspire him.
Read Cryplogger bitcoin news in our Telegram – Cryptocurrency news, courses and analytics.
Found a mistake in the text? Select it and press CTRL+ENTER