November 23, 2024

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Vitalik Buterin declares he is not staking all of his ETH, merely a ‘small portion’

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Vitalik Buterin declares he is not staking all of his ETH, merely a ‘small portion’

Ethereum co-founder Vitalik Buterin stated that he does not stake all of his Ether (

This comes after Buterin stated in a June 9 blog that the Ethereum blockchain outright “fails” without sufficient scaling infrastructure to make transactions cheap.

He also noted another point of failure related to smart contract wallets. 

He explained that a move to smart contract wallets has resulted in certain challenges arising due to the complexities associated with user experience when users take control of multiple addresses at once. 

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