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Ethereum’s White Paper Predicted DeFi But Not NFTs, Says Buterin

Twitter icon  •  Published 3 years ago on January 3, 2022  •  Hassan Maishera

Vitalik Buterin pointed out that the Ethereum whitepaper predicted the rise of decentralized finance (DeFi) but missed out on nonfungible tokens (NFTs).

Ethereum’s White Paper Predicted DeFi But Not NFTs, Says Buterin

Ethereum co-founder Vitalik Buterin pointed out that the Ethereum whitepaper predicted the rise of decentralized finance (DeFi) but missed out on nonfungible tokens (NFTs).

Buterin was revisiting some of his old predictions over the weekend and he said he was proud of the growth the Ethereum network has recorded. NFTs have become very popular in the cryptocurrency space and Buterin said the Ethereum whitepaper didn’t predict their rise.

ETH is trading above $3,800, up by more than 2% over the past 24 hours. 

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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