Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
What's Hot

The US Treasury Department’s $10 billion scam alert shows why crypto is rushing itself into the police force

2026-06-24

0x opens swap API for AI agents with USDC Pay-Per-Request model

2026-06-24

Chainlink brings Samsung, Toyota and Sony prices on-chain with APAC stock streams

2026-06-24
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Chainlink brings Samsung, Toyota and Sony prices on-chain with APAC stock streams

    2026-06-24

    Aztec reaches L2Beat Phase 2 after Governance revokes ownership of the rollup contract

    2026-06-24

    What is MEV? Maximal Extractable Value, the invisible tax on crypto

    2026-06-24

    Orix AI partners with PAYGO to enable AI-powered Web3 payments

    2026-06-23

    How the network processed $309 million in stablecoins last month

    2026-06-23
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    The US Treasury Department’s $10 billion scam alert shows why crypto is rushing itself into the police force

    2026-06-24

    Stablecoins in Britse ponden gemaximeerd op $53 miljard, terwijl de Bank of England stablecoin-regels vastlegt

    2026-06-22

    De Amerikaanse toekomst van crypto-daders zal worden bepaald door hoe toezichthouders besluiten ze te noemen

    2026-06-22

    De MiCA-deadline zal waarschijnlijk kleinere crypto-apps naar gelicentieerde bewaarrails verplaatsen

    2026-06-22

    dollar liquidity may already be too far ahead

    2026-06-22
  • Analysis

    Ethereum Foundation bezuinigt met 20% op personeel, terwijl ETH YTD met 44% daalt ondanks recordgebruik

    2026-06-24

    CZ noemde het no-KYC-model van Hyperliquid “geweldig”

    2026-06-24

    South Korea’s KOSPI crashes 10% as regulator admits ETF error

    2026-06-23

    Trumps quantum computing-push zet 449 miljard dollar aan ‘blootgestelde Bitcoin’ weer in de schijnwerpers

    2026-06-23

    Solana subsidizes large traders before the markets in the chain prove that the activity can continue to exist

    2026-06-23
  • Learn

    Most Profitable Crypto to Mine in 2026: Best Altcoins for Mining

    2026-06-23

    Bitcoin Alternatives: Our Top Altcoin Picks for You in 2026

    2026-06-23

    What Is a Bull Flag Pattern in Crypto and How to Use It

    2026-06-20

    What Is OTC Trading? Over-the-Counter Trading Explained

    2026-06-20

    The Top 10 Bitcoin Wallets in 2026

    2026-06-20
  • Blog
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»Ethereum -founder Vitalik Buterin provides harsh criticism of surprise Altcoin
Blockchain

Ethereum -founder Vitalik Buterin provides harsh criticism of surprise Altcoin

2025-06-30No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum co-founder Vitalik Buterin has issued serious warnings with regard to Sam Altman’s Digital Identity Project World (Wld, formerly known as WorldCoin).

While World, who has attracted attention with more than 13 million “unique people” records, continues to grow in the digital identity space, Buterin said that such projects could endanger anonymity online.

In his paper that was published today, Buterin assesses the potential benefits and damage of digital identity systems that use zero-knowledge certificates (ZK), with the argument that systems based on a “per person identity” model, such as the world, can threaten the privacy of internet users.

“In an identity system per person, even wrapped in ZK, we run the risk that all your online activities will be effectively assigned to a single identity,” said Buterin, and noted that eliminating anonymity could have serious negative consequences in an environment of increasing digital threats.

World was developed by Tools for Humanity, a company founded by Sam Altman and Alex Blania. Users prove that they are human by scanning their eyes with devices called “Orbs” and therefore receive both a world -ID and Wld -Tokens. The biometric data used in the identity creation process are protected by ZK technology.

Buterin acknowledged the privacy benefits of ZK technology, but noted that the imposition of a single identity by the system could be harmful in the long term. Buterin noted that comparable systems have become widespread in regions such as the European Union and Taiwan, and that this trend becomes worldwide.

“At first glance, the proliferation of ZK-driven digital identities may seem like a considerable profit against bots and fake accounts on social media, online votes and different platforms,” ​​wrote Buterin, but he warned that the freedom of users to manage multiple e-mail or social media accounts with these systems could be eliminated.

See also  Hitachi issues a blockchain-based green bond for $69 million

The World Project is making progress despite criticism from proponents of privacy. World, which was launched in the US, is preparing to publish a visa card and takes steps to verify users in a pilot program with Tinder in Japan.

Despite these developments, Buterin proposes a more pluralistic model:

“Instead of single identity systems wrapped in ZK, a pluralistic structure must be assumed where identities can be provided in various ways by more than one institution, platform or person.”

*This is not investment advice.

Source link

Altcoin Buterin criticism Ethereum Founder harsh surprise Vitalik
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Chainlink brings Samsung, Toyota and Sony prices on-chain with APAC stock streams

2026-06-24

Ethereum Foundation bezuinigt met 20% op personeel, terwijl ETH YTD met 44% daalt ondanks recordgebruik

2026-06-24

Aztec reaches L2Beat Phase 2 after Governance revokes ownership of the rollup contract

2026-06-24

What is MEV? Maximal Extractable Value, the invisible tax on crypto

2026-06-24
Add A Comment

Comments are closed.

Top Posts

Link jumps into price while Chainlink Labs joins the Crypto Task Force of the SEC to discuss tokenized assets

2025-07-19

SEC charges Cumberland DRW for unregistered securities trading in $2 billion case

2024-10-11

Ethereum price dives to $2K imminent as key support line crumbles

2024-01-24
Editors Picks

SEC commissioner urges agency to impose stronger preventative measures on crypto industry

2023-11-06

Bitcoin and altcoins react to the FOMC chairman’s speech

2023-12-03

A new era for blockchain-based insurance transactions

2024-05-09

SEC Crypto Task Force discusses securities tokenization with Nasdaq, Defi Startups

2025-05-26

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

The US Treasury Department’s $10 billion scam alert shows why crypto is rushing itself into the police force

0x opens swap API for AI agents with USDC Pay-Per-Request model

Chainlink brings Samsung, Toyota and Sony prices on-chain with APAC stock streams

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
© 2026 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.