Ethereum Foundation

Ethereum is a decentralized computing platform featuring programmable smart contracts.

Ethereum Foundation people

Top experts from the Ethereum Foundation network.

Reviews by Ethereum Foundation people

Cryptocurrency reviews from the executives, employees and alumni of Ethereum Foundation.

  • Mathias Groennebaek on Stellar Founder and CEO at Braveno

    It is all a trap for retail investors to get robbed.

    Stellar is there because Stellar and Ripple are equally Ponzi schemes. Stellar is a Ripple fork started by Jed McCaleb, the guy who started Mt. Gox. Jed is the king of getting hacked and disappearing with the money.

    Full review πŸ’©


  • Mathias Groennebaek on IOTA Founder and CEO at Braveno

    IOTA is garbage.

    Full review πŸ’©


  • Mathias Groennebaek on Tether Founder and CEO at Braveno

    Tether is still shady as fuck though, but as a principle it could be applied to other tokens and is an interesting development.

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  • Anthony Di Iorio on Decred Co-founder of Ethereum and CEO of Jaxx

    Decred is not worth spending time and resources pursuing because it does not present anything unique or worthwhile.

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  • Vitalik Buterin on Golem Creator of Ethereum

    Golem is Airbnb for your CPU :)

    Full review πŸ”‘


  • Vitalik Buterin on Ethereum Classic Creator of Ethereum

    I'm fine with Ethereum Classic existing. I'm just saying that I'm not interested in putting my own effort toward it.

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  • Vitalik Buterin on Cardano Creator of Ethereum

    I'm trying to understand how Praos accomplishes semi-synchronous consensus....However, even in this case, you're getting semi-synchronous chain growth, not semi-synchronous safety, as if there is a situation where a node accepts a block as finalized, and then network latency suddenly increases sharply (eg. it keeps rising exponentially), then an attacker chain could outgrow it. So it's not quite the same thing that you can get with traditional BFT-inspired algorithms...

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  • Mathias Groennebaek on EOS Founder and CEO at Braveno

    Honestly, I don't understand the whole EOS thing. Why people decided out of all the companies in the world that could run a federated permissioned ledger that it should be one run by people with a track record of borderline fraud I will never understand.

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  • Mathias Groennebaek on Augur Founder and CEO at Braveno

    I think Augurs approach leaves something to be desired. Disincentivizing it by demonetizing it is not strong enough IMO.

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  • Vlad Zamfir on Zcash Researcher at the Ethereum Foundation

    I like Zcash because I think private unmediated digital cash is incredibly important for a cashless society. They have more expertise with zk-SNARKs than anyone in the space (not counting the SCIPR Lab). Worst thing about Zcash is they want to call hard forks "network upgrades."

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  • Vitalik Buterin on Zcash Creator of Ethereum

    If I was doing anything seriously privacy-demanding, I'd probably go for Zcash first.

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  • Vitalik Buterin on Dai Creator of Ethereum

    If you want full crypto-decentralization, DAI still exists and works great.

    Full review πŸ”‘
    Show thread Vitalik Buterin on Dai


  • Alex Van De Sande on Ethereum Classic UX Designer at the Ethereum Foundation

    Ethereum Classic is what happens when original developers and a whole community decide to leave an old chain to die on the side of the road. Instead, it survived and came back with a vengeance. It’s inspiring, really.

    Full review πŸ”‘
    Show thread Alex Van De Sande on Ethereum Classic


  • Joseph Lubin on Bitcoin Founder of ConsenSys

    Full nodes on the Bitcoin blockchain store every transaction made going back to the zero block; full nodes on the Ethereum blockchain additionally store the static code (if any) associated with a given account and that code’s current state in storage.

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  • Alex Van De Sande on Dai UX Designer at the Ethereum Foundation

    A zero knowledge DAI implementation working live on the main chain: …
    Programmable, private, stable. We're slowing approaching the holy grail of currencies.

    Full review πŸ”‘
    Show thread Alex Van De Sande on Dai


  • Mathias Groennebaek on Bancor Founder and CEO at Braveno

    Bancor is all the risk of a centralized exchange, with none of the benefits like instant multilateral execution, and settlement guarantees. The worst of both worlds.

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    Show thread Mathias Groennebaek on Bancor


  • Alex Van De Sande on Gnosis UX Designer at the Ethereum Foundation

    Gnosis isn’t an Augur clone. Gnosis is doing great work independent from Augur and it’s great to have more than one company working on prediction markets.

    Full review πŸ”‘


  • Mathias Groennebaek on XRP Founder and CEO at Braveno

    I like to hate on Ripple as much as the next guy, but in the interest of accuracy, Ripple the company can't directly freeze Ripples; they can censor transactions on the validating nodes they control, and gateways can freeze Ripples. That's what happened to Jed [McCaleb] on Bitstamp.

    Full review πŸ’©


  • Vlad Zamfir on Tezos Researcher at the Ethereum Foundation

    Tezos has less checks and balances than off-chain governance in BTC or ETH because it disenfranchises node operators of their role in governance.

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  • Mathias Groennebaek on OmiseGo Founder and CEO at Braveno

    The whole premise the OmiseGo decentralized exchange is built on is flawed. You can't have an efficient market without execution guarantees. Plasma relies on bonding, fraud proofs, and penalizing, which only provides execution guarantee under the assumption of no bad actors.

    Full review πŸ’©


  • Vitalik Buterin on Bitcoin SV Creator of Ethereum

    I have my disagreements with the Bitcoin roadmap, PoW, etc but they're trying to do something that's genuinely cool tech. BSV is a pure dumpster fire.

    Full review πŸ’©
    Show thread Vitalik Buterin on Bitcoin SV


  • Vitalik Buterin on OmiseGo Creator of Ethereum

    Right now my favorite token model is OMG-style staking tokens. Reasons:

    - Not a medium-of-exchange token
    - Clear valuation model (expected discounted future transaction fees minus the node operation cost)
    - Requires running a node to get returns, not passive income (so more legally defensible)

    Full review πŸ”‘


  • Vitalik Buterin on EOS Creator of Ethereum

    "EOS is secure because the hegemon has a lot of power and can counterbalance the bad people"

    Hmm, what other class of systems is that the security model of?

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    Show thread Vitalik Buterin on EOS


  • Alex Van De Sande on Digix UX Designer at the Ethereum Foundation

    I created a secret phrase that I can write down anywhere, and then that can be real gold storage! Thinking about that makes everything seem awesome!

    Full review πŸ’©


  • Vitalik Buterin on IOTA Creator of Ethereum

    I strongly disagree with many of IOTA's technical decisions (trinary, custom hash functions, POW on transactions), and find some of their behavior deeply egregious to the point where it goes beyond mere negligence. The "security flaw as copy protection" thing is particularly offensive, and makes it difficult to trust the current dev team.

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  • Gavin Wood on Bitcoin Founder of Parity Technologies

    Bitcoin was an important part of getting this technology recognised, largely through the socially-sensitive MVP of a currency. However it didn’t really capture the imagination of developers in general.

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    Show thread Gavin Wood on Bitcoin


  • Vlad Zamfir on Algorand Researcher at the Ethereum Foundation

    Algorand is so asynchronous safety, a more than half honest assumption, no incentive mechanism design...

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  • Vlad Zamfir on Cosmos Researcher at the Ethereum Foundation

    On chain governance is a disaster -- coin vote based governance [as in Cosmos] is a disenfranchises everyone who doesn't have coins -- even those with only a small amount.

    Full review πŸ’©


  • Vitalik Buterin on Bitcoin Cash Creator of Ethereum

    12.5% of the BCH block reward is being redirected from miners to "a Hong Kong corporation". This [is being billed] as voluntary, but in reality it is of course a compulsory soft fork. It's worth noting the irony here: BCH, a chain that was born as a reaction to an ideology that claims that soft forks are the only legitimate way to make changes because they are "voluntary" is.... making a controversial soft fork and insinuating that it's voluntary.

    The idea here is that miners should be proposing different consensus rules and trying to enforce them by forking off non-compliant blocks, and this will naturally stabilize toward consensus rules that the majority is okay with.

    I disagree with this market-for-consensus ideology because it has nasty equilibria and could easily lead to entrenched interests. This miner group seems to respect the concern (after all, BCH largely gave up market-for-consensus for block size too) and made the fund time-limited....

    Full review πŸ’©
    Show thread Vitalik Buterin on Bitcoin Cash


  • Joseph Lubin on Ethereum Founder of ConsenSys

    If a network like Bitcoin or Ethereum has thousands of nodes, we can be confident that these systems are harder to improperly manipulate than nearly any system in human history. We would achieve maximal decentralization of a blockchain network if every person on the planet owned precisely one full node device connected to the network.

    Proof of work systems are vulnerable to reduction in decentralization at the node network level due to costs of hardware and energy, preferential access to optimal hardware, and efficiencies of scale. A well designed proof of stake system will remove these asymmetries, enabling more people to own or control hardware on the network. The barrier to entry will be low enough so that nearly anyone will be able to validate transactions on the Ethereum network and help secure it.

    Casper proof of stake will bring breakthroughs in scalability, while enabling the network to be more decentralized and therefore more secure. Casper on the Ethereum Beacon chain is live on testnets now, and the 8 teams building their own implementations of the protocol should be in sync on a shared testnet within a small number of months.

    Full review πŸ”‘


  • Joseph Lubin on EOS Founder of ConsenSys

    As has been debated endlessly, a platform controlled by 21 crypto bros is just not all that decentralized. They can collude and censor if they wish. Governments and other well resourced actors can bribe them or force them to act against their will and against the well-being and security of the people using the platform.

    It has been argued that if these block producers start behaving badly, they will be voted out, and that is the main source of decentralization in the system.

    Unfortunately, there is no good way for anyone to detect that they are colluding, or have been corrupted or forced into some sort of improper action. I can imagine EOS being used for some games, but not even for games that have high value tokens. It will be too easy to organize to steal value on this platform.

    Full review πŸ’©


  • Joseph Lubin on Polkadot Founder of ConsenSys

    The Polkadot worldview sees Ethereum connected as a potential β€œvirtual parachain” via a bridge. For any parachain to become attached to the Polkadot relay chain, it must be voted in by the holders of dots β€” the Polkadot system token. These voters can also choose to pause a parachain or remove a parachain from the system if it is deemed to be out of compliance with what the majority prefers. Effectively, this is a permissioned system, and white listing and blacklisting of entire parachain networks is a core tenet of the governance system of Polkadot.

    One could imagine a parachain choosing to be permissionless and allowing anyone to upload any dapp, but ultimately the DOT holders might take issue with this, as they might be considered by authorities to be responsible, so it would probably be too dangerous a policy for a parachain to offer. It is likely that this will be a permissioned and highly controlled blockchain platform.

    Full review πŸ’©


  • Joseph Lubin on Cosmos Founder of ConsenSys

    Cosmos doesn’t really propose a base trust layer. It seems more focussed on enabling different sovereign platforms to interoperate side-by-side. And it doesn’t appear that there will be much interoperation between platforms in the next few years beyond enabling tokens to move back and forth across network boundaries. The Cosmos team feels that this will be the main and most important interoperation use case.

    I expect Cosmos to have good utility as a layer two solution, linked into the base trust layer when necessary. Cosmos also expects to interoperate with Ethereum through a token bridge.

    Full review πŸ”‘


  • Joseph Lubin on Libra Founder of ConsenSys

    First, some context: I think the#blockchain space benefits from experimentation, including the Libra project. What does not benefit the space is a Facebook-led blockchain project, led in typical Facebook style....

    Mark Zuckerberg talks about Librain terms that are quite familiar (and validating) to the people already building blockchain systems: broadening financial inclusion & fixing a broken financial system.

    How they propose to achieve that with a consortium of a few dozen mega-corporations at the helm is less clear––to say nothing of their own track record with the public’s data and privacy rights, issues many on the Committee similarly raised.

    The Libra story is about dominant technology players trying to shoehorn themselves into what is going to be the future of the internet. Possibly they see the writing on the wall and want to make sure they have a seat at the table when new technologies like blockchain take hold.

    Full review πŸ’©


  • Vitalik Buterin on Steem Creator of Ethereum

    Apparently Steem DPOS got taken over by big exchanges voting with depositors' funds. Can anyone confirm and/or provide details?

    Seems like the first big instance of a "de facto bribe attack" on coin voting (the bribe being exchs giving hodlers convenience and taking their votes).

    Full review πŸ’©