Vitalik Buterin Quotes

Some of the uses being implemented for blockchain could actually work better with a database.

Blockchains will drop search costs, causing a kind of decomposition that allows you to have markets of entities that are horizontally segregated and vertically segregated.

Blockchain's a very interesting technology that will have some very profound applications for society over the years to come.

With the block chain, for the first time, we no longer need these central institutions for settlement or for guaranteeing the value of coins or for land titling. All of these functions can be replaced by a transparent public ledger that is safe from tampering and which can make value and ownership clear and open for everyone.

Blockchain is really exciting technology because it's actually providing both transparency but also agility in a contractual relationship that any organization should have.

I think the whole narrative of blockchain without bitcoin will amount to very little.

t0 is blockchain-agnostic so, ultimately, we can use anybody's blockchain.

While it may seem scarier in the earlier days, I think ultimately the blockchain creates a safer world.

There is nothing that Bitcoin can do which Ethereum can't. While Ethereum is less battle-tested, it is moving faster, has better leadership, and has more developer mindshare.

We all want a non-fragmented solution, but the utopian version of a single blockchain to rule them all is undesirable and impractical.

This is where the block chain is most useful and revolutionary: It helps us to overcome the problem of mutual trust in exchange, which will, in turn, make many of our modern central institutions unnecessary.

I would describe Hyperledger as a tremendous opportunity for collaboration for firms that range from gigantic commercial concerns all the way to the smallest, newest startups. It's a community of great intellectual depth and great commercial breadth, and as such, I think the opportunity to be part of that is a unique and enriching experience.

There's all these proofs that go on of identity, of records, and they're quite non-digital. The blockchain innovation really allows us to take everything where there's record keeping, everything where there's trust around record keeping, and it allows us to make that digital, immutable, permanent, and global.

I have no problem with the financial industry inviting the Trojan Horse of blockchain technology into their walled garden. Because I know how powerful the technology is.

I do think the blockchain infrastructure is here to stay.

Working on Ethereum could be similar to working at a Google: lower risk with broad impact right away. Working on a token is similar to working on a startup: higher risk and lower initial impact but higher upside potential.

The blockchain is a distributed network that solves all the problems that we have of finance, but more broadly, it's like a philosophy. It's a way of life.

The blockchain is going to change everything more than the Internet has.

There is absolutely no reason in the world of blockchain to build in net settlement. It's like saying you have got a new Ferrari and we are going to put a lawnmower engine in it.

Yeah, I love Ethereum. I love coding.

The revolution of blockchain is not going to happen from outside the system; it's going to happen from within the system.

When I came up with Ethereum, my first first thought was, 'Okay, this thing is too good to be true.' As it turned out, the core Ethereum idea was good - fundamentally, completely sound.

Ethereum has taken what was a four-function calculator of a programming language in Bitcoin and turned it into a full-fledged computer.

Ether is the token of the Ethereum network, which is focused on disrupting contract law.

When we look at government in Washington or what's happening on Wall Street, we see so much centralization. But really, our goals should be to eliminate and overcome these central institutions. And in recent years we have gained powerful new tools to do this, and most significant among those is the block chain, which is the software behind Bitcoin.