Vitalik Buterin, the co-founder of Ethereum is undoubtedly one of the most influential figures in the Ethereum ecosystem.
In a new blog post, Buterin has now revealed his hottest trends and most exciting use cases that excite him. The post covers money, DeFi, digital identity, DAOs, and hybrid applications.
Ethereum Founder Shares His Excitement
On the topic of money, Buterin notes that this is still the first and most important application. Unlike wealthy countries where financial transactions are easy and 8% inflation is considered extreme, for many countries with high inflation, access to global currencies is foreclosed.
Cryptocurrencies are a solution here, although fees are a concern, as Buterin admits, particularly with regard to Ethereum. Therefore, he is enthusiastic about scaling technologies such as Optimistic and ZK rollup, but also social recovery and multisig wallets, through which abstraction of accounts is becoming more practical.
In payments, Buterin says stablecoins have proven their worth, “realistically combining the benefits of digitization with cash-like respect for privacy.”
However, centralized stablecoins are not a long-term solution to withstand surveillance, according to the Ethereum founder.
Therefore, he considers DAO-managed risk-weighted asset (RWA)-backed stablecoins, such as DAI as a “happy medium”,…
