RATE Group | Researcher Vlad Zamfir: Ethereum’s legal question is an inevitable crisis
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Researcher Vlad Zamfir: Ethereum’s legal question is an inevitable crisis

10 Oct Researcher Vlad Zamfir: Ethereum’s legal question is an inevitable crisis

Posted at 22:09h in Ethereum News by

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OSAKA, Japan—Ethereum Foundation researcher Vlad Zamfir gave a clear warning at Devcon 5 yesterday: developers need to start thinking about Ethereum’s legal status, rather than simply hoping it will grow so big that governments will have to accept it.

Speaking at the outside amphitheatre, with Osaka Bay behind him, the falling sun reflected in his audience’s eyes, he could have been mistaken for a Grecian orator discoursing on law and politics. But he was here to tackle a tricky crypto question: Is Ethereum—a disruptive blockchain platform leading a decentralized revolution—even legal?

“From smart contracts to unstoppable code, Ethereum is a legal project as much as a tech project. This is possibly controversial but not talked about all that much,” he began.

He briefly dived into the historical context, in order to explain where we currently stand. “Ethereum was born into a counter-cultural movement, a cypherpunk movement,” Zamfir said. “In Ethereum, we went…

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