This is why Vitalik Buterin is suspicious of the Metaverse.

Vitalik Buterin, the founder of Ethereum, recently expressed his doubts about the Metaverse, criticizing the current understanding and marketing.

While attending the BUIDL Asia conference in Seoul, Buterin explained his concerns, challenging the widespread understanding of the Metaverse.

According to Vitalik Buterin, the Metaverse is considered a decentralized virtual world. It should include immersive social experiences, avatars, augmented reality (AR) and blockchain technology as a foundation.

However, Buterin criticizes the current representation of the Metaverse, which he argues is often perceived as a brand rather than a tangible product.

“Metaverse is one of the weakest things. It is often seen as a brand rather than a product. It seems to have an abstract idea of ​​a virtual universe where everyone can participate and be a part of and a virtual universe that is not really owned by anyone. Where the need is simple, virtual reality is frequently associated with the need for a laptop without a laptop. It's extremely useful, but it's not a quote,” Buterin said.

Buterin's perspective sheds light on the importance of integrating the various elements of the digital world. These include cryptography, VR, AR and artificial intelligence (AI) to fully realize the potential of the Metaverse. He believes that by combining these elements in a meaningful way, one can unlock a truly immersive and decentralized virtual environment.

Read more: Building Bridges: How to Connect Virtual Worlds to the Metaverse

Additionally, Buterin touched on the importance of account summarization to achieve mainstream adoption. He pointed out that for account abstraction to be successful, it needs to find the right balance between security and convenience. This is an area where Ethereum is still striving to improve.

Buterin's criticism serves as a reminder that the development of the Metaverse is still in its infancy, with much work to be done to achieve its vision.