Vitalik reflects on the 2014 blockchain vision, says the decentralization renaissance is coming

Foresight News reported that Ethereum co-founder Vitalik Buterin reviewed the blockchain vision of 2014 on social media: At that time, the idea was to have permissionless decentralized applications that could support functions such as finance, social media, ride-sharing, organizational governance, and crowdfunding, potentially creating a completely different alternative network, all built on a single set of technologies. Over the past five years, this core vision has sometimes become blurred, with various "meta-narratives" and "themes" once dominating. But the core vision has never disappeared. In fact, the core technologies supporting this vision are becoming increasingly powerful.

Vitalik stated that in 2014, decentralized applications were still just toys and were a hundred times harder to use in the Web 2.0 era than they are now. By 2026, Fileverse has become user-friendly enough that I can frequently use it to write documents and send them to others for collaboration. The decentralized renaissance is about to arrive, and you can be a part of it.