Vitalik Buterin Quotes

When reading the white paper, the first question to ask is: What problem does it solve? In other words, is there a reason for this cryptoasset and its associated architecture to exist in a decentralized manner? There are lots of digital services in our world, so does this one have an inherent benefit to being provisioned in a distributed, secure, and egalitarian manner? We call this the decentralization edge. Put bluntly by Vitalik Buterin, “Projects really should make sure they have good answers for ‘why use a blockchain.

Según se explica en la página web, Ethereum es una plataforma que ejecuta aplicaciones descentralizadas, principalmente contratos inteligentes, «exactamente como están programados y sin posibilidad de pausa, censura, fraude ni interferencia de terceros». Ethereum se parece a bitcoin en que su ether motiva a una red de iguales para que validen las transacciones, protejan la red y creen consenso sobre lo que existe y lo que ha ocurrido. Pero se diferencia de bitcoin en que incluye algunas poderosas herramientas para ayudar a los desarrolladores y demás a crear servicios de software que van desde juegos descentralizados hasta mercados de acciones. Ethereum lo concibió en 2013 Vitalik Buterin, un canadiense de origen ruso que entonces tenía diecinueve años. Les había dicho a los desarrolladores de bitcoin que la plataforma necesitaba un lenguaje de programación más complejo que permitiera desarrollar aplicaciones. Al ver que rechazaban su propuesta, decidió crear su propia plataforma. ConsenSys fue la más rápida y se fundó para crear aplicaciones basadas en Ethereum. Dos años después la analogía es clara: Linus Torvalds es a Linus lo que Vitalik Buterin es a Ethereum.

Table Of Contents Introduction The Problem With Contracts The Smart Solution Distinctive Properties What You Need to Know What Is A Smart Contract? Blockchain and Smart Contracts Vitalik Buterin On Smart Contracts Digital and Real-World Applications How Smart Contracts Work Smart Contracts' Historical Background A definition of Smart Contracts The promise What Do All Smart Contracts Have in Common? Elements Of Smart Contracts Characteristics of Smart Contracts Capabilities of Smart Contracts Life Cycle Of A Smart Contract Why Are Smart Contracts Important? How Do Smart Contracts Work? What Does Smart Contract Code Look Like In Practice? The Structure of a Smart Contract Interaction with Traditional Text Agreements Are Smart Contracts Enforceable? Challenges With the Widespread Adoption of Smart Contracts Non-Technical Parties: How Can They Negotiate, Draft, and Adjudicate Smart Contracts? Smart Contracts and the Reliance on “Off-chain” Resources What is the "Final" Agreement Reached by the Parties? The Automated Nature of Smart Contracts Are Smart Contracts Reversible? Smart Contract Modification and Termination The Difficulties of Integrating Specified Ambiguity Into Smart Contracts Do Smart Contracts Really Guarantee Payment? Allocation of Risk for Attacks and Failures Governing Law and Location Best Practices for Smart Contracts Types Of Smart Contracts A Technical Example of a Smart Contract Smart Contract Use-Cases Smart Contracts in Action Smart Contracts and Blockchains In the Automobile Industry Smart Contracts and Blockchains in Finance Smart Contracts and Blockchains In Governments Smart Contracts And Blockchains In Business Management Smart Contracts and Blockchains in Initial Coin Offerings (ICOs) Smart Contracts and Blockchains In Rights Management (Tokens) Smart Contracts And Blockchains In NFTs - Gaming Technology Smart Contracts and Blockchains in the Legal Industry Smart contracts and Blockchains in Real Estate Smart Contracts and Blockchains in Corporate Structures - Building DAOs Smart Contracts and Blockchains in Emerging Technology Smart Contracts and Blockchains In Insurance Companies Smart Contracts and Blockchains in Finance Smart Contracts And Blockchains In Powering DEFI Smart Contracts  and Blockchains In Healthcare Smart Contracts and Blockchains In Other Industries What Smart Contracts Can Give You How Are Smart Contracts Created? Make Your Very Own Smart Contract! Are Smart Contracts Secure?

In March 2011, the community gained a new member. Vitalik Buterin was seventeen years old, and his first post on the BitcoinTalk forum said: On the subject of economics, I could write about the concept like the social taboos around money and the practical inconvenience of paying anything less than about $5 with conventional tools like credit cards or PayPal ( . . . ) and how Bitcoin offers a way to fix this.5