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Vitalik Buterin

What Vitalik Buterin thinks about crypto

@vitalik-buterin · 9 positions · 1 change of mind · On ppll ↗

Co-founder of Ethereum. Publishes long essays on mechanism design, governance and what cryptography is for, and returns to his earlier positions to say which parts he no longer holds.

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3 dated positions, 2026, in their own words. Our reading of what Vitalik Buterin has said — not written or endorsed by them.

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  1. cryptography

    As an AI might say, the only honest conclusion (ok fine, the honest punchline) is that a modern cryptographic network like the post-Lean-upgrade Ethereum is called a "blockchain" to a large extent for historical reasons.

    ↗The cryptographic world computervitalik.eth.limo

  2. cryptography

    The most important conclusion is that the set of tradeoffs for users is radically changing:

    ↗The cryptographic world computervitalik.eth.limo

  3. cryptography

    Perhaps the most important shift is that the decentralized nature of the network is shifting from being purely a burden incurred in the name of safety and robustness to at least sometimes, in a few limited cases, being a strength even from a performance perspective.

    ↗The cryptographic world computervitalik.eth.limo