Ethereum white paper predicted DeFi but missed NFTs: Vitalik Buterin

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Ethereum co-founder Vitalik Buterin shares a list of decade-old predictions that stood the test of time.

“A lot correct , though incentivized file storage + compute hasn't taken off that much , and of course I completely missed NFTs.”

Concluding the findings, Buterin supported the instincts that helped him correct mistakes early on, stating: “On tech, I was more often right on abstract ideas than on production software dev issues. Had to learn to understand the latter over time.”In early December, Buterin shared his vision for a “plausible roadmap” for ETH 2.0, suggesting “a second tier of staking, with low resource requirements” for distributed block validation.

Additionally, he proposed the introduction of fraud-proof or ZK-SNARKS that can serve as a cheaper alternative for users to check block validity. According to Buterin: “[With these updates] We get a chain where block production is still centralized, but block validation is trustless and highly decentralized, and specialized anti-censorship magic prevents the block producers from censoring.”

 

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And missed about the gas fee

Why everybody silent about this?

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