Vitalik Buterin, the Russian-Canadian computer programmer who created one of the most prominent decentralized global software platforms powered by blockchain technology, has disclosed an ambitious vision of creating a whole new Ethereum country.
The crypto genius appeared this week on the podcast “The Network State” hosted by Balaji Srinivasan – the American entrepreneur, investor and former chief technology officer of the publicly traded company Coinbase – and shared his vision of creating a new country, specifically an Ethereum country .
The host asked Buterin multiple questions, including “if you could start a new country, how would you?
Srinivasan also asked if the said country would be, after all Ethereum-based.
The crypto genius shared that in the new city or new country built by the people in the Ethereum community, citizens should not be under any impression that if they are an Ethereum person, they are expected to like a particular thing.
He also noted that building a successful Ethereum world connotes avoiding the “trap of intersectional activism.”
Buterin said, “I want to avoid getting into a trap like intersectional activism where you start by creating a community around one cause and then you know you start kind of like adding on more and more of the exact coalition partners that have their own causes that you know they’re they’re good at expressing in your language but then a lot of the time when you poke into the details you just end up getting stuck in a mindset.”
The crypto genius further noted that “AI and Ethereum world are natural places to start anything new, and they will inevitably be big parts of any new city or country created.”
Buterin’s vision came a few days after he revealed that Ethereum, the world’s leading smart contract, still faces a major challenge despite the fact that it has just transitioned from a proof-of-work to a proof-of-stake mechanism.
The computer whiz said that privacy is still a major challenge for Ethereum to this day but acknowledged that “improving this state of affairs is an important problem, and this is widely recognized. So far, however, discussions on improving privacy have largely centered around one specific use case: privacy-preserving transfers (and usually self-transfers) of ETH and mainstream ERC20 tokens.”
Buterin said that at the moment, the best way to resolve privacy on Ethereum is via stealth addresses.
“Basic stealth addresses can be implemented fairly quickly today, and could be a significant boost to practical user privacy on Ethereum,” he said in a blog post in January.