Currencies34286
Market Cap$ 3.88T+0.25%
24h Spot Volume$ 53.53B+5.22%
DominanceBTC58.38%+0.08%ETH10.82%-0.41%
ETH Gas0.23 Gwei
Cryptorank

Buterin’s Take on Airdrops: A Use Case for Blockchain Identity


by CoinEdition
Vitalik Buterin Reveals Airdrops as the Future of Fair Token Distribution
  • Vitalik Buterin sees Airdrops as key to testing blockchain identity systems, ensuring tokens reach real community members.
  • The Ethereum founder advocates rewarding meaningful contributions through blockchain identity frameworks for fairer token distribution.
  • Discounted token sales can drive genuine participation, ensuring buyers have a vested interest, says Buterin.

Ethereum founder Vitalik Buterin suggests using airdrops — the free distribution of tokens — to test blockchain-based identity systems. These systems can ensure tokens go to real community members, reward project contributors, maintain fairness, and prevent exploitation. He also proposes selling tokens at a discount to valuable contributors as another way to distribute tokens more evenly, making sure buyers have a real stake in the project’s success.

The post Buterin’s Take on Airdrops: A Use Case for Blockchain Identity appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Robust Security Has Sustained Network Stability Amid Volatility: Buterin

Robust Security Has Sustained Network Stability Amid Volatility: Buterin

Ethereum co-founder Vitalik Buterin has stressed that maintaining continuous network ...
Bitcoin and Ethereum Crash: $600M Lost in a Day

Bitcoin and Ethereum Crash: $600M Lost in a Day

Crypto investors witnessed a sharp Bitcoin and Ethereum price crash, triggering a wav...

Buterin’s Take on Airdrops: A Use Case for Blockchain Identity


by CoinEdition
Vitalik Buterin Reveals Airdrops as the Future of Fair Token Distribution
  • Vitalik Buterin sees Airdrops as key to testing blockchain identity systems, ensuring tokens reach real community members.
  • The Ethereum founder advocates rewarding meaningful contributions through blockchain identity frameworks for fairer token distribution.
  • Discounted token sales can drive genuine participation, ensuring buyers have a vested interest, says Buterin.

Ethereum founder Vitalik Buterin suggests using airdrops — the free distribution of tokens — to test blockchain-based identity systems. These systems can ensure tokens go to real community members, reward project contributors, maintain fairness, and prevent exploitation. He also proposes selling tokens at a discount to valuable contributors as another way to distribute tokens more evenly, making sure buyers have a real stake in the project’s success.

The post Buterin’s Take on Airdrops: A Use Case for Blockchain Identity appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Robust Security Has Sustained Network Stability Amid Volatility: Buterin

Robust Security Has Sustained Network Stability Amid Volatility: Buterin

Ethereum co-founder Vitalik Buterin has stressed that maintaining continuous network ...
Bitcoin and Ethereum Crash: $600M Lost in a Day

Bitcoin and Ethereum Crash: $600M Lost in a Day

Crypto investors witnessed a sharp Bitcoin and Ethereum price crash, triggering a wav...