Ethereum’s [ETH] Vitalik Buterin says ICO boom would have happened regardless of the platform

Vitalik Buterin, creator of the second largest cryptocurrency and leading smart contract platform, Ethereum [ETH], spoke about the end of the ICO boom, during an Unchained Live event with Laura Shin.
Buterin had previously stated that the next bull run, unlike the earlier one, was going to be built on the application of technology, instead of hype. During the event, Laura asked Vitalik about the end of ICO mania, considering the “fact that a large part” of Ethereum’s success was because of the ICO craze.
Buterin agreed that it was “definitely true” to an extent, adding that the ICO boom would have happened regardless of the platform. He further stated that projects such as Mastercoin were built on Bitcoin, before the launch of Ethereum. He said,
“There were all these other projects that were launching and they were using Bitcoin base that second layers dp. I feel like that boom would have happened regardless of what platform it ultimately would have happened on.”
This was followed by Buterin stating that it was a “complex situation,” due to factors associated with costs and benefits. Nonetheless, he added that one of the biggest benefits was that a lot of interesting projects were getting funded. He added,
“[…] and you know there’s a lot of big Ethereum projects that had token sales. There’s a lot of projects that did not have token sales, but had tokens that launched in other ways, Maker being one example. The fact that they have money for development is, I think, just a good and useful thing.”
He also spoke about the downside of the ICO market, and remarked that it was “definitely one of the biggest costs.” He said,
“Yeah there’s a bunch of stuff that I’m like apparently an advisor for and there are my 10,000 Instagram accounts.  They’re all scams there yeah and are very unfortunate things. If there were magical ones which could have like shut them all down, that probably would have been better, but the magic ones don’t exist.”
The post Ethereum’s [ETH] Vitalik Buterin says ICO boom would have happened regardless of the platform appeared first on AMBCrypto.
Source: AMB Crypto

John McAfee on Bitcoin, BlockFi faces backlash and more

Crypto News – 21st March – John McAfee on Bitcoin, BlockFi faces backlash and more
Don’t forget to follow us for the daily video#cryptocurrency #CryptoTwitter #CryptoNews #Bitcoin #OTZ #altcoinnews #Altcoins @officialmcafee pic.twitter.com/aAEnLmr8ut
— AMBCrypto (@CryptoAmb) March 21, 2019

Daily Crypto News – 21 March
Coindcx launches lending program: Indian crypto exchange, Coindcx, announced the launch of Dcxlend, a crypto-lending program, that will support five cryptocurrencies, including Bitcoin and XRP.
Read more at https://bit.ly/2Cw1wEe
Ledger’s CEO on the cryptoverse: Eric Larchevêque, CEO of the hardware wallet manufacturer, Ledger, stated that financial institutions want to build a back office using cryptocurrency and its underlying technology.
Read more at https://bit.ly/2HJyODf
Facebook joins crypto race: The Mark Zuckerberg-led social media giant is stepping up its crypto project, and is looking for a lead counsel to head its Blockchain division.
Read more at https://bit.ly/2TplUMS
Mike Novogratz on Satoshi Nakamoto: Bitcoin advocate and billionaire is in the news again after he claimed that people should bow down to Satoshi Nakamoto, and thank him for the creation of the world’s premier cryptocurrency.
Read more at https://bit.ly/2ujAEmj
Vitalik Buterin on ICOs: Buterin, the creator of the world’s second largest cryptocurrency and smart contracts platform, Ethereum, claimed that ICO boom would have happened, regardless of the ETH platform
Read more at https://bit.ly/2FnOzwD
Cryptocurrency users surged in 2018: According to a report filed by Silvergate Bank with the United States’ SEC, despite the ongoing crypto-winter, the cryptocurrency user base shot up by 122% in 2018.
Read more at https://bit.ly/2UMWNF9
The post John McAfee on Bitcoin, BlockFi faces backlash and more appeared first on AMBCrypto.
Source: AMB Crypto

Vitalik Buterin: If the Price is Zero, Then the Network Can’t Be Secure

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Vitalik Buterin: If the Price is Zero, Then the Network Can’t Be Secure
In his recent interview, Vitalik Buterin explained why Ethreum price is important for the crypto industry and answered to many other questions.
Vitalik Buterin: If the Price is Zero, Then the Network Can’t Be Secure

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Source: CoinSpeaker

Where’s Ethereum 2.0 At? Vitalik Buterin Gives A Much-Needed Update

Somehow, some way, a group of crypto crusaders managed to convinced Vitalik Buterin to grace the world’s first Ethereum Supermeetup, hosted at Token2049, with his presence. Justin Sun, the founder of rival blockchain Tron, may have been standing in the back of his room with a smirk on his face and a man-turned-avocado, but the Ethereum founder took to the stage anyway.
What followed was twenty minutes of an unadulterated topical overview of his brainchild’s latest happenings. The crowd of 1,500-strong was more than pleased, that’s for sure.
Ethereum 2.0 Status Update
Phones in the air, the crowd hollered as the twenty-something Vitalik Buterin sauntered onto the stage of Asia’s premier crypto event. Meek but recognizable, the Russian-Canadian long-time crypto jock uttered a drawn-out “heyyy”, eliciting a mere whoop or two from the crowd of 1000 or so.
While the start of his presentation had some outright confused, everyone was enthralled with what came next.
For those who missed the memo, since Ethereum launched in mid-2015, its core developers have had lofty ambitions. Buterin and co.’s plans have changed over the years, but alternative consensus mechanisms like Proof of Stake (PoS) and scaling solutions, such as the fabled Plasma and sharding protocols, have long been floated. The developers’ goal is to integrate all these improvements in an upgrade known as 2.0 (Serenity). 
But, the blockchain’s path to activate staking over its incumbent mining solution, a move claimed to reduce Ethereum’s energy requirements, improve decentralization, and bolster transactional throughput, hasn’t been entirely clear. The hope was that by Q3 or Q4 of 2018 — yes, last year — PoS would have seen some semblance of integration on the main chain. As the cryptocurrency community now knows, this hasn’t come to fruition. In fact, the project’s timeline has seemingly been pushed by upwards of six months to a year.

On stage, however, Buterin kept his head high. He first explained that Serenity could simply be explained as “a way to bring technical improvements, like PoS and sharding, together to improve the Virtual Machine, Merkle Trees, the efficiency of the protocol, and a whole bunch of small technical things that you have never heard of.” Per the industry insider, this is all being done in a bid to create a “next-generation blockchain” to be hundreds of times faster and scalable than Ethereum’s current iteration.
As it stands, Ethereum has yet to even enter phase zero (there’s a total of three phases — zero, one, and two) of the Serenity integration, but Buterin explains that this is coming. He remarks that phase zero is near-finalization spec-wise, touching on an effectively complete section of a whitepaper that outlines 2.0. Buterin explains that phase zero-related testnets, which are centered primarily around staking, could get launched by developments firms, which he calls “implementers,” like Parity and others, in the near future.
In terms of sharding, meant to arrive in phase one and phase two, Buterin explains that developers have begun “early-stage implementations of that,” with there being some staking protocols becoming “standardized” in the testing ecosystem.
He goes on to draw attention to Ethereum 1.x, which can be described as an intermediate series of protocols between 1.0 (current state) and Serenity. 1.x, as Buterin states, is focused on providing short-term scaling solutions through the implementation of prototypes of Serenity’s improvements and by bolstering the Virtual Machine as is. This should help to bring 1.0 and 2.0 closer over time, eventually giving Ethereum’s core team an easy way to easily segue into full-on staking, sharding, and the like.
Currently, the builders behind 1.x are looking into stateless clients, which would allow nodes on Ethereum to store much less data, and at Web Assembly (WASM), which will bolster the speed of smart contract execution. And with that, he made the following conclusion about the technical state of the second most valuable cryptocurrency:
“For all the scalability issues, efficiency issues that people have, there are generally multiple efforts that are flying under the radar to improve that.”
The cryptocurrency entrepreneur then took a few minutes to touch on Ethereum’s layer two, which has been overshadowed by the monumental growth of Bitcoin’s Lightning Network as of late. From plasma to state channel frameworks, all focused on bolstering the network’s potency as a multi-purpose platform, these layer two protocols have seen prototypes recently launched and advancements made. Buterin put the state of layer two best when he stated, “The tech is finally at that stage where people can just use it.” ZK-SNARKS, a privacy and scaling advancement utilized by ZCash, was also mentioned by Buterin, who claimed that “it’s coming.”
In an interview following Buterin’s keynote, Tron’s Sun and a silent avocado explained to NewsBTC that he doesn’t expect for Ethereum to be ready for Proof of Stake, citing the “constant” conflicts between miners, developers, and other stakeholders. But, everyone in the auditorium had smiles from ear to ear. If there were quarrels about the future of the project, they sure weren’t apparent. 
Related Reading: Exclusive: Why Tron CEO Expects Bitcoin, Crypto Assets To Rally In 2020

Excited to be at #Token2049! Lots of great conversations so far. Anyone in the area stop in for free avocados! @VitalikButerin We’ve reserved our Mega Avocado for you! #TRON #TRX #BitTorrent #BTT pic.twitter.com/Mt6FmugDyq
— Justin Sun (@justinsuntron) March 13, 2019

Booming Crypto Adoption
While Sun wasn’t pleased with Ethereum’s technical advancements (or lack thereof), it would be hard for him to deny the adoption that the cryptocurrency and its respective ecosystem has seen in recent months. Buterin himself touched on this, in a seeming move to “save the best (news) for last.”
Decentralized applications (DApp), like finance-focused MakerDAO, have seen monumental adoption over recent weeks. Maker has seen its Ether pool and active user count swell by hefty percentage points over recent weeks.

But, arguably more important is the recent mainstream adoption of Ether. Buterin draws attention to Brave, a browser with its own ERC-20 token (BAT), that is looking to give publishers, advertisers, and content consumers a better way to interact on the web through blockchains, specifically Ethereum. The platform has recently seen BAT added to Coinbase, as Brave partners with Cheddar, CoinDesk, among other big-name publishers to bring cryptocurrency even closer to the mainstream.
In even bigger news, technology powerhouse Samsung has unveiled its first consumer-facing product, an Ethereum DApp browser that likely gives users of the Galaxy S10 lineup their first exposure to the cryptocurrency world.
Featured Image from Shutterstock
The post Where’s Ethereum 2.0 At? Vitalik Buterin Gives A Much-Needed Update appeared first on NewsBTC.
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Non-Fungible Tokens on Ethereum Will Create A Large Scale Social Impact: Vitalik Buterin

Vitalk Buterin, the prodigal Canadian-Russian Cryptographer and co-founder of Ethereum, has addressed a full room at the premium Asian Cryptocurrency Conference: #Token2049 in Hong Kong. He talked about the state of the platform and outlined the goals of the Ethereum Foundation.
The conference kickstarted on 13th March 2019 in Hong Kong. A special section has been allocated to Ethereum and Litecoin; the #ethasiasupermeet (Ethereum Asia Supermeet) and the Litecoin meetup, which will take place on 13th and 14th March 2019 respectively.

@VitalikButerin sharing an overview of the current state of the Ethereum ecosystem #ethasiasupermeetup #TOKEN2049 pic.twitter.com/LvDMO0hczi
— TOKEN2049 (@token2049) March 13, 2019

Ethereum Updates and Important Announcements
A positive piece of news came for developers and investors as Buterin confirmed that plasma is in the test phase. Moreover, he also confirmed ‘sharding‘ adoption and announced the future implementation of Zcash’s zk-snark protocol to improve scalability on the Ethereum Platform.
Apart from the Ethereum 2.0 Road map and goals, the other focus area of the Foundation according to Buterin is Dapps. He announced plans of “large-scale on-boarding” of Dapps on Brave and Opera browsers.
Furthermore, he also talked about an open source ‘Defi‘ (Decentralized Finance) system, to promote the decentralization of our current financial system. In all probability, it will include a feasible Decentralized, open-source exchange for cryptocurrencies and other assets.
Emphasis on Non-Fungible Tokens (NFTs)
The end focus of Buterin was, however, NFT (Non-Fungible Tokens) to create applications on a “standard protocol to create a network sharing effect”. NFTs can help entrepreneurs and small business owners to create “large scale social impacts.”
Currently, their focus is on building virtual applications like financial platforms and facilitating gaming communities. He expressed a lot of enthusiasm in favor of implementation of NFTs in the e-gaming industry.
He said that gaming “enriches the like of lot of people” and it is a “place where a lot of early adopters can be expected”
He went on to implore the developers at the conference to focus on gaming Dapps and NFTs where they have a good opportunity to “create a large scale social impact.”
The post Non-Fungible Tokens on Ethereum Will Create A Large Scale Social Impact: Vitalik Buterin appeared first on Coingape.
Source: CoinGape

‘Ethereum is Not a Security’, Said the Pied Piper of Hamelin

SEC Chairman, Jay Clayton had sent an official letter to the United States Representative, Ted Budd regarding the ‘application of federal securities to digital assets.’ The uncertainty over cryptocurrencies being classified as investment security has kept the minds at SEC occupied from a long time.
For SEC, Investor’s Security Comes First
Meanwhile, Clayton noted that the SEC has successfully curbed down on the illegal and immoral ICOs that was prevalent during 2016-2017.
The Divisions of Corporation Finance, Investment Management, and Trading and Markets had issued a statement in November 2018
The Commission has brought a number of actions involving offerings of digital asset securities. To date, these actions have principally focused on two important questions.
First, when is a digital asset a “security” for purposes of the federal securities laws? Second, if a digital asset is a security, what Commission registration requirements apply.
Jay Clayton reaffirmed in the letter that thorough analysis of a digital currency or asset will be made by the Departments at the SEC.
—regardless of the terminology used to identify the digital asset—will depend on the facts and circumstances, including the economic realities of the transaction.
Conditions To Not Being Classified As a Security
The necessary and sufficient condition for any digital asset to ‘not’ be classified as ‘security’ is its autonomy and decentralization. The hopes of the token holder must reside with the efforts of the entire community and not with a particular set of people.
Clayton mentioned that digital currency’s definition as a particular asset class could change with time. Therefore, a cryptocurrency released as ‘security’ can later be exempted from the Securities Exchange Act after it achieves autonomy.
In the letter he said,
I agree with Director Hinman’s explanation of how a digital asset transaction may no longer represent an investment contract if, for example, purchasers would no longer reasonably expect a person or group to carry out the essential managerial or entrepreneurial efforts. Under those circumstances, the digital asset may not represent an investment contract under the Howey framework.
Hence, when the conditions are applied on Ethereum, the following can be proposed:
Ethereum has achieved a high level of decentralization through a fair and open distribution of Ether (ETH) tokens. However, the hopes of the Ether (ETH) holder currently reside with the Ethereum Foundation’s successful implementation of the Serenity Update. The expectations of the token holders rest with Vitalik Buterin and the Ethereum Foundation. Therefore, Ethereum might still be classified under ‘security.’
The cryptocurrency media publications have announced that ‘Ethereum is not a security.‘ However, a clarification came from the Executive Director of CoinCenter who clarified that the headline was not appropriate. The publication has confirmed on changing their title.

Some folks interpreted the headline on my post earlier today to mean Clayton said explicitly that ether is not a security. Not what we meant and have changed headline accordingly. He agrees with Hinman’s method of applying Howey (which concluded ether today is not a security).
— Jerry Brito (@jerrybrito) March 12, 2019

The post ‘Ethereum is Not a Security’, Said the Pied Piper of Hamelin appeared first on Coingape.
Source: CoinGape

Vitalik Finds Flaws in Digital Delphi’s Ethereum Research, Says Report “Very Unlikely to be True”

Delphi Digital is an international research firm which produces unbiased, actionable content on critical themes affecting digital assets and distributed ledger technology. Kevin Kelly and Lan Liberman found Delphi Digital.
Delphi Digital has recently published a sixty-five-page report, titled ‘Entering the Ethereum.‘ The articles have made a prospective analysis of the state of the Ethereum Network post its POS update. Ethereum which recently successfully conducted the Constantinople hard fork has many updates outlined for the next two years.
The last update outlined on the road map is Serenity, which would finally implement Proof of Stake (PoS) and sharding on Ethereum. A few contradictory points from the report caught the attention of Vitalik Buterin, the co-founder of Ethereum.
Vitalik Finds Flaws in the Report, Not in Ethereum 
He raised the first point of contradiction about the concerns regarding rewards of staking on PoS. According to the report, at $100 per ETH, a stakeholder with 32 ETH would incur a loss of 26% annually. However, Vitalik claimed that the research had not accounted for the proportionality between the transaction cost and the price of Ethereum.

That seems very unlikely to be true. That implies that 1m ETH/year rewards cannot pay for a few hundred times the ethereum's current blockchain load times a ~256 overhead factor. The latter cost is comparable to the operation of the current chain…
— Vitalik Non-giver of Ether (@VitalikButerin) March 8, 2019

Vitalik also explanied the fact that “if the cost to process one shard exceeds staking rewards from 32 eth, then that means transaction fees need to go up and/or shard count needs to go down.”

Theoretically, the tx cost of a shared chain ultimately only needs to be the cost of downloading and verifying it ~1000 times, which is actually not that high. Anything that can't afford that should definitely be L2.
— Vitalik Non-giver of Ether (@VitalikButerin) March 8, 2019

Final Implications of the Report and Vitalik’s Message About Price
Nevertheless, after a complete analysis of Ethereum and its future plans, the report by Delphi Digital outlines some interesting conclusions. Firstly, it claims that Bitcoin might still be the number one cryptocurrency in terms of price as it is a better Store of Value.

“Bitcoin has stronger characteristics for being perceived as a Store of Value in the long run, however, we believe Ethereum can make some changes to better position itself as one.”

Finally, about the shift from PoW to PoS, the report concluded by saying that the risks with PoS can be mitigated and the updates can be made successful.

“There is risk in the transition from PoW to PoS, and PoS has a shorter history to evaluate. However, we believe the change could be a net benefit for Ethereum. Since we have refuted the previous arguments why ETH can not accrue value, this is a benefit for the network’s security under PoS.”

I personally am definitely uncomfortable making a “moon or bust” shot because there are plenty of possible future worlds where ETH is the #1 cryptocurrency at a price of $100 and we need to survive there too and provide the value that people expect blockchains to provide.
— Vitalik Non-giver of Ether (@VitalikButerin) March 8, 2019

As a programming prodigy himself, the Canadian-Russian cryptographer abstained from making any comments on the price of Ethereum. He only seems to be concerned about the development and brand of Ethereum in one of the most robust emerging markets; the Blockchain Industry.

The post Vitalik Finds Flaws in Digital Delphi’s Ethereum Research, Says Report “Very Unlikely to be True” appeared first on Coingape.
Source: CoinGape

Vitalik Buterin: Ethereum is a Smartphone While Bitcoin is a Calculator

CoinSpeaker

Vitalik Buterin: Ethereum is a Smartphone While Bitcoin is a Calculator

Ethereum is the world’s second largest cryptocurrency in terms of market capitalization and is loved by crypto exchanges and is listed with most crypto pairs, more than any other coin, but Bitcoin.

Vitalik Buterin: Ethereum is a Smartphone While Bitcoin is a Calculator

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Source: CoinSpeaker

Putin Puts Pressure on the Government to Speed Up Cryptocurrency Regulations

CoinSpeaker

Putin Puts Pressure on the Government to Speed Up Cryptocurrency Regulations

Expert in FinTech and long-standing crypto enthusiast, Konstantin Rabin shares what hides behind the recent developments in the Russian regulatory crypto landscape.

Putin Puts Pressure on the Government to Speed Up Cryptocurrency Regulations

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Source: CoinSpeaker

Vitalik Vs Justin: Vitalik Denied His Claim of Admiring TRON’s BitTorrent, Justin Sun Responded

So the online battle between Vitalik and Justin Sun began again. Etheruem’s co-founder ‘Vitalik Buterin fired on media’s headline that says ‘Vitalik talks about TRON’s BitTorrent’.
Vitalik Deny Claim of Admiring TRON’s BitTorrent
On Feb 25, 2019, when the most crypto enthusiasts were discussing XRP listing on Coinbase Pro, the creator of Ethereum, the second largest cryptocurrency, took twitter aggressively and clarified the alleged media claim. To note, the headline states ‘Vitalik’s positive sides for TRON’s BitTorrent and Sun’s reaction on it’.
However, according to Vitalik – the statement is not true. He says that he admired BitTorrent when it wasn’t the part of TRON, in particular, he discusses it during an interview happened in Aug 2017 henceforth his statement has nothing to do with TRON. According to Vitalik’s statement, TRON acquired Bittorrent in 2018. With an example of avocados, Vitalik aggressively said;

That interview was from Aug 2017. Tron acquired bittorrent in Jul 2018. My praise for bittorrent had nothing to do with Tron.
This is like implying that because I like avocados, I approve of everyone who has ever bought an avocado.
— Vitalik Non-giver of Ether (@VitalikButerin) February 26, 2019

Sun’s Sarcastic Response
Following the aggressive comment of Vitalik, Justin Sun sarcastically responded referring to the same example ‘avocados’. He adds;
We all love avocados. I acquired all avocado farms and reached to monopoly. Now if you still love avocados you have to listen to me. However, I am happy to give you free avocados for sure!
To make it clear, the discussion began when a Twitter user posted a video on Feb 23 on Twitter wherein Vitalik speaks about decentralized network ‘using BitTorrent as an example’. Given that the post is new and the caption made on the statement – Justin sun mockingly commented ‘why he is so obsessed’.

0:32 hahahaha why he is so obsessed with #BitTorrent? I don't understand. 🤪#TRON #TRX $TRX #BitTorrent #BTT $BTT @VitalikButerin @BitTorrent https://t.co/RxbG9fz6yJ
— Justin Sun (@justinsuntron) February 24, 2019

As for now and looking closer to the video, Vitalik admired BitTorrent without bias in 2017, given that TRON network acquired BitTorrent in 2018 respectively. So readers, what do you have to say on vitalik’s statement of elaborating the claim and Sun’s sarcastic response?
Is it the end of the battle? or is it the beginning of a new troll? share your opinion with us.
The post Vitalik Vs Justin: Vitalik Denied His Claim of Admiring TRON’s BitTorrent, Justin Sun Responded appeared first on Coingape.
Source: CoinGape

‘Ripple’s XRP is Better Than Bitcoin,’ Says Vitalik Buterin

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‘Ripple’s XRP is Better Than Bitcoin,’ Says Vitalik Buterin

Vitalik Buterin, the co-founder of the second largest cryptocurrency Ethereum, tweeted about XRP, stating that ‘it’s better sound money than Bitcoin.

‘Ripple’s XRP is Better Than Bitcoin,’ Says Vitalik Buterin

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Source: CoinSpeaker

Fake Satoshi Nakamoto Craig Wright Rats Out Ethereum Trying to Cheat CFTC

CoinSpeaker

Fake Satoshi Nakamoto Craig Wright Rats Out Ethereum Trying to Cheat CFTC

The alleged creator of the world’s first cryptocurrency, Dr Craig Wright ignites the fierce competition between Bitcoin and Ethereum blockchain making his contribution to the CFTC’s callout.

Fake Satoshi Nakamoto Craig Wright Rats Out Ethereum Trying to Cheat CFTC

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Source: CoinSpeaker

Crypto Feud: TRON Founder Takes Shots at Ethereum Creator’s Twitter Follower Count

Since late November of last year, Bitcoin and the majority of other crypto assets such as Ethereum or Litecoin have continued to plummet to new lows. However, TRON, a cryptocurrency aimed at “decentralizing the web” has experienced solid and steady growth in value.
TRON’s positive price action was due largely in part to an upcoming airdrop for the new BitTorrent Token launching on the TRON blockchain as a TRC-10 token, along with a major developer conference featuring celebrity appearances from the likes of Kobe Bryant and more. The constant marketing hype and promotion put forth by TRON founder Justin Sun and the recent buzz TRON has experienced has earned Sun more followers than Ethereum creator Vitalik Buterin – something that Sun immediately took the opportunity to rub in Buterin’s face.
Justin Sun Rises In Twitter Followers, Sets Off To Rub it in Buterin’s Face
Hype machine Justin Sun created his Twitter account in August 2017 to help promote his new cryptocurrency TRON. The outspoken founder has earned himself a reputation for making announcements of announcements, which has also seemingly earned him a large Twitter following – one that rivals that of Ethereum co-founder Vitalkin Buterin.

Now we are both 832k. We started six year after you but we always know it is never too late. @VitalikButerin #TRON #BitTorrent #TRX #BTT pic.twitter.com/OTECzheO6U
— Justin Sun (@justinsuntron) February 10, 2019

Except Buterin’s Twitter account was started back in May of 2011, and features 3 times the tweets that Sun has amassed on the social media soapbox. By that comparison, Sun is right to be proud that his Twitter antics have amounted to a larger follower count than his peers. However, Sun took the opportunity to rub it in the face of Vitalik Buterin, co-founder of Ethereum and someone who often speaks out against TRON.
Just days ago, Buterin even referred to it and EOS as “centralized piles of trash.”
Related Reading | Tron Fundamentals Continue to Strengthen With New Exchange Partnerships
Twitter followers of both were quick to denounce Sun’s public dig at Buterin, and the continued public social media feud between the two crypto industry figureheads.

You should compare dick sizes next.
— A v B (@ArminVanBitcoin) February 11, 2019

Origins of the TRON and Ethereum Crypto Twitter Feud
While Sun’s sucker punch may seem like it came out of left field and was unwarranted, he has been on the receiving end of many negative remarks made by the Ethereum creator.
No comments were more confrontational than Buterin’s response to an infographic Sun posted highlighting the ways why “TRON is better than ETH.” The tweet listed seven potential reasons, and Buterin followed up with an eighth point suggesting that TRON had plagiarized the Ethereum white paper Buterin had personally penned.

8. Better white paper writing capability (Ctrl+C + Ctrl+V much higher efficiency than keyboard typing new content)
— Vitalik Non-giver of Ether (@VitalikButerin) April 6, 2018

Since that moment the two have repeatedly exchanged blows across ‘Crypto Twitter’, with no signs of a ceasefire in sight.
Related Reading | Justin Sun’s Tron “Marketing Stunt” Draws Sharp Reply Form Vitalik Buterin
In fact, we may not have heard the last from Sun, who is claiming he has a “secret campaign especially for” Buterin he’s going to launch on Valentine’s Day. No, it’s not a box of chocolates or flowers, and Sun later revealed that TRON’s Valentine’s Day campaign is somehow tied to late Cypherpunk legend Hal Finney – who is often said to be the person behind the Satoshi Nakamoto pseudonym.
The post Crypto Feud: TRON Founder Takes Shots at Ethereum Creator’s Twitter Follower Count appeared first on NewsBTC.
Source: New feedNewsBTC.com

Game of Trolls: Justin Sun Sets Up Valentine’s Day Surprise Especially for Vitalik Buterin

CoinSpeaker

Game of Trolls: Justin Sun Sets Up Valentine’s Day Surprise Especially for Vitalik Buterin

Buterin and Sun seem to continue trolling one another. This time, amid the upcoming Saint Valentine’s Day, Tron founder is preparing some surprise for Ethereum creator.

Game of Trolls: Justin Sun Sets Up Valentine’s Day Surprise Especially for Vitalik Buterin

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Source: CoinSpeaker

Ethereum [ETH] Recaptures 2nd Position While Tron Founder Just Can’t Stop Gloating

The 2nd position is reclaimed by Ethereum as it overthrows XRP. With a market cap of $12.6 billion, Ether is trading in the green at $120. While, Tron founder, Justin sun can’t stop taking another jab at Buterin after he announced the special campaign for Buterin in Valentine’s Day.
Ethereum reclaims its 2nd Spot
After losing the 2nd spot to XRP, Ethereum has reclaimed the position. With a market cap of $12.6 billion, Ethereum is a step above XRP by about $103 million.

Source: Coinmarketcap
At the time of writing, Ethereum has been trading at $120.39 with 24-hours gains of 1.29 percent. In the BTC market as well, it is up by 1.58 percent. It is currently managing the daily trading volume of $3.25 billion.
After hitting its lowest point of the year at $83.30 in mid-December, Ethereum went up to $157.97 in early January. However, last week Ethereum has been trading around $100 only to spike along with the rest of the crypto market led by Litecoin’s 30 percent gains. Currently, Ethereum is down over 90 percent from its all-time high at around $1,440.
Source: Coinmarketcap
Ethereum community is currently waiting for its Constantinople hard fork which is scheduled for late February. Also, according to the recent research by LongHash, only about 10 percent of the Ethereum Dapps are active today i.e. 180 out of 1812 of Ethereum Dapps. Despite this, the Ethereum price has been holding on its own and stayed above $100.
Justin Sun Beats Vitalik Buterin
Meanwhile, Tron Founder, Justin Sun is not letting go of any opportunity to point out that they are actually gaining momentum over Ethereum or its co-founder Vitalik Buterin.
Sun has one-upped Buterin when it comes to Twitter followers despite being six years younger as Sun ha snow 834k followers.

This isn’t anything new as both Sun and Buterin never misses a chance to take a jab at each other as one crypto enthusiast quipped, “It’s dope to find out they talk on a daily basis….I’d love to see these two come together and collaborate….”
While another one had this to say, “I look at these companies like a Coca Cola vs Pepsi. Both will prevail ETH and TRX.”
Recently, Sun had taken another jab at Buterin over choosing  BitTorrent, now acquired by Sun, as the proven long-lasting use case of decentralized application.

Thank you @VitalikButerin for standing out! I have a secret campaign especially for you in #ValentinesDay! Don't forget to join it! #TRON #TRX $TRX #BitTorrent #BTT $BTT https://t.co/rQsVsLtBKf
— Justin Sun (@justinsuntron) February 9, 2019

Well, Vitalik didn’t go either and gave one right back.

Note for the uninitiated: yes I am making fun of twitter coin shills who are taking my tweet about VPNs and bittorrent out of context.
— Vitalik Non-giver of Ether (@VitalikButerin) February 10, 2019

The post Ethereum [ETH] Recaptures 2nd Position While Tron Founder Just Can’t Stop Gloating appeared first on Coingape.
Source: CoinGape