Ethereum Fakes out a Fake News Story

in google •  7 years ago  (edited)

Someone announced on an Ethereum developer site that Vitalik Buterin had died in a car accident and 4 billion in value was lost by Ether, the currency over the next 12-24 hours. Vitalik responded by using the blockchain - a verifiable auditable permanent ledger - that he is actually fine by posting an image of himself holding a current image with him holing the address of the dated block. Cool. Fake news faked out. Proof of life to go along with proof of stake and proof of work. Now, let's get the platform to be stable even when huge transactions and huge spikes in transaction volume occur. We'll then be able to get back to building smart contracts to drive apps that eliminate the "middle-man" fees and personal data ripoffs from monopolist internet vendors like Google.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!