Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

IMF requires urgent clarification of Pakistan more than 2,000 MW of Power Allowance to Bitcoin -Mybouw

2025-06-01

Binance leads in volume but loses Liquidatierace – insight into how …

2025-06-01

$ 202 million in Long Liquidations Rock Bitcoin Market – What is the next step for BTC price?

2025-06-01
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Ripple makes a fundamental statement about blockchain -transforming finances

    2025-06-01

    VeChain wants to transform the supply chain from Amazon with confidential evidence

    2025-06-01

    Binance and Pakistan IT ministerie Rollen Blockchain Education Program out for 80,000 students

    2025-06-01

    Omnia -Protocol works together with Flare Networks to unlock more private and interoperable Web3 Future

    2025-06-01

    Hodooi and Ice Open Network are a powerful alliance for Web3 Social Expansion

    2025-05-31
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    IMF requires urgent clarification of Pakistan more than 2,000 MW of Power Allowance to Bitcoin -Mybouw

    2025-06-01

    Humans leads $ 3,490,000 from the US government, various companies in bank fraud: Doj

    2025-06-01

    American authorities charge six people in connection with alleged $ 66,000,000 Food Stamp -Fraud schedule

    2025-05-31

    American authorities punish the Philippines-based company for alleged computer infrastructure for crypto pig breaking stop

    2025-05-30

    FBI is looking for victims who are connected to FunNull Pig Butching Crypto Investment SCAM

    2025-05-30
  • Analysis

    Hyperliquid Bitcoin Whale loses $ 100 million because the BTC price falls under $ 105k

    2025-06-01

    Bitcoin can go to the impending correction mode for ‘weeks and weeks’, according to analyst Willy Woo – here is why

    2025-06-01

    Cronos Tart Crypto Market Downtick on Friday as asset manager Canary Capital Files for CRO ETF

    2025-05-31

    XRP multi-time frame breakdown: here comes what is there

    2025-05-31

    XRP -Price risks crash under $ 2 if the correction holds, here is why

    2025-05-31
  • Learn

    What Is Asset Tokenization? How It Works and Why It’s Important

    2025-05-30

    What Is DeFi 2.0 and Why It Matters

    2025-05-27

    Crypto Margin Trading: How It Works and How to Manage the Risks

    2025-05-26

    Wat is circulerende levering in cryptocurrency?

    2025-05-23

    What Is a DEX (Decentralized Exchange)?

    2025-05-21
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»Vitalik Buterin Calls Blockchain ‘Truth Machine’
Blockchain

Vitalik Buterin Calls Blockchain ‘Truth Machine’

2024-07-22No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Vitalik Buterin, co-founder of Ethereum, has described blockchain as a “truth machine” because it provides detailed information about message timestamps. Buterin’s statement on social media platform

Buterin insists on improved truth verification systems

Essentially, Buterin clarified that a blockchain presents information as it is entered into the system, without falsifying the data entered or giving room for manipulation. However, the Ethereum co-founder alluded to the limitations of blockchains when he stated that they were not built for fact-checking a question.

A blockchain is a “truth machine” in the specific sense that it provides consensus on the approximate truth of when messages were sent. It doesn’t say, “was the moon landing real?”

This significantly reduces the blockchain’s attack surface, but it does mean we need other tools to…

— vitalik.eth (@VitalikButerin) July 20, 2024

“A blockchain is a ‘truth machine’… It doesn’t tell you ‘was the moon landing real’?” wrote Buterin.

In particular, Buterin believes that a system should be developed that can serve as a support structure for blockchains and help verify facts beyond just storing data entries.

According to him, the current organization of blockchains limits the extent to which it can be attacked and serves as a strength. However, it is necessary to build ‘truth-finding’ models into the blockchain system.

Grand vision for crypto ecosystem

Some tech experts are divided on Buterin’s sentiments.

While a group of these tech enthusiasts agree that blockchains are only capable of providing a short temporary consensus and that more tools will be needed for truth verification, they emphasized the role that artificial intelligence and decentralized systems would can play in the broader digital space, others consider it to have a central truth. platform search unnecessary.

See also  Data shows that blockchain networks will collect nearly $7 billion in fees by 2024

The Ethereum co-founder is used to putting forward his ideas on how to make the broader crypto ecosystem better. He recently opined that forming political allegiances based on who is “pro-crypto” was not the best thing for the industry. This statement provoked strong reactions from Charles Hoskinson, as reported by U.Today.

Lately, Buterin has been busy pushing for the adoption of new token standards, ERC-3770 and ERC-7683, as he believes this will improve users’ experiences when making payments over Layer-2 networks .

Source link

Blockchain Buterin calls Machine Truth Vitalik
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ripple makes a fundamental statement about blockchain -transforming finances

2025-06-01

VeChain wants to transform the supply chain from Amazon with confidential evidence

2025-06-01

Binance and Pakistan IT ministerie Rollen Blockchain Education Program out for 80,000 students

2025-06-01

Omnia -Protocol works together with Flare Networks to unlock more private and interoperable Web3 Future

2025-06-01
Add A Comment

Comments are closed.

Top Posts

XRP at critical moment as price tests 21 EMA

2025-02-02

Investor Hugh Hendry sees reasonable chances of Bitcoin hitting a huge price target, says his money is ready for dips

2024-09-03

The SEC postpones lower expectations of Ethereum ETF approval by May despite the addition of strikes

2024-03-19
Editors Picks

XRP tests rising triangular weather – can bulls reach $ 2.40?

2025-04-14

Mastercard and Standard Chartered Bank Hong Kong are testing tokenized deposits

2024-05-17

Kraken gives fans chance to put NFT on an F1 racecar at Austin Grand Prix

2023-08-01

Another $600 million exits, price cuts lower

2024-06-25

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

IMF requires urgent clarification of Pakistan more than 2,000 MW of Power Allowance to Bitcoin -Mybouw

Binance leads in volume but loses Liquidatierace – insight into how …

$ 202 million in Long Liquidations Rock Bitcoin Market – What is the next step for BTC price?

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
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

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

  • bitcoinBitcoin(BTC)$105,073.500.56%
  • ethereumEthereum(ETH)$2,539.45-0.01%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.17-0.88%
  • binancecoinBNB(BNB)$657.520.05%
  • solanaSolana(SOL)$156.10-0.37%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1935120.18%
  • tronTRON(TRX)$0.2691841.03%
  • cardanoCardano(ADA)$0.68-0.54%
  • suiSui(SUI)$3.310.83%
  • hyperliquidHyperliquid(HYPE)$33.000.15%
  • chainlinkChainlink(LINK)$14.04-0.19%
  • avalanche-2Avalanche(AVAX)$20.83-0.62%
  • stellarStellar(XLM)$0.267253-0.12%
  • bitcoin-cashBitcoin Cash(BCH)$404.67-3.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.61-0.02%
  • the-open-networkToncoin(TON)$3.151.19%
  • shiba-inuShiba Inu(SHIB)$0.0000131.62%
  • hedera-hashgraphHedera(HBAR)$0.168675-0.32%
  • litecoinLitecoin(LTC)$88.190.46%
  • polkadotPolkadot(DOT)$4.07-0.88%
  • moneroMonero(XMR)$332.093.64%
  • bitget-tokenBitget Token(BGB)$4.75-0.07%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • daiDai(DAI)$1.00-0.01%
  • pepePepe(PEPE)$0.0000121.47%
  • piPi(PI)$0.640.50%
  • uniswapUniswap(UNI)$6.251.52%
  • aaveAave(AAVE)$251.43-0.39%
  • bittensorBittensor(TAO)$418.031.16%
  • aptosAptos(APT)$4.801.42%
  • okbOKB(OKB)$50.34-0.03%
  • nearNEAR Protocol(NEAR)$2.46-0.17%
  • crypto-com-chainCronos(CRO)$0.103692-2.96%
  • internet-computerInternet Computer(ICP)$4.982.20%
  • ondo-financeOndo(ONDO)$0.840.64%
  • ethereum-classicEthereum Classic(ETC)$17.050.03%
  • gatechain-tokenGateToken(GT)$19.27-0.07%
  • mantleMantle(MNT)$0.681.73%
  • official-trumpOFFICIAL TRUMP(TRUMP)$11.330.88%
  • kaspaKaspa(KAS)$0.0857600.10%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2152170.90%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • vechainVeChain(VET)$0.024255-0.16%
  • render-tokenRender(RENDER)$3.920.19%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.770.93%
  • ethenaEthena(ENA)$0.3136323.16%
  • worldcoin-wldWorldcoin(WLD)$1.15-0.16%
  • filecoinFilecoin(FIL)$2.580.56%
  • bitcoinBitcoin(BTC)$105,073.500.56%
  • ethereumEthereum(ETH)$2,539.45-0.01%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.17-0.88%
  • binancecoinBNB(BNB)$657.520.05%
  • solanaSolana(SOL)$156.10-0.37%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1935120.18%
  • tronTRON(TRX)$0.2691841.03%
  • cardanoCardano(ADA)$0.68-0.54%
  • suiSui(SUI)$3.310.83%
  • hyperliquidHyperliquid(HYPE)$33.000.15%
  • chainlinkChainlink(LINK)$14.04-0.19%
  • avalanche-2Avalanche(AVAX)$20.83-0.62%
  • stellarStellar(XLM)$0.267253-0.12%
  • bitcoin-cashBitcoin Cash(BCH)$404.67-3.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.61-0.02%
  • the-open-networkToncoin(TON)$3.151.19%
  • shiba-inuShiba Inu(SHIB)$0.0000131.62%
  • hedera-hashgraphHedera(HBAR)$0.168675-0.32%
  • litecoinLitecoin(LTC)$88.190.46%
  • polkadotPolkadot(DOT)$4.07-0.88%
  • moneroMonero(XMR)$332.093.64%
  • bitget-tokenBitget Token(BGB)$4.75-0.07%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • daiDai(DAI)$1.00-0.01%
  • pepePepe(PEPE)$0.0000121.47%
  • piPi(PI)$0.640.50%
  • uniswapUniswap(UNI)$6.251.52%
  • aaveAave(AAVE)$251.43-0.39%
  • bittensorBittensor(TAO)$418.031.16%
  • aptosAptos(APT)$4.801.42%
  • okbOKB(OKB)$50.34-0.03%
  • nearNEAR Protocol(NEAR)$2.46-0.17%
  • crypto-com-chainCronos(CRO)$0.103692-2.96%
  • internet-computerInternet Computer(ICP)$4.982.20%
  • ondo-financeOndo(ONDO)$0.840.64%
  • ethereum-classicEthereum Classic(ETC)$17.050.03%
  • gatechain-tokenGateToken(GT)$19.27-0.07%
  • mantleMantle(MNT)$0.681.73%
  • official-trumpOFFICIAL TRUMP(TRUMP)$11.330.88%
  • kaspaKaspa(KAS)$0.0857600.10%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2152170.90%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • vechainVeChain(VET)$0.024255-0.16%
  • render-tokenRender(RENDER)$3.920.19%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.770.93%
  • ethenaEthena(ENA)$0.3136323.16%
  • worldcoin-wldWorldcoin(WLD)$1.15-0.16%
  • filecoinFilecoin(FIL)$2.580.56%