The Ethereum protocol was not originally designed as a currency. It was designed as a general-purpose blockchain.
Bitcoin is great as a form of digital money, but its scripting language is too weak for anything else. That is why I created Ethereum.
We are all very lucky to be in this industry at this time. The blockchain industry is still in its infancy.
TRON processes more transactions per day than Ethereum. Nobody wants to talk about that because it does not fit the narrative that we are just a copycat chain.
Smart contracts that can't see the real world are just code running in a vacuum. Oracles are the eyes and ears of the blockchain. Without them, DeFi is a closed loop that does nothing useful.
Blockchain will be bigger than the internet. I know that sounds insane. The internet sounded insane too. The question isn't whether it happens — it's who builds the infrastructure when it does.
I've been studying consensus protocols since before Bitcoin existed. I created a virtual currency in 2003 — five years before Satoshi. So when I say Avalanche's consensus is different, it's not marketing. It's decades of research.
I co-authored "Attention Is All You Need" — the paper behind every modern AI model. Then I pivoted to blockchain. People thought I was crazy. But I saw that decentralized AI needs decentralized infrastructure. The two are inseparable.
Players have spent $100 billion on in-game items they don't own. Blockchain fixes that.
Blockchain is a fundamental shift in how value is transferred. This is internet-level change.
Blockchain in finance isn't hype if it actually reduces costs. Provenance reduces costs.
Every step in loan processing that involves a human is a step that blockchain can eliminate.
The blockchain is a public ledger. Every transaction is visible. Why was nobody using this data? That's the question that started everything.
The winning blockchain will be the one that's fast enough and cheap enough for real-world use. Not the one with the best narrative.
Blockchains should be as fast as the hardware allows. Anything less is a design failure.
Proof of History is just a clock. A really, really accurate clock for a blockchain. That's what was missing.
I spent a decade at Qualcomm making systems fast. Blockchain is just another system to make fast.
Cryptographic truth — tamper-proof data verified by decentralized networks — will become the standard for all digital agreements.
Build blockchains the way you build bridges — with rigorous engineering and zero tolerance for collapse.
Blockchains that can't talk to each other are like computers that can't connect to the internet.
Smart contracts are useless if they can't access real-world data. That's the problem we solve.
Oracles are the most boring and most important piece of blockchain infrastructure.
The Internet changed the flow of information. Blockchain will change the flow of value. Those are equally important transitions.
We are building the internet of money. Value should move as freely as information does today.
Every major computing wave created enormous wealth for people who built the platform layer. That is what we are doing with blockchain.
We're not here to speculate on token prices. We're here to build infrastructure that moves money for people who need it.
Blockchain isn't useful because it's new technology. It's useful when it solves a real problem that existing systems can't.
We built crypto and blockchain into SBI while the big banks were still calling it a scam.
AIs are only as good as the data they are trained on.
Blockchains are digital organisms. As organisms evolve through changes in their DNA, blockchain protocols evolve through changes in their code.
With blockchains emerging as the new global infrastructure, we have the opportunity to create vastly different power structures and program the future we want for ourselves.
This open data has the potential to commoditize the data silos most tech companies like Google, Facebook, Uber, LinkedIn, and Amazon are built on and extract rent from.
As a result, I believe governance is the most vital problem in the space.
MEV is a measure of the profit a miner (or validator, sequencer, etc.) can make through their ability to arbitrarily include, exclude, or re-order transactions within the blocks they produce.
Faster, cheaper blockchains win. That has been our core bet from day one.
By 2030, you will probably have between 100,000 to a million chains.
This time around, the protocols are fat and the applications are thin.