Buterin held a closed meeting with Russian blockbuster entrepreneurs

Bouterica's thesis from a closed meeting: "There are a large number of blocking applications not associated with the ICO. Think! "

The founder of Ethereum platform, Vitalik Buterin, held a private meeting in Moscow with Russian blockbuster entrepreneurs and bank representatives. During the meeting, Buterin told about the plans for the development of the ecosystem Ethereum, shared his observations on the development of the Russian crypto community, and invited programmers to participate in the development of Plasma. We retell the main topics voiced by Vitalik Buterin.

About sci-projects and ICO

Despite the opinion that 80% of ICO projects are scum, their names are rarely mentioned in public space, because:

a) people do not want to make themselves ill-wishers in a crypto community;

b) there is a risk that the project will not be a bench, and the investor will spoil his reputation.

Scam projects should be separated from substandard - the proportion of projects that are considered scum, in fact, is less than it is commonly believed.

There are a large number of blocking applications not associated with ICO. Think!

Recall, on June 13, 2017 Vitalik Buterin wrote on Twitter that he would not participate in any future projects coming out on the ICO, as an advisor. "There are too many projects in 2017. The best way 2 help them is to improve Ethereum, "he explained his position.

About competitor platforms

Platforms that try to compete with Ethereum are often more centralized, they have fewer nodes responsible for consensus, and users can not verify the transparency of the blocking system themselves. This is because by offering some advantages over Ethereum, developers are compelled in other aspects to make sacrifices.

On the transition to Metropolis

The transition to Metropolis will begin in two months, the main purpose of the fork is to use algorithms of advanced cryptography to make it easier to build applications that maintain confidentiality.

About the Russian crypto community

The Russian crypto community is different in scale. In other countries to collect a large bitcoin-conference for a couple of days is much more difficult.

Creation by banks of crypto-ecosystems

Large banks that can build their crypto-ecosystem and work directly with Ethereum, a little - among them, perhaps, JP Morgan. Therefore Ethereum will depend on people in the community who build ecosystems for banks.

About cryptobanks

Crypto banks that use crypto currency as a unit of measure for issuing loans and accepting deposits are a risky story for the consumer because of the high volatility of the exchange rate. But if the word "cryptobank" means the ability to store funds, this is a normal model that has existed for 4 years already, and in which there is practically no risk for the user.

On global goals and international relations

Ethereum is a global open system that supports the whole world. The team has good relations with some people in China, negotiations were also conducted with the central banks of Taiwan and Singapore. The company believes that technology should not be involved in political conflicts, but should help make the world system more transparent, open and friendly.

A closed business dinner with the participation of Bouteria was opened by a networking session of block projects and a speech by Alexey Blagiryov, Director for Innovation of FC Otkrytie. Blagirev shared his feelings about the "human dimension" of the Russian blockbuster industry with the participants. "The most important problem now is people, because there are not enough people who would not just plunge deep into the technological background (for example, how consensus is considered), but in a practical business case (for example, where you can use the block system). The problem is to competently defend and justify a business case. These people are badly missing, "said Blagirev.

Representatives of Sberbank CIB, Alfa-Bank, FC Otkrytiye, the working group of the State Duma on risk assessment of turnover of crypto-currencies, Acronis and many others took part in the closed meeting. The event was conducted by investor and director Iskander.vc Anton Zanimonets.