Vitalik Buterin Highlights Potential of 5 Cryptocurrency Projects
Date: 2024-02-14 Author: Dima Zakharov Categories: IN WORLD
Vitalik Buterin's Recognition
Vitalik Buterin, the esteemed figure in the cryptocurrency community, has been actively evaluating blockchain systems, contributing his expert opinion to the Ethereum community and the wider crypto space. His endorsement significantly impacts the community's actions, drawing attention to projects he recognizes.
Worldcoin: Revolutionizing Biometric Data Collection
In one of his articles, Buterin praised Worldcoin, a cryptocurrency project focused on biometric data collection through eye scans. Founded by Sam Altman, Max Novendstern, and Alex Blania in 2019, Worldcoin launched its token, WLD, on July 24, 2023, with a circulating supply of 124,983,535 tokens.
BitTensor: Decentralized Machine Learning
Apart from Worldcoin, Buterin also shed light on BitTensor, an open-source protocol underlying a decentralized machine learning network. With a maximum token supply of 21,000,000, approximately 6,229,868 TAO tokens are currently in circulation.
Farcaster: The Decentralized Social Network
Another project endorsed by Buterin is Farcaster, a decentralized social network built on Ethereum. Despite not having its token yet, anticipation around Farcaster has boosted NFT prices in its thematic niche.
StarkNet: Scaling Ethereum's Capabilities
Buterin expressed his opinion on StarkNet, a layer 2 network on Ethereum, offering scalability for decentralized applications (dApps) while maintaining Ethereum's security. Although the STRK token is not yet launched, the crypto community eagerly awaits its release.
Ethereum Name Service (ENS): Simplifying Addressing
Buterin emphasized the significance of Ethereum Name Service (ENS), which converts complex Ethereum addresses into human-readable ones, promoting wider token recognition. With a maximum supply of 100,000,000 tokens, 30,780,943 ENS tokens are currently in circulation.
In 2024, keeping an eye on these five projects recognized by Vitalik Buterin is crucial for staying informed in the crypto landscape.
