Can anyone tell me what Vitalik has built, that is mainstream, stood the test of time, and is in production mode today?
He's brilliant yes, for ideas. To me, he has yet to prove solid execution yet. So while he denounces Proof-of-Stake or Sunny King, I have yet to see how he has earned that authority.
Sorry for being so blunt, but I'm getting tired of popular individuals slinging mud without any proof that they've created and run something better that hasn't fragmented into bits after launch.
"Fast block times" should happen off-chain, and Sunny King has suggested that multiple times. No one seems to listen though.
You can have fast blocktimes in a side-chain with centralization, and every time you need to move large value, you can do it with Peercoin.
I'll give you an example.
There was an advertising scheme (don't have the link or name reference) which basically said... you view these ads, or these videos, and we'll pay you 0.00000050 satoshi each time.
Naturally they couldn't send that 0.000000050 satoshi to your wallet everytime, because they were microtransactions and the transaction fee would over weigh the payment.
So what they said was "Once you accumulate 0.01 BTC of rewards, we'll initiate a transaction and send them to your wallet"
Which made sense.
This is a very crude, but obvious example of how a side-chain (centralized system) could work when you're referring to Microtransactions.
There was nothing stopping Vitalik and ETH from using smart contracts, but pulling and storing their value onto Peercoin, while still giving the ETH token its own value. Instead, they wanted to run their own chain without any help, and the result... well, we know what happened. ETH fragmented its chain and the beta-version of smart contracts cost millions of dollars lost in a short time. It's a mess.
So if anyone has to redeem themselves now, it surely isn't Sunny King -- that would be Vitalik Buterin.
I am now going to say how I feel about something that I know I'll probably be trolled and regret later.
Vitalik Buterin and Dan Larimer "could" have worked together, if they would just agree. They never did. There's a video released where they were at the same convention and they went toe-to-toe with one another... Dan released that video (2 years ago? maybe 3)
Dan Larimer wrote a blog post complaining about "PoS" and then later recinded his "nothing at stake" issue.. again, I don't have the references infront of me.. but it basically happened.
Both Vitalik and Dan are kingpins in the industry that have huge followings... Both of them thought they had better ways to do things, and neither one of them have proven that Peercoin can't work, isn't secure, and can't operate.
Peercoin operates and is secure.
So while both Vitalik and Dan continue to build things (maybe at the cost of investors)...
Sunny King sits here with his Peercoin blockchain signing each of his messages "Have Fun" and the chain continues to operate quite well.
So if there is FUD... none of it is generated from Peercoin's chain.
Show me the post where Sunny King asked anyone to buy anything. You can't
Show me the post where Vitalik did an initial offering for ETH -- he did
Show me the post where Dan did an intial offering for Protoshares, PTS, AGS, etc -- he did.
The only clean person here, with a solid blockchain that is humming along is Sunny King's chain. We need to stop beating around the bush about it.