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Vitalik Buterin on How Ethereum Will Revolutionize Crypto in the Next 3 Years

On September 18, COINOTAG reporters covered a significant event at TOKEN2049, where Ethereum co-founder Vitalik Buterin participated in the “The Next 3 Years in Crypto” roundtable. Buterin emphasized that in the upcoming three years, Ethereum is poised to contribute significantly to the cryptocurrency sector through its smart contracts and decentralized applications (DApps). With its inherent flexibility and scalability, Ethereum is positioned as an optimal platform for nurturing new projects and pioneering solutions.

Buterin highlighted that by advancing decentralized finance (DeFi), non-fungible tokens (NFTs), and various blockchain technologies, Ethereum aims to foster a more equitable financial system, boost transparency, and diminish reliance on intermediaries. The ongoing efforts by Ethereum’s community and developers to optimize the network’s sustainability and security are anticipated to draw increasing participation from users and investors alike.

Additionally, Buterin underscored the importance of educating the public about blockchain technology to enhance its adoption and utilization, contributing to a broader digital transformation. He asserted that Ethereum holds immense potential to propel technological advancements, support economic inclusivity, and refine the global financial infrastructure, ultimately aiding in the creation of a better world.

Reflecting on the ICO era, Buterin remarked that it facilitated the gathering of diverse communities from America, China, Japan, and Europe around new projects, providing a global ecosystem. Despite the increasing physical, economic, and digital barriers, maintaining such a global network remains a crucial value provided by Ethereum.

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