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    Home»Ethereum»Buterin chose the most interesting elements of the Ethereum ecosystem
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    Ethereum

    Buterin chose the most interesting elements of the Ethereum ecosystem

    AdministratorBy Administrator06.12.2022No Comments2 Mins Read
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    Ethereum

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    Vitalik Buterin spoke about what he likes about the Ethereum (ETH) cryptocurrency ecosystem by publishing a lengthy article on his blog.

    Buterin listed the types of existing stablecoins and chose his favorites, which turned out to be RAI (RAI) and Liquity USD (LUSD) coins, whose exchange rate is backed by ETH reserves instead of fiat currency.

    Vitalik believes that these assets offer maximum stability and a much higher level of security than traditional centralized stablecoins, in particular Tether (USDT) and Binance USD (BUSD).

    The creator of Ethereum has identified promising areas of activity for decentralized service providers.

    In his opinion, platforms for betting on various sports and political events, synthetic digital assets (for example, linked to the value of real estate) and platforms that combine different blockchains and thus expand the possibilities of customers will enjoy high popularity.

    Vitalik spoke about the developed methods for identifying the identity of users of decentralized networks to perform various operations, including participation in airdrops and voting on various issues.

    Buterin also described the benefits of decentralization, which, in his opinion, allows you to strengthen the protection of the digital platform from cyber attacks, increase the efficiency of the ecosystem management scheme and make it interoperable.




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