Vitalik Buterin: My ETH holdings have increased, and Ethereum has never been shut down since 2016 due to DoS attacks and consensus failures.

robot
Abstract generation in progress

Golden Finance reported that Vitalik Buterin, co-founder of Ethereum, stated on X platform that his holdings of ETH have increased. Now Ethereum will not lose 5 million ETH per year on Proof of Work, and network fees are low. Transactions can be completed within 30 seconds, instead of 1-30 minutes (implemented through EIP-1550). Since 2016, Ethereum has never stopped due to DoS attacks and Consensus failures. Various security work (internal development and funding) has prevented many fund losses, and various codes that users can use, including Wallet, Decentralized Finance applications, are also provided in the relevant library.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • 1
  • Share
Comment
0/400
ICanDoItvip
· 2024-10-26 05:21
Tell V to eat shit quickly, rise not over Bit, falls like a dog
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)