Vitalik: Wanxiang may save "Ethereum's life," and he may never be able to return to Russia
ChainCatcher news, Ethereum co-founder Vitalik Buterin stated in an interview with Wu Blockchain that after the Ethereum main chain was launched in 2015, the foundation was nearly out of funds. Wanxiang purchased 410,000 Ether at a price of $1.20 each, investing a total of $500,000 to support the foundation's development, which may have "saved the foundation's life." Vitalik believes that the idea of large blocks is more correct, but the lack of execution capability is the main reason for its failure. He pointed out that the Bitcoin community is currently too focused on price, and the prospects for technological development are not optimistic.
Regarding the Russia-Ukraine war, Vitalik stated that this conflict has completely changed him. After publicly supporting Ukraine, he realized that he might never be able to return to Russia and could even face a 10-15 year prison sentence.
As for Ethereum's positioning, Vitalik prefers the concept of a "world computer," believing that it is not just a chain, but an ecosystem that can support various applications.