Vitalik Buterin Says Ordinals Have Revived ‘Builder Culture’ on Bitcoin.

The Ethereum co-founder, Vitalik Buterin, recently made a statement regarding the new developments on Bitcoin, stating that they provide a “good” pushback against “laser-eye” maximalists. Here are the most important points from his statement:

1. Pushback against “laser-eye” maximalists: Buterin’s statement refers to a group of Bitcoin enthusiasts who have changed their profile pictures on social media to display laser eyes. This group is often associated with extreme Bitcoin maximalism, which promotes the idea that Bitcoin is the only valid cryptocurrency and all other projects are irrelevant. Buterin believes that the recent developments in Bitcoin challenge this maximalist mindset.

2. Embracing innovation and diversity: The Ethereum co-founder emphasizes the importance of embracing innovation and diversity in the cryptocurrency space. He suggests that new developments in Bitcoin, such as the implementation of the Taproot upgrade, demonstrate that the cryptocurrency is not stagnant and can evolve to incorporate new features and improvements.

3. Collaboration between different projects: Buterin highlights the need for collaboration between different cryptocurrency projects. He believes that healthy competition and cooperation between Bitcoin and Ethereum, as well as other blockchain platforms, can lead to overall progress and innovation in the industry.

In summary, Vitalik Buterin’s statement acknowledges the positive impact of new developments on Bitcoin in challenging extreme maximalist views. He emphasizes the importance of embracing innovation, diversity, and collaboration in the cryptocurrency space to drive progress and advancement in the industry.