Home News Ethereum’s Vitalik Buterin to Elon Musk: Programs that should be developed...

Ethereum’s [ETH] Vitalik Buterin to Elon Musk: Programs that should be developed on Ethereum


Elon Musk, the face of Tesla and SpaceX, has always been a prominent figure in the space that is cryptocurrency. The creator of The Boring Company has expressed his opinions on Bitcoin [BTC] and cryptocurrencies in the market on many occasions. Musk also revealed that he held 0.25 BTC, which was sent by a friend, stating that Satoshi Nakamoto deserves a Nobel Prize, leading to the entire Bitcoin community rejoicing over Musk joining the bandwagon.

Notably, Bitcoin was not the sole cryptocurrency to grab Musk’s focus currencies such as Ethereum and Dogecoin were also on his record. Today, the Tesla CEO was seen commenting on the second-largest cryptocurrency and leading contract platform, Ethereum [ETH], on Twitter.

Musk’s Tweet said,


— Elon Musk (@elonmusk) April 30, 2019

The tweet soon attracted the interest of a majority of the cryptocurrency space, including Vitalik Buterin, the creator of Ethereum, who proceeded to invite Musk to Ethereum’s Devcon, that would be held in October 2019. Even Justin Sun, the Founder of Tron Foundation, went on to Tweet “Tron” and ldquo &;BitTorrent” on the same thread.

Musk ignored Sun and responded to Buterin stating, “Stop giving away ETH! 🤣🤣“.

Nevertheless, this was followed by Musk asking Buterin, “What ought to be developed on Ethereum? ”, leading to Buterin record five use-cases.

Buterin stated,

“My top picks (1): * A globally accessible financial system, including payments, store of value, also more advanced stuff like insurance http://hurricaneguard.io/  * Identity: “sign in with Facebook” -> “sign in using an ethereum accounts, no intermediaries”. Web of trust…”

Source: Twitter

Source: Twitter

He added,


P2p market for connections / incentivized mesh networks
* Identity, reputation and credit systems for those that currently have few resources (eg. Refugees)
* Decentralized DNS options (eg. https://t.co/aTRxfTlXpC)

— Vitalik Non-giver of Ether (@VitalikButerin) April 30, 2019

Musk has talked about Ethereum [ETH] many times. However, the very first topic was related to spam-bots on Twitter, which also led to the “Not giving away ETH” campaign on social networking. Scammers used to mimic the media handles of cryptocurrency influencers on social media handles, including Twitter and Telegram.

This would be followed by these claiming to “giveaway ETH” or any other digital currencies, after users sent a specific amount of crypto initially to a specific address which would be completed. Basically, the scammer would request a user to send ETH to an address, asserting that he’d send back more ETH, leading to many members losing their funds.

On this, Elon Musk had said,

“I want to know who is currently running the Etherium scambots! Mad skillz. ”

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