CRYPTO

Authored by Stephen Katte via CoinTelegraph.com,

Ethereum co-founder Vitalik Buterin argues it’s Ethereum’s application layer, not its infrastructure layer, where Ethereum needs “good social philosophy” the most.

The app layer is where developers build decentralized applications on top of Ethereum’s base infrastructure and where they make decisions about how these programs operate. 

In an April 12 post on the social media platform Warpcast, Buterin responded to a user’s argument that Ethereum needs a new generation of developers rooted in Ethereum’s core values to renew itself. He argued that it’s the app layer that needs this more.

“Apps are 80% special purpose. What apps you build depends heavily on what ideas you have of what Ethereum apps, and Ethereum as a whole, are there to do for the world. And so having good ideas on this topic out there becomes crucially important,” Buterin said. 

Source: Vitalik Buterin

In comparison, Buterin says a programming language like C++ may not be as influenced by the creator’s ideology, as it is a general-purpose tool that doesn’t have much surface to be made worse or improved by social (more…)

Authored by Zoltan Vardai via CoinTelegraph.com,

A New York lawmaker has introduced legislation that would allow state agencies to accept cryptocurrency payments (more…)

Authored by Alex O'Donnell via CoinTelegraph.com,

Ether exchange-traded funds (ETFs) in the United States may be able to start staking a portion of their tokens as soon as May, according to Bloomberg Intelligence analyst James Seyffart. 

On April 9, the US Securities and Exchange Commission (SEC) authorized exchanges to begin listing options contracts tied to spot Ether ETFs after greenlighting Bitcoin ETF options in September. However, issuers are still waiting (more…)