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Vitalik Buterin Discusses Crowdfunding and Ethereum’s Two Chains in Podcast




In a 40-minute podcast, Buterin and others talk about the beginning of Ethereum and its potential future.

Ethereum’s inventor and co-creator, Vitalik Buterin, joins Fred Ehrasm, co-founder of Coinbase, and Chris Dixon, General Partner at Andreessen Horowitz, for a podcast.

The entrepreneurs cover the ins and outs of Ethereum, breaking it down for the novices. During the discussion, the men point out how Ethereum and applications built on the blockchain allow developing businesses to thrive due to crowdfunding. The success of these crowdsales is helping more and more people receive funding from their peers, instead of waiting for investors.

The conversation then turned to the recent hard fork, which led to the split of the Ethereum blockchain. Buterin admits there were a few things they could have done better, such as prevent transaction replay. He also touches on how they will prepare in the future. Buterin went on to say that he was a bit surprised by the acceptance of Ethereum Classic, especially after being inactive for the first four days. However, he does see multiple benefits for having these two chains going forward.

For more on their detailed discussion, you can listen to the podcast below:

Danielle Meegan

New Hampshire native Danielle Meegan is a writer based in Los Angeles. She has been published in a couple of sports and entertainment magazines and newspapers throughout the years and has dabbled with multiple virtual currency exchanges to understand the 'ins and outs' of trading. Danielle has invested in over 15 different virtual currencies, including Ether.

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