featured-image

The post Vitalik Buterin’s New Upgrade Could Future-Proof Ethereum Against Bitcoin Threat appeared first on Coinpedia Fintech News

Ethereum, one of the biggest forces in blockchain technology, is once again under the spotlight.

With growing concerns about its scalability issues, especially as more users turn to Layer-2 platforms like Arbitrum and Optimism, doubts are rising about whether Ethereum can handle the future demand.

Now, co-founder Vitalik Buterin



Full name

Vitaly Dmitrievich Buterin

Birth

31-01-1994, Kolomna, Russia

Education

University of Waterloo

Wife/Partner

To be updated / Not Married

Famous for

Ethereum, ETH, Blockchain advocate/promoter 

Net Worth

$1B (refer for realtime)

 
Buterin recognized the need for decentralized finance and used smart contracts to publish the Ethereum whitepaper.  His contributions paved the way for Ethereum’s transition to Proof-of-Stake, which proved to be scalable and effective. Furthermore, he introduced Ether (ETH), the blockchain platform’s native coin.
A Timeline of Vitalik’s Career

Co-founded Bitcoin Magazine (2011) – Established one of the first crypto publications, writing extensively on Bitcoin and blockchain.
Authored Ethereum Whitepaper (2013) – Proposed a blockchain with smart contract functionality for decentralized applications (dApps).
Co-founded Ethereum (2015) – Launched Ethereum after a successful $18M ICO, revolutionizing the blockchain ecosystem.
Developed Ethereum Virtual Machine (2015–2016) – Created the EVM, enabling developers to build and deploy smart contracts.
Worked on Ethereum Scalability (2017–2021) – Contributed to Layer 2 solutions like Rollups, Plasma, and Sharding.
Led Ethereum’s Transition to Proof-of-Stake (2018–2022) – Helped develop and implement Ethereum 2.0, merging the Beacon Chain in 2022.
Blockchain Research & Cryptography (2016–Present) – Focused on zk-SNARKs, privacy tech, and decentralized governance models.
Philanthropy & Crypto Advocacy (2017–Present) – Donated millions in crypto for pandemic relief, AI research, and financial inclusion.

 
Key Achievements of Ethereum’s Co-founder
 

Year 

Achievements

Details

2014

Thiel Fellowship

Awarded a $100,000 grant by Peter Thiel to work on Ethereum.

2018

Fortune 30 Under 30

Recognized as one of the most influential young leaders in technology.

2018

World Technology Award in IT Software

Honored for contributions to blockchain and Ethereum’s development.

2021

Time 100 Most Influential People

Recognized for his impact on the global crypto and blockchain ecosystem.

2022

Ethereum’s Transition to Proof-of-Stake

Successfully led Ethereum’s transition from Proof-of-Work to Proof-of-Stake.

 

Other Useful links to connect with Vitalik Buterin
 

Platform

Link

X (formerly Twitter)

GitHub

https://github.com/vbuterin

Ethereum Official Website

https://ethereum.org

Vitalik’s Blog

https://vitalik.ca

 
 

EntrepreneurCrypto and Blockchain Expert




has stepped in with a surprising new plan — and it’s stirring up major conversation. His latest move comes right after strong criticism from Cardano’s founder Charles Hoskinson



Full Name

Charles Hoskinson

Birth

05-11-1987 in Hawaii, United States

Nationality

American

Education

University of Colorado Boulder, Metropolitan State University of Denver

Marital Status

Unmarried as of 2025

Net Worth

Estimated around $700 million

Charles Hoskinson’s work in cryptography, digital assets, and blockchain promotion has recognized him in the crypto. His efforts in developing blockchain have greatly contributed to the advancement of DeFi and blockchain networks globally.
Charles Hoskinson – Professional Career Timeline

2013 – Co-founded Ethereum (ETH), contributing to smart contracts and decentralized applications.
2014 – Left Ethereum over governance disputes and founded IOHK (Input Output Hong Kong).
2015 – Started developing Cardano (ADA), a third-generation blockchain with a proof-of-stake (PoS) model.
2017 – Launched Cardano mainnet, introducing scalable and secure blockchain solutions.
2019 – Led Cardano’s Shelley upgrade, enhancing network decentralization and staking rewards.
2021 – Rolled out Alonzo hard fork, enabling smart contracts and DeFi on Cardano.
2022 – Expanded Web3, governance, and blockchain adoption via Cardano’s Vasil hard fork.
2023 – Advocated financial inclusion and blockchain education in Africa and developing nations.
2024 – Advanced self-sovereign identity and on-chain governance with Cardano’s latest updates.
Present – Continues shaping blockchain innovation, DeFi, and decentralized ecosystems through IOHK.

He has collaborated with various tech experts and blockchain startups. Charles sees decentralized finance as a tool for financial freedom. He also educates crypto beginners through social media sites, conferences, and tech channels.
Useful Links to Connect With Charles Hoskinson

Platform

Link

X (formerly Twitter)

Charles Hoskinson (@IOHK_Charles) / X

LinkedIn profile

Charles Hoskinson – Self-employed | LinkedIn

Cardano Foundation

Cardano Foundation

YouTube profile

https://www.youtube.com/c/charleshoskinson


Chief Executive Officer



, who believes Ethereum’s days are numbered.

“I don’t think Ethereum will survive more than ten or fifteen years. The Layer-2s will drain all the value, and users will migrate elsewhere, eventually getting eclipsed by Bitcoin,” said Charles Hoskinson.

Vitalik Buterin, however, had no intention of letting that prediction go unchallenged.

Is Ethereum really at risk of falling behind? Or is it about to launch its most powerful upgrade yet? Let’s dive into what’s unfolding.

Vitalik Buterin’s Layer-Zero Update

In a bold move, Buterin introduced a major new upgrade plan: a Layer-Zero proposal that aims to rebuild Ethereum’s core foundation.

The proposal suggests transitioning from the current Ethereum Virtual Machine (EVM) to a far more efficient zkVM system, based on RISC-V standards.

The improvements this upgrade could bring are nothing short of dramatic:

  • It would require up to 832 times fewer computational cycles than the current EVM.
  • Proving cycles would be reduced by 95.7%, making transactions much faster.
  • Throughput could increase by 30 times thanks to GPU acceleration.
  • Proof compression would shrink from 346MB to just 1.5MB, making the blockchain far more lightweight.

If successful, these changes could significantly boost Ethereum’s efficiency, cut transaction fees, and strengthen its competitiveness in an increasingly crowded blockchain market.

.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}

.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}

.entry ul.article-inside-link li:last-child {
display: none;
}

Could Layer-Zero Secure Ethereum’s Future?

What makes this upgrade particularly important is that it could lessen Ethereum’s dependence on external Layer-2 solutions.
This strikes directly at the heart of Hoskinson’s criticism, offering a new path that keeps value within Ethereum’s own network.

By upgrading the base layer, Buterin’s plan could make Ethereum faster, cheaper to use, and more attractive for both developers and users, helping the network maintain its dominance even as blockchain technology keeps advancing.

Although still in the proposal phase, this upgrade is already making waves. If brought to life, it could dramatically reshape Ethereum’s future and prove that it is more resilient than its critics claim.

Ethereum’s Next Big Chapter

Vitalik Buterin’s quick and forward-thinking response shows that Ethereum is ready to evolve, not retreat.

Rather than being overshadowed by new platforms, Ethereum is preparing to reinvent itself and strengthen its leadership for the long term.

For Ethereum’s global community of users, developers, and investors, the next few years could be some of the most important in the platform’s history.

.article_register_shortcode {
padding: 18px 24px;
border-radius: 8px;
display: flex;
align-items: center;
margin: 6px 0 22px;
border: 1px solid #0052CC4D;
background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%);
}

.article_register_shortcode .media-body h5 {
color: #000000;
font-weight: 600;
font-size: 20px;
line-height: 22px;
text-align:left;
}

.article_register_shortcode .media-body h5 span {
color: #0052CC;
}

.article_register_shortcode .media-body p {
font-weight: 400;
font-size: 14px;
line-height: 22px;
color: #171717B2;
margin-top: 4px;
text-align:left;
}
.article_register_shortcode .media-body{
padding-right: 14px;
}

.article_register_shortcode .media-button a {
float: right;
}
.article_register_shortcode .primary-button img{
vertical-align: middle;
width: 20px;
margin: 0;
display: inline-block;
}

@media (min-width: 581px) and (max-width: 991px) {
.article_register_shortcode .media-body p {
margin-bottom: 0;
}
}

@media (max-width: 580px) {
.article_register_shortcode {
display: block;
padding: 20px;
}

.article_register_shortcode img {
max-width: 50px;
}

.article_register_shortcode .media-body h5 {
font-size: 16px;
}

.article_register_shortcode .media-body {
margin-left: 0px;
}

.article_register_shortcode .media-body p {
font-size: 13px;
line-height: 20px;
margin-top: 6px;
margin-bottom: 14px;
}

.article_register_shortcode .media-button a {
float: unset;
}

.article_register_shortcode .secondary-button {
margin-bottom: 0;
}
}

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

.subscription-options li {
display: none;
}
.research-report-subscribe{
background-color: #0052CC;
padding: 12px 20px;
border-radius: 8px;
color: #fff;
font-weight: 500;
font-size: 14px;
width: 96%;
}
.research-report-subscribe img{
vertical-align: sub;
margin-right: 2px;
}

var templateIds = “6”;
var listOfSubscribed = [];

function subscribed_popupmodal(template_id) {
var templateId = ‘6’;
getAllSubscriberCategoryList([templateId]);
var subcribemodal = window.parent.document.getElementById(‘subscribe-modal-design’);
if (subcribemodal) {
var modalContent = `