No Result
View All Result
  • Login
Friday, December 26, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Cryptocurrency

Ethereum’s Vitalik Buterin says blockchain privacy is critical to humanity’s future

by FeeOnlyNews.com
3 months ago
in Cryptocurrency
Reading Time: 3 mins read
A A
0
Ethereum’s Vitalik Buterin says blockchain privacy is critical to humanity’s future
Share on FacebookShare on TwitterShare on LInkedIn


Stake

Ethereum co-founder Vitalik Buterin warned that society’s growing reliance on digital infrastructure could erode public trust unless technologies are built on open and verifiable foundations.

In a Sept. 24 blog post, he argued that healthcare systems, civic tools, and personal technologies face heightened risks when users cannot see how the systems that govern them work.

Buterin said the rapid pace of global innovation has deepened humanity’s dependence on digital tools, from health trackers to encrypted messaging. That reliance, he cautioned, can create dangerous concentrations of power if corporations or governments control the underlying infrastructure.

To avoid that outcome, he urged developers to prioritize open-source design and verifiability that end users can check directly.

According to him:

“[These technologies] benefits are too great, and in a highly competitive global environment, civilizations that reject these technologies will lose first competitiveness and then sovereignty to those that embrace them. However, in addition to offering powerful benefits, these technologies deeply affect power dynamics, both within and between countries.”

Open systems applications

Buterin pointed to healthcare as a sector where the stakes are particularly high.

He explained that proprietary health data platforms leave individuals dependent on corporate gatekeepers, who can charge fees or block access altogether.

By contrast, open and verifiable systems would allow defensive biotech to fight pandemics while preserving public trust in the data behind the response.

He also warned that insecure data systems create direct threats to safety. Stolen health records could enable insurers to exploit customers or criminals to target victims based on location tracking. He noted:

“If this kind of personal health data is insecure, someone who hacks it can blackmail you over any health issues, optimize pricing of insurance and healthcare products to extract value from you, and if the data includes location tracking they know where to wait for you to kidnap you.”

In the case of brain-computer interfaces, a successful hack could allow hostile actors to read or manipulate a person’s thoughts, a scenario he stressed is no longer science fiction.

Buterin argued that the same risks extend to civic technology and personal devices.

According to him, transparent voting systems, encrypted communication, and open-source operating systems could counter centralization and empower users, while closed systems increase the risk of manipulation and lock-in.

The Ethereum co-founder opined:

“Open tools for building need to be widely available, and the infrastructure and code bases need to be freely licensed to allow others to build on top.”

Cryptography solution

Buterin acknowledged that achieving his vision of “open and verifiable” societies will require advanced cryptography, including zero-knowledge proofs, homomorphic encryption, and formally verified hardware.

According to him:

“ZK-SNARKs, fully homomorphic encryption and obfuscation – are so powerful because they let you compute arbitrary programs on data in multi-party contexts, and give guarantees about the output, while keeping the data and the computation private.”

While these systems may sacrifice some performance and challenge standard business models, he insisted that the trade-offs are worthwhile.

Buterin proposed starting with domains where trust is more important than speed, such as secure communications and healthcare applications. He argued that developers can create models that gradually extend across the digital economy by first embedding openness and verifiability in these areas.

However, Buterin concluded that:

“It is unrealistic to achieve maximum security and openness for everything. But we can start by ensuring that these properties are available in those domains where they really matter.”

Mentioned in this article

Latest Alpha Market Report



Source link

Tags: BlockchainButerinCriticalEthereumsfutureHumanitysPrivacyVitalik
ShareTweetShare
Previous Post

Midcap Momentum: 7 stocks reporting rising EPS for 4 consecutive quarters – 7 NSE Midcaps Post EPS Growth for 4 Straight Quarters

Next Post

Links 9/24/2025 | naked capitalism

Related Posts

Bitcoin’s Price Tiptoes on the Edge: Will K Be the Launchpad or the Trapdoor?

Bitcoin’s Price Tiptoes on the Edge: Will $89K Be the Launchpad or the Trapdoor?

by FeeOnlyNews.com
December 26, 2025
0

Bitcoin strutted into Dec. 26, 2025, wearing a shiny $88,630 price tag and a not-so-subtle smirk, but behind that swagger...

Crypto Events That Reshaped the Industry in 2025

Crypto Events That Reshaped the Industry in 2025

by FeeOnlyNews.com
December 26, 2025
0

February: The Bybit theft recenters the market on operational risk On Feb. 24, the crypto industry faced a renewed security...

Tom Lee says blockchain and AI could turn JPMorgan and Goldman Sachs into next Mag 7

Tom Lee says blockchain and AI could turn JPMorgan and Goldman Sachs into next Mag 7

by FeeOnlyNews.com
December 25, 2025
0

Key Takeaways According to Tom Lee, banks stand to be major beneficiaries of both artificial intelligence and blockchain technology. Lee...

Bitcoin Now Charting A Different Path From Stocks, Gold

Bitcoin Now Charting A Different Path From Stocks, Gold

by FeeOnlyNews.com
December 25, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows Bitcoin has seen a shift...

Users Hit as Hacker Drains BTC, ETH, BNB

Users Hit as Hacker Drains BTC, ETH, BNB

by FeeOnlyNews.com
December 25, 2025
0

The Chrome extension updated to version 2.68.0, and reports of a Trust Wallet hack soon followed. Instead, many reports covered...

10 tokens that defined 2025 wildest trades

10 tokens that defined 2025 wildest trades

by FeeOnlyNews.com
December 25, 2025
0

The year opened with a sitting president launching his own token three days before inauguration and closed with researchers proving...

Next Post
Links 9/24/2025 | naked capitalism

Links 9/24/2025 | naked capitalism

Bitcoin: Short-Term Selling Pressure Building Amid Fed Rate-Cut Uncertainty

Bitcoin: Short-Term Selling Pressure Building Amid Fed Rate-Cut Uncertainty

  • Trending
  • Comments
  • Latest
EBRI: 401(k) loans serve as health and housing lifeline

EBRI: 401(k) loans serve as health and housing lifeline

December 16, 2025
What is a credit card spending limit — and what to know

What is a credit card spending limit — and what to know

August 4, 2025
Links 12/10/2025 | naked capitalism

Links 12/10/2025 | naked capitalism

December 10, 2025
BAT to offload ITC Hotels shares worth Rs 2,948 crore via a block deal

BAT to offload ITC Hotels shares worth Rs 2,948 crore via a block deal

December 4, 2025
5 Senior Discounts Being Eliminated by National Retailers

5 Senior Discounts Being Eliminated by National Retailers

December 7, 2025
AT&T promised the government it won’t pursue DEI

AT&T promised the government it won’t pursue DEI

December 4, 2025
4 Major Economic Shifts Coming in 2026 (And How to Position Your Money Now)

4 Major Economic Shifts Coming in 2026 (And How to Position Your Money Now)

0
Gold to end US dollar’s hegemony, become primary central bank reserve asset: Peter Schiff

Gold to end US dollar’s hegemony, become primary central bank reserve asset: Peter Schiff

0
Peace on Earth, Goodwill Towards Refs

Peace on Earth, Goodwill Towards Refs

0
Bitcoin’s Price Tiptoes on the Edge: Will K Be the Launchpad or the Trapdoor?

Bitcoin’s Price Tiptoes on the Edge: Will $89K Be the Launchpad or the Trapdoor?

0
Robots are like us: struggling with baby goats, car nightmares, and LA-to-Miami Beach culture shock

Robots are like us: struggling with baby goats, car nightmares, and LA-to-Miami Beach culture shock

0
The 4 Best Types of Rental Properties for NEW Investors to Buy

The 4 Best Types of Rental Properties for NEW Investors to Buy

0
Robots are like us: struggling with baby goats, car nightmares, and LA-to-Miami Beach culture shock

Robots are like us: struggling with baby goats, car nightmares, and LA-to-Miami Beach culture shock

December 26, 2025
Bitcoin’s Price Tiptoes on the Edge: Will K Be the Launchpad or the Trapdoor?

Bitcoin’s Price Tiptoes on the Edge: Will $89K Be the Launchpad or the Trapdoor?

December 26, 2025
4 Major Economic Shifts Coming in 2026 (And How to Position Your Money Now)

4 Major Economic Shifts Coming in 2026 (And How to Position Your Money Now)

December 26, 2025
Virginia man warns US drivers after county values 3.5-year-old van at ,200, far above its real worth

Virginia man warns US drivers after county values 3.5-year-old van at $42,200, far above its real worth

December 26, 2025
The 4 Best Types of Rental Properties for NEW Investors to Buy

The 4 Best Types of Rental Properties for NEW Investors to Buy

December 26, 2025
8 red flags someone is faking kindness to hide who they really are

8 red flags someone is faking kindness to hide who they really are

December 26, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Robots are like us: struggling with baby goats, car nightmares, and LA-to-Miami Beach culture shock
  • Bitcoin’s Price Tiptoes on the Edge: Will $89K Be the Launchpad or the Trapdoor?
  • 4 Major Economic Shifts Coming in 2026 (And How to Position Your Money Now)
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.