• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
  • Disclaimer
Monday, August 26, 2024
CryptoBangs.com
Advertisement
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator
No Result
View All Result
CryptoBangs.com
No Result
View All Result

Ethereum Co-Founder Identifies Top Risks Facing Tech Today

August 26, 2024
in Bitcoin
Reading Time: 3 mins read
A A
Ethereum Co-Founder Identifies Top Risks Facing Tech Today
ShareShareShareShareShare

Related articles

New Breakthroughs Propel Render Price Up 11%

New Breakthroughs Propel Render Price Up 11%

August 25, 2024
Colombian Data Protection Authority Formulates Charges Against Worldcoin

Colombian Data Protection Authority Formulates Charges Against Worldcoin

August 25, 2024

Vitalik Buterin, one of the co-founders of Ethereum, has sounded the alarm over several emerging threats to technological freedoms and, by extension, a number of the crypto community’s core values.

In a blog post, Buterin warned against political attacks on encrypted messaging, centralized identity systems, and insecure operating systems, and growing power of a few social media platforms and dominant countries to censor and deplatform people all around the world.

Encrypted Messaging Under Attack

Buterin’s first concern is that political attacks on encrypted messaging are picking up steam. He believes that the right to private conversation is a fundamental one, and it was one of the tenets of the cypherpunk ethos underpinning the crypto movement. Governments worldwide have ratcheted up threats against messaging services to weaken their encryption or add backdoors at the potential risk to user privacy.

One other thing I would add, is that we should all agree that finance *isn’t enough*. There are sooooo many centralization points that are rapidly growing and threats in the world’s technology today:

* Ongoing political attacks on encrypted messaging
* Centralized identity…

— vitalik.eth (@VitalikButerin) August 25, 2024

Centralized Identity And Credit Scores

He further warns that the rise of centralized identity systems with credit scores will turn out broadly corrosive to individual autonomy. These systems are harmful in that they put the power concentrated in the hands of very few entities who can further use them to surveil, control, and even discriminate against citizens on the basis of their digital profiles.

Insecure Operating Systems And Backdoors

Another threat Buterin pointed out was that proprietary operating systems are bug-ridden and full of backdoors. The reason, he argues, is that having closed-source software means it’s less secure and more feasible to exploit for various actors, including governments. Buterin believes that what is actually required is the massive adoption of open source, auditable operating systems in order to avoid these risks.

Total crypto market cap currently at $2.2 trillion. Chart: TradingView

Social Media Censorship And Centralization

Buterin warns of the very trend of increasing power of social media platforms to censor and deplatform at will, bending to the whim of governments. He criticizes the fact that opacity and centralization characterize social media algorithms, which allow them to be used in shaping information and public discourse.

Buterin specifically expresses the view that the web has been overcome by strong nations, which created geopolitical chokepoints that may shut down people or organizations across the world. He treats this trend as an undermining of the decentralized, worldwide aspect of the internet; taking away individual liberties by threatening freedom of expression and access to information is at stake here.

Ethereum: Centralized AI And Mind-Reading Tech

Finally, Buterin warns that if centralized AI and BCIs get into the wrong hands, they will be very dangerous. The aforementioned will conduct unprecedented surveillance, deplatforming, and economic domination. As such, Buterin asks for a development of decentralized, privacy-preserving AI and BCI solutions so that the risks could at least be mitigated.

Buterin’s warnings underline how important defending technological liberties is in the face of these emerging dangers. He feels that the crypto community needs to take a proactive stance in touting values that gave birth to Bitcoin and Ethereum: privacy, decentralization, and individual autonomy.

Featured image from FutureCIO, chart from TradingView


Credit: Source link

ShareTweetSendPinShare
Previous Post

AI Predicts Tron (TRX) Price For September 1st, 2024

Next Post

Top Crypto Presale Websites – Explore MoonBag’s Outstanding APY and PawFury’s $5.4 Million Milestone Following SunWUKONG’s Mythology

Related Posts

New Breakthroughs Propel Render Price Up 11%

New Breakthroughs Propel Render Price Up 11%

August 25, 2024

Render continues its bullish rally with a cool 11% increase as noted by CoinGecko. Although the market has dipped slightly,...

Colombian Data Protection Authority Formulates Charges Against Worldcoin

Colombian Data Protection Authority Formulates Charges Against Worldcoin

August 25, 2024

The Colombian Industry and Commerce Superintendence (SIC), the personal data protection authority of the country, has formulated charges against Worldcoin,...

Institutional Investors Propel Bitcoin ETFs to Record-Breaking Adoption

Institutional Investors Propel Bitcoin ETFs to Record-Breaking Adoption

August 25, 2024

You don’t have to have had your eyes glued to the markets recently to have noticed that Bitcoin ETFs have...

Major Partnership Pushes OP Price By 24%

Major Partnership Pushes OP Price By 24%

August 24, 2024

As the market gains more bullish momentum, Optimism (OP) investors become more enthusiastic after this week’s price actions. According to...

Bitcoin’s Reign Unchallenged: Altcoin Season Continues to Fade Into Obscurity

Bitcoin’s Reign Unchallenged: Altcoin Season Continues to Fade Into Obscurity

August 24, 2024

Market data reveals that bitcoin’s market capitalization now stands at 56%, representing a 47.36% growth since Nov. 2022. Although the...

Load More
Next Post
Top Crypto Presale Websites – Explore MoonBag’s Outstanding APY and PawFury’s $5.4 Million Milestone Following SunWUKONG’s Mythology

Top Crypto Presale Websites - Explore MoonBag’s Outstanding APY and PawFury’s $5.4 Million Milestone Following SunWUKONG’s Mythology

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ethereum Co-Founder Identifies Top Risks Facing Tech Today

Ethereum Co-Founder Identifies Top Risks Facing Tech Today

August 26, 2024
Sunpepe Price Prediction: SUNPEPE On Tron Soars 315% As This Rival PEPE ICO Surges Towards $11 Million

Sunpepe Price Prediction: SUNPEPE On Tron Soars 315% As This Rival PEPE ICO Surges Towards $11 Million

August 25, 2024
TON Ventures Invests in GAMEE to Expand Web3 Ecosystem

TON Ventures Invests in GAMEE to Expand Web3 Ecosystem

August 19, 2024
New Cryptocurrency Releases, Listings, & Presales Today – TARS AI, Octokn, Kelp DAO Wrapped rsETH

New Cryptocurrency Releases, Listings, & Presales Today – TARS AI, Octokn, Kelp DAO Wrapped rsETH

August 19, 2024
Historical Data Suggests Bitcoin Could Rise 1,000%, Here’s Why

Historical Data Suggests Bitcoin Could Rise 1,000%, Here’s Why

August 22, 2024
CryptoBangs.com

CryptoBangs.com is an online news portal that aims to share the latest crypto news, bitcoin, altcoin, blockchain, nft news and much more stuff like that.

What’s New Here!

  • Top Crypto Presale Websites – Explore MoonBag’s Outstanding APY and PawFury’s $5.4 Million Milestone Following SunWUKONG’s Mythology
  • Ethereum Co-Founder Identifies Top Risks Facing Tech Today
  • AI Predicts Tron (TRX) Price For September 1st, 2024
  • New Breakthroughs Propel Render Price Up 11%

Newsletter

Don't miss a beat and stay up to date with our Newsletter!
Loading

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
  • Disclaimer

© 2023 - CryptoBangs.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator

© 2018 JNews by Jegtheme.

  • bitcoinBitcoin(BTC)$64,171.00-0.23%
  • ethereumEthereum(ETH)$2,763.92-1.22%
  • tetherTether(USDT)$1.00-0.05%
  • binancecoinBNB(BNB)$575.83-2.16%
  • solanaSolana(SOL)$159.35-1.39%
  • usd-coinUSDC(USDC)$1.00-0.09%
  • rippleXRP(XRP)$0.60-3.28%
  • staked-etherLido Staked Ether(STETH)$2,763.14-1.17%
  • dogecoinDogecoin(DOGE)$0.109962-4.17%
  • the-open-networkToncoin(TON)$5.87-13.70%
  • tronTRON(TRX)$0.1646133.05%
  • cardanoCardano(ADA)$0.385975-3.63%
  • Wrapped stETHWrapped stETH(WSTETH)$3,254.16-0.78%
  • avalanche-2Avalanche(AVAX)$26.98-2.63%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$64,064.00-0.21%
  • shiba-inuShiba Inu(SHIB)$0.000015-5.94%
  • WETHWETH(WETH)$2,765.29-1.05%
  • chainlinkChainlink(LINK)$12.12-2.67%
  • bitcoin-cashBitcoin Cash(BCH)$359.66-2.25%
  • polkadotPolkadot(DOT)$4.81-5.36%
  • nearNEAR Protocol(NEAR)$4.93-5.27%
  • leo-tokenLEO Token(LEO)$5.79-0.78%
  • daiDai(DAI)$1.00-0.12%
  • uniswapUniswap(UNI)$6.63-6.47%
  • matic-networkPolygon(MATIC)$0.53-8.16%
  • litecoinLitecoin(LTC)$65.12-3.91%
  • Wrapped eETHWrapped eETH(WEETH)$2,893.04-0.86%
  • kaspaKaspa(KAS)$0.170099-3.81%
  • internet-computerInternet Computer(ICP)$8.54-4.40%
  • PepePepe(PEPE)$0.000009-7.24%
  • aptosAptos(APT)$7.381.18%
  • fetch-aiArtificial Superintelligence Alliance(FET)$1.377.04%
  • moneroMonero(XMR)$169.88-1.26%
  • First Digital USDFirst Digital USD(FDUSD)$1.00-0.08%
  • ethereum-classicEthereum Classic(ETC)$20.19-3.47%
  • stellarStellar(XLM)$0.101181-2.21%
  • Ethena USDeEthena USDe(USDE)$1.000.03%
  • blockstackStacks(STX)$1.82-1.93%
  • suiSui(SUI)$1.01-2.47%
  • BittensorBittensor(TAO)$352.232.73%
  • render-tokenRender(RENDER)$6.32-0.27%
  • filecoinFilecoin(FIL)$4.18-2.64%
  • crypto-com-chainCronos(CRO)$0.088497-3.31%
  • okbOKB(OKB)$39.08-2.95%
  • immutable-xImmutable(IMX)$1.48-1.91%
  • injective-protocolInjective(INJ)$21.99-2.88%
  • hedera-hashgraphHedera(HBAR)$0.058794-4.09%
  • arbitrumArbitrum(ARB)$0.60-4.45%
  • vechainVeChain(VET)$0.025366-3.63%
  • aaveAave(AAVE)$137.52-1.18%
WP Twitter Auto Publish Powered By : XYZScripts.com