3 ms·
The term "Proof of Vitalik" was coined to explain the difference in market value between Ethereum and Ethereum Classic after the split. The value of having a V
by samatman 6y ago
The term "Proof of Vitalik" was coined to explain the difference in market value between Ethereum and Ethereum Classic after the split.
The value of having a Vitalik is clearly considerable, but it isn't infinite. He fundamentally must persuade, because he has no ability to command.
That's his legitimacy: people mostly do what he wants, even though they don't have to. If he loses the legitimacy, that's what he loses.