Buterin made this statement in response to a tweet from Celestia blockchain partner Nick White, who wrote on social media X that the main purpose of any blockchain is to be verifiable, regardless of the method.
He suggested that transactions be verified by decentralized committees.
However, Buterin disagreed with this idea, saying that even such committees could make Ethereum centralized and dependent on them.

Buterin added that blockchains should be open to anyone running nodes. This approach would ensure that governance remains distributed and not concentrated among a select few.

"If Ethereum abandons verifiability and then implements committees and centralized intermediaries, it will cease to be Ethereum to me . Decentralization is necessary for blockchain to thrive," Buterin wrote.

In August, the Ethereum co-founder said he prefers to use applications that do not sacrifice the principles of decentralization.
In particular, Buterin singled out the stablecoin RAI and the forecasting platform Polymarket. Buterin recently criticized OpenAI for moving to a closed-source model, accusing it of not prioritizing user safety.

Read more

Read more

AUSTRAC CEO Brendan Thomas acknowledged that crypto ATMs can be used to conduct quick cryptocurrency transactions. However, this makes them attractive tools for criminals laundering money. Thomas noted that crypto ATMs are easy to find in retail outlets and other public places, so AUSTRAC will continue to monitor the installation of new devices to reduce the illegal use of cryptocurrencies in Australia.

There are currently 680 Coinflip ATMs, 465 Localcoin ATMs, 75 Cryptolink ATMs and 30 Nova ATMs installed in Australia.

Thomas said AUSTRAC plans to set up a special department to monitor whether crypto ATM operators comply with regulations. Operators must register with AUSTRAC and obtain a license to operate, verify the identity of their customers, and monitor transactions. They must also report any suspicious activity if the amount of cash withdrawn or deposited exceeds A$10,000 (about $6,500). Violators face large fines, Thomas warned.

"As digital assets and crypto ATMs become more popular, there may be an increase in the number of cases where these devices are used for criminal purposes. The new taskforce will work to stop illegal activity in cryptocurrencies," the AUSTRAC CEO said.

According to Coin ATM Radar, the number of crypto ATMs in Australia has skyrocketed 16-fold from September 2022 to the end of 2023. This has made the country the third-largest country in the world for crypto ATMs, behind the US and Canada.

Read more

Read more

Tron (TRX) cryptocurrency has risen 16% in the last 24 hours and is now trading at $0.238. Over the last month, the crypto asset has grown by 41%. The coin's market capitalization has exceeded a record $20.4 billion. TRX's daily trading volume has doubled to $2.3 billion.

The rise in Tron’s price comes amid increased activity from major crypto investors, who have amassed over 76 million TRX in a short period of time. According to IntoTheBlock, on Monday, December 2, the number of large transactions involving the token worth $100,000 or more increased from 244 to 722. The total value of these transactions reached $432 million.

Transactions with TRX

On the other hand, from November 30 to December 2, Tron saw a net inflow of 81 million TRX to exchanges. This suggests that investors are preparing to lock in short-term profits. Such a massive sell-off could trigger a fall in the asset's price.

The Relative Strength Index (RSI) on the daily TRX chart is also above 70, indicating that the cryptocurrency is slightly overbought.

However, some analysts believe that TRX's new all-time high is a sign of the start of an altcoin season that could last into 2025.

Read more

Read more