{"id":3214,"date":"2020-02-04T10:08:00","date_gmt":"2020-02-04T07:08:00","guid":{"rendered":"https:\/\/crypto-mining.club\/?p=3214"},"modified":"2020-02-02T19:10:28","modified_gmt":"2020-02-02T16:10:28","slug":"vitalik-buterin-2-times-more-users-for-ethereum-2-times-higher-value","status":"publish","type":"post","link":"https:\/\/crypto-mining.blog\/en\/news\/vitalik-buterin-2-times-more-users-for-ethereum-2-times-higher-value\/","title":{"rendered":"Vitalik Buterin: 2 times more users for Ethereum &#8211; 2 times higher value"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/crypto-mining.club\/wp-content\/uploads\/2020\/02\/photo_2020-02-02_18-02-06.jpg\" alt=\"Vitalik Buterin: 2 times more users for Ethereum - 2 times higher value\" class=\"wp-image-3211\" srcset=\"\/\/crypto-mining.blog\/wp-content\/uploads\/2020\/02\/photo_2020-02-02_18-02-06.jpg 1024w, \/\/crypto-mining.blog\/wp-content\/uploads\/2020\/02\/photo_2020-02-02_18-02-06-300x200.jpg 300w, \/\/crypto-mining.blog\/wp-content\/uploads\/2020\/02\/photo_2020-02-02_18-02-06-768x512.jpg 768w, \/\/crypto-mining.blog\/wp-content\/uploads\/2020\/02\/photo_2020-02-02_18-02-06-769x513.jpg 769w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n\n<p>Ethereum founder Vitalik Buterin supported one of the critics of his project, who hypothesized that at the current stage he needs advertisers much more than developers.<\/p>\n\n\n\n<p>According to the critic, a large number of talented teams are already working on preparing Ethereum for the transition to the second version of the protocol, but very little is known about their work. \u201cEthereum already has a bunch of advanced products, both in the field of decentralized finance (DeFi) and beyond, but the average citizen knows nothing about them,\u201d he added.<\/p>\n\n\n\n<p>Buterin agreed that it would be nice to educate representatives of the wider public on this part. \u201cA software development project becomes 2 times more valuable if 2 times more people find out about it,\u201d he wrote.<\/p>\n\n\n\n<p>During the discussion, Buterin admitted that such a dependence is unlikely to be linear, since, on the one hand, the most valuable users usually learn first about the technology, and on the other, the network effect leads to its early spread. At the same time, the assumption put forward by some on the basis of Metcalf\u2019s law that the value of the network will increase by 4 times, if the number of users grows by 2 times, Buterin considers revaluation.<\/p>\n\n\n\n<p>In November, the decentralized organization Marketing DAO was launched in the Ethereum ecosystem, whose task is to promote solutions based on the blockchain of the second largest cryptocurrency.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Recommended Related Articles:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><!--noindex--><noindex><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/crypto-mining.blog\/LINKURL\/aHR0cHM6Ly9jcnlwdG8tbWluaW5nLmNsdWIvZW4vbmV3cy9ldGhlcmV1bS1jby1mb3VuZGVyLXZpdGFsaWstYnV0ZXJpbi1jb21wbGFpbnMtb24tdHdpdHRlci10aGF0LWhlLXdhcy1pbnN1bHRlZC8=\"  target=\"_blank\" rel=\"noreferrer noopener\">Ethereum co-founder Vitalik Buterin complains on Twitter that he was insulted<\/a><\/noindex><!--\/noindex--><\/li><li><!--noindex--><noindex><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/crypto-mining.blog\/LINKURL\/aHR0cHM6Ly9jcnlwdG8tbWluaW5nLmNsdWIvZW4vY3J5cHRvY3VycmVuY2llcy9vbmx5LTgtb2YtZXRoZXJldW0tYWRkcmVzc2VzLWFyZS1wcm9maXRhYmxlLw==\"  target=\"_blank\" rel=\"noreferrer noopener\">Only 8% of Ethereum addresses are \u201cprofitable\u201d<\/a><\/noindex><!--\/noindex--><\/li><li><!--noindex--><noindex><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/crypto-mining.blog\/LINKURL\/aHR0cHM6Ly9jcnlwdG8tbWluaW5nLmNsdWIvZW4vbmV3cy9wYXJpdHktbGVhdmVzLWV0aGVyZXVtLWVjb3N5c3RlbS8=\" >Parity leaves Ethereum ecosystem<\/a><\/noindex><!--\/noindex--><\/li><li><!--noindex--><noindex><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/crypto-mining.blog\/LINKURL\/aHR0cHM6Ly9jcnlwdG8tbWluaW5nLmNsdWIvZW4vbmV3cy9jb2luYmFzZS1oYXMtY2xvc2VkLXRoZS1zZXJ2aWNlLW9mLXRoZS1tYXNzLXB1cmNoYXNlLW9mLWNyeXB0b2N1cnJlbmN5LWNvaW5iYXNlLWJ1bmRsZS8=\"  target=\"_blank\" rel=\"noreferrer noopener\">Coinbase closes Coinbase Bundle cryptocurrency bulk purchase service<\/a><\/noindex><!--\/noindex--><\/li><li><!--noindex--><noindex><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/crypto-mining.blog\/LINKURL\/aHR0cHM6Ly9jcnlwdG8tbWluaW5nLmNsdWIvZW4vbWluaW5nL2V0aGFzaC1ob3ctaXQtd29ya3Mtd2hlbi1taW5pbmctZXRoZXJldW0v\"  target=\"_blank\" rel=\"noreferrer noopener\">Ethash: how it works when mining Ethereum<\/a><\/noindex><!--\/noindex--><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum founder Vitalik Buterin supported one of the critics of his project, who hypothesized that at the current stage he needs advertisers much more than developers. According to the critic, a large number of talented teams are already working on&#8230; <\/p>\n","protected":false},"author":2,"featured_media":3212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-3214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vitalik Buterin: 2 times more users for Ethereum - 2 times higher value | Crypto News<\/title>\n<meta name=\"description\" content=\"Ethereum founder Vitalik Buterin supported one of the critics of his project, who hypothesized that at the current stage he needs advertisers much more than developers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crypto-mining.blog\/en\/news\/vitalik-buterin-2-times-more-users-for-ethereum-2-times-higher-value\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vitalik Buterin: 2 times more users for Ethereum - 2 times higher value | Crypto News\" \/>\n<meta property=\"og:description\" content=\"Ethereum founder Vitalik Buterin supported one of the critics of his project, who hypothesized that at the current stage he needs advertisers much more than developers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/crypto-mining.blog\/en\/news\/vitalik-buterin-2-times-more-users-for-ethereum-2-times-higher-value\/\" \/>\n<meta property=\"og:site_name\" content=\"CRYPTO MINING BLOG\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-04T07:08:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/crypto-mining.blog\/wp-content\/uploads\/2020\/02\/photo_2020-02-02_18-02-06.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"CRYPTO MINING BLOG\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"CRYPTO MINING BLOG\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/crypto-mining.blog\\\/en\\\/news\\\/vitalik-buterin-2-times-more-users-for-ethereum-2-times-higher-value\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/crypto-mining.blog\\\/en\\\/news\\\/vitalik-buterin-2-times-more-users-for-ethereum-2-times-higher-value\\\/\"},\"author\":{\"name\":\"CRYPTO MINING BLOG\",\"@id\":\"https:\\\/\\\/crypto-mining.blog\\\/en\\\/#\\\/schema\\\/person\\\/9f660b842db38e47a561a4f462d90d28\"},\"headline\":\"Vitalik Buterin: 2 times more users for Ethereum &#8211; 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