Vitalik: ICO Era Undervalued, Community-Driven Operations Have Guiding Significance for Future Crypto
Ethereum Co-founder Vitalik Buterin on the Next 3 Years of Crypto
In a roundtable discussion titled "The Next 3 Years in Crypto" at TOKEN2049, Ethereum co-founder Vitalik Buterin highlighted Ethereum's role in shaping the future of the cryptocurrency space. He believes that Ethereum's smart contracts and decentralized applications (DApps) will be key drivers in the next three years.
Ethereum's flexibility and scalability make it an ideal platform for developing new projects and innovative solutions. By pushing decentralized finance (DeFi), non-fungible tokens (NFTs), and other blockchain technologies, Ethereum can foster a more equitable financial system, enhance transparency, and reduce the need for intermediaries.
Furthermore, Ethereum's thriving community and developers are constantly working to optimize the network, improving its sustainability and security, thus attracting more users and investors. Through education and promoting blockchain technology, Ethereum can help people better understand and utilize these tools, driving the digital transformation of society.
Buterin believes Ethereum has tremendous potential to drive technological innovation, promote economic inclusion, and improve the global financial system, contributing to a better world.
He also reflected on the underestimated value of the ICO era, where new projects often attracted communities from the US, China, Japan, and Europe. This fostered a global ecosystem, which is crucial in an era of rising physical, economic, and internet barriers. This global network, according to Buterin, is a significant value proposition offered by Ethereum.