Ethereum's Vitalik Buterin Named Two 'Underrated' Blockchain Use-Cases

Wed, 01/22/2020 - 12:41
Vladislav Sopov
Ethereum (ETH) is well-known as a platform for multiple real-world use-cases. So, when it comes to potential underrated sectors, Vitalik is worth listening to.
Cover image via

Typically, since 2017, leaders of crypto behemoths have avoided publicly supporting early-stage products. But Vitalik Buterin of Ethereum Foundation appreciates developers’ efforts in two blockchain use-cases.

Decade of blockchain-based reputation management

Jay Graber, former ZCash contributor, published a sneak peek from the presentation of the Matrix project that addresses decentralized messaging. She expressed her admiration for the product's progress and its focus on peer-to-peer informational solutions.

Vitalik Buterin entirely agreed with Mrs. Graber.

Image by:

Moreover, he predicts that the 2020s will make this sector ‘bigger (...) and split into two main camps: subjective and cryptoeconomic’. 

In further discussion, he appeared as a maximalist in the adoption of such solutions. According to Vitalik, there is no need for centralized intermediaries in blockchain-based reputation management or moderation:

I doubt verifying claims made by centralized systems is the best use case of decentralized systems!

More secure, more decentralized: end-to-end encryption + libp2p toolkit

Mrs. Graber showed some more details of the solutions Vitalik Buterin sent kudos to. According to the slides in her Twitter, Matrix will merge cutting-edge security technologies and game-changing decentralization instruments.

Namely, the famous end-to-end encryption used in Telegram Messenger will also protect the messages of Matrix users.

Image by:

Also, a libp2p modular peer-to-peer networking stack will be utilized to establish decentralized connections. In combination with Riot protocol it will guarantee an unmatched level of attack-resistance.

Have you ever user decentralized messengers? Share your experience with us in the Comments!

About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis as well as in start-ups (, Monoreto, Attic Lab etc.)

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy

Cookie settings