Vitalik buterin, what -founder of Ethereum, believes that the orientation of blockchain applications often reflects the intentions and ethics of their creators. It quotes projects as a pump.Fun, which he considers to be a bad social philosophy.
During the recent discussion, he emphasized how the impact – post or negative – crypto projects are formed by the values that control their development.
Buterin says that pump.fun and terra reflect what should not be built in the crypt
Bterin appreciated some decentralized applications that correspond to the long -term vision of Ethereum. These include Railgun, Farcaster, Polymarket and Signal Reports.
On the contrary, he criticized platforms such as pumps.Fun, Terra/Luna and FTX Exchange and described them as harmful examples of what should not be built.
“Differences in what the application makes from differences in faith in the heads of developers about what to achieve,” said Buterin.
Railgun was distinguished as a key example. Although it offers similar functions to Cash Tornado, it is further implementing personal data protection funds.
This system, jointly developed by Buterin, allows users to remain anonymous and at the same time prove that their means do not come from illicit sources.
Other projects that Buterin welcomed include Farcaster, a decentralized social network protocol and polymarket, a prediction platform based on a crypto.
In the past, he has noted that tools such as polymarket can cross betting and serve as useful mechanisms to improve decision -making, media and even scientific research.
In addition, projects like pump.fun – designed to start the same on the sole – received strong criticism.
Previously, the Ethereum K -Flan warned against patterns that prefer media at the expense of substances such as Terra/Luna and FTX. He also constantly urgently urgently urgently urged the crypto space, especially defi, to build with ethical intention and long -term usefulness in the mind.
To explain his views on the unique Ethereum development route, Bterin compared it with C ++, programming language for general use.
Unlike C ++, Ethereum is only partially for general use. Many of its basic innovations, such as account abstraction or move to evidence of share, are strongly based on the involvement of developers to the wider Ethereum mission.
“Ethereum L1 is not entirely in this position: someone who does not believe in decentralization would not add light customers, or focus or (good forms of account abstraction; someone who does not care about waste of energy would not spend five years to prove evidence of share …
Bterin added that Ethereum applications are approximately 80 %for special use. For this reason, the ethical framework and goals of the people who build them play a key role in the way the network evolves.
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