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MainNewsVitalik Bute...

Vitalik Buterin Clarifies DeFi Stance, Stresses Centralization Threats


Aug, 26, 2024
< 1 min read
by CoinEdition
Vitalik Buterin Clarifies DeFi Stance, Stresses Centralization Threats
  • Vitalik Buterin supports sustainable DeFi applications upholding key principles.
  • Buterin acknowledges USDC’s practicality but prefers decentralized alternatives.
  • He believes DeFi alone cannot combat growing centralization in technology.

Ethereum co-founder Vitalik Buterin has addressed concerns within the crypto community regarding his positions on decentralized finance (DeFi). In response to a discussion initiated by a post by Milli on X, Buterin emphasized the importance of DeFi applications that are both sustainable and adhere to fundamental principles like permission-lessness and decentralization.

Buterin expressed strong support for decentralized exchanges (DEXes) and decentralized stablecoins such as RAI, which he admits to using regularly. While he acknowledged that USDC is less ideal compared to decentralized options, he noted its widespread use and practicality, particularly for international transactions and emerging markets. “We are here to try to make the global economy and society more open and free,” Buterin said.

The post Vitalik Buterin Clarifies DeFi Stance, Stresses Centralization Threats appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Can Altcoins Surge Alongside Bitcoin as It Reclaims the $87K Price Level Again?

Can Altcoins Surge Alongside Bitcoin as It Reclaims the $87K Price Level Again?

Bitcoin has once again approached the $87,500 level with a solid daily gain of 3.3% a...
Apr, 21, 2025
< 1 min read
by CoinEdition
Ethereum NFT Platform Zora Set to Launch ZORA Tokens on April 23

Ethereum NFT Platform Zora Set to Launch ZORA Tokens on April 23

Even though Ethereum is gradually losing its spark, projects that operate on it are w...
Apr, 21, 2025
2 min read
by TheNewsCrypto
MainNewsVitalik Bute...

Vitalik Buterin Clarifies DeFi Stance, Stresses Centralization Threats


Aug, 26, 2024
< 1 min read
by CoinEdition
Vitalik Buterin Clarifies DeFi Stance, Stresses Centralization Threats
  • Vitalik Buterin supports sustainable DeFi applications upholding key principles.
  • Buterin acknowledges USDC’s practicality but prefers decentralized alternatives.
  • He believes DeFi alone cannot combat growing centralization in technology.

Ethereum co-founder Vitalik Buterin has addressed concerns within the crypto community regarding his positions on decentralized finance (DeFi). In response to a discussion initiated by a post by Milli on X, Buterin emphasized the importance of DeFi applications that are both sustainable and adhere to fundamental principles like permission-lessness and decentralization.

Buterin expressed strong support for decentralized exchanges (DEXes) and decentralized stablecoins such as RAI, which he admits to using regularly. While he acknowledged that USDC is less ideal compared to decentralized options, he noted its widespread use and practicality, particularly for international transactions and emerging markets. “We are here to try to make the global economy and society more open and free,” Buterin said.

The post Vitalik Buterin Clarifies DeFi Stance, Stresses Centralization Threats appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Can Altcoins Surge Alongside Bitcoin as It Reclaims the $87K Price Level Again?

Can Altcoins Surge Alongside Bitcoin as It Reclaims the $87K Price Level Again?

Bitcoin has once again approached the $87,500 level with a solid daily gain of 3.3% a...
Apr, 21, 2025
< 1 min read
by CoinEdition
Ethereum NFT Platform Zora Set to Launch ZORA Tokens on April 23

Ethereum NFT Platform Zora Set to Launch ZORA Tokens on April 23

Even though Ethereum is gradually losing its spark, projects that operate on it are w...
Apr, 21, 2025
2 min read
by TheNewsCrypto