Vitalik Buterin: Meme Coins Need to Evolve via Fun Utility to Support Community and Not Only Enrich Creators
The Ethereum co-founder has urged meme coins to build fun crypto games instead of relying on charity donations to improve utility.
The Ethereum blockchain remains a crucial centerpiece, but it is ultimately only part of a larger vision of ‘web 3.0’ – a more secure, trustworthy and globally accessible platform for agreements, finance, auditing, tracking and more.
The Ethereum co-founder has urged meme coins to build fun crypto games instead of relying on charity donations to improve utility.
The event scheduled quarterly comes at a time when the crypto market is experiencing a notable rally. In particular, BTC is hovering around $70,000, showing robust momentum with a 24-hour trading volume of $30.8 billion
The integration of Masa Network and LayerZero through a dedicated Avalanche Subnet will enable the former’s seamless communication with Ethereum and BSC chains.
This partnership will facilitate the growth and adoption of the Sui ecosystem by providing developers with the necessary tools and resources.
Ethereum’s memory segments, known as “blobs”, are encountering storage issues due to excessive text or image storage, termed “Blobscriptions”. A staggering 40% of the blobs are currently occupied by inscriptions.
Ethereum now has more than 1 million validators, with more than 26% of Ether’s total supply currently staked in pools.
With its monthly provision of PoR, which allows users to estimate the company’s health, the exchange has continued to prove to users that their funds are safe.
The partnership between COTI and Civic will enhance web3 data protection and confidentiality via the COTI V2’s, Ethereum-based layer two network.
The blockchain gaming studio plans to use its latest investment to expand its gaming offerings and build on user experience.
Despite recognizing the advantages of scope that large validators provide, Vitalik Buterin’s proposal attempts to strike a balance between this and the requirement for a decentralized and resilient network.