Vitalik Buterin: Blockchain Has Evolved Into a Cryptography-Based Secure Computing Network

Ethereum co-founder Vitalik Buterin stated at the 12th Blockchain Global Summit that blockchain has transitioned from a simple ledger to a secure computing network powered by cryptography. He highlighted that while early blockchains were transparent and lacked privacy, advancements such as zero-knowledge proofs, fully homomorphic encryption, and parallel block construction have introduced privacy, scalability, and enhanced verification. Buterin noted that the industry is shifting its focus toward integrating AI with cryptographic rules to improve verification efficiency and expand the capabilities of blockchain technology.