Ethereum (CRYPTO: ETH) creator Vitalik Buterin has once again taken a dig at NFT project Bored Ape Yacht Club (BAYC) and its community of followers.
What Happened: Speaking at the Blockchain Futurist Conference in Toronto, Buterin commented on how the current use cases for private keys on a blockchain had seemingly deviated from their intended purpose.
Buterin said that the 1990s spurred an idealistic effort for people to have their own cryptographic keys for privacy and security without relying on centralized intermediaries. However, the network effects hadn’t really panned out.
“Fast forward to today, we have …
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