“The future of Ethereum is bright”: Vitalik Buterin works on price and layer 2 frustration

by SK
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Vitalik Buterin, a co -founder of Ethereum, laid out the latest thoughts on the future Friday of the blockchain, and he rarely regards concerns about ETH prices and the role of a layer 2 scaling network in the decline in financial health in assets. We worked on problems that are not discussed from the front.

The Layer-2 network, built on Ethereum’s main net, controls blockchain, thanks to the quick transaction time provided by a small gas fee. However, analysts predict that the rapid increase in L2S can spend several trillion trillion dollars over the next few years, given how the ETH’s token combustion roadmap is bothering.

Certainly, as other cryptocurrencies have increased rapidly in recent months, ETH has been stagnant against advertising popular men on Crypto Twitter.

Buterin, which often appears to focus on niche technical issues than macro political and market dynamics, is currently raised by economics and safety. And recognized interoperability.

“One of the shortcuts for scaling is to give up L2 and do everything through L1 with a much higher gas limit,” said Crypto developers on the blog post. “However, this approach compromises the advantages of the current social structure of Ethereum.”

According to Buterin, developers of Ethereum Ecosystem need to focus on important priority, including raising the price of ETH instead of abandoning L2.

“We should clearly think about ETH’s economics,” he wrote. “We need to make sure that ETH continues to produce value even in a world with many L2s, and ideally solves various models on how the value is generated.”

For this reason, one of the proposals that has emerged by Buterin today includes a layer 2 network that supports ETH by burning a part of the fee or donating to the Ethereum community forever.

I gave up L2 and I was able to do the 2016 style L1 shelled. But this is a mistake.

Instead, it is necessary to double the work related to interoperability, ZK-EVM, etc., and simultaneously obtain the independent innovation and unified Ethereum advantages.

This means pic.twitter.com/tatwigjaao

-Vitalik.eth (@vitalikbuterin) January 24, 2025

The co -founder of EtherUM calls on layer 2 developers to work quickly to standardize cross -chain functions and mutual operability and prioritize security, especially in most cases, in most cases. By eliminating the possibility of censorship of the chain, by private companies.

For example, last summer, LINEA, a layer 2 network owned by Ethereum Giant Consensys (one of the 22 investors with edited independent dynamic reductions), to stop millions of dollars. , All on -fin activities have been closed.

Intentionally, this movement promotes the waves of the tide from the cipher users, and gets angry at how the distributed network is easily cut off by corporate offices.

Regarding the theme of true decentralization and many other things, Buterin gained a fairly slow tone with layer-2 developers. Their network is important for the future of Ethereum, but only for important adjustments in a short period of time.

“We need to maintain the course (and) mainly through the L2, but make sure that L2 is fully intended to be satisfied.” He said.

Developers are also block spaces that grow rapidly due to layer 2 transactions to promote the growth of ecosystems through the expansion of the new data storage mechanism, which was introduced in last year’s DENCUN upgrade, to promote the growth of ecosystems. I emphasized the importance of.

The next upgrade of Etherneum, Peckra, is currently fastened with a pencil and opens a significant way to increase the number of blobs in all Ethereum transaction blocks.

Buterin said on a future network upgrade on Friday, a core developer of EtherEum, saying, “There should be an intention to explicitly stripped non -blobs.”

Overall, Ethereum’s major heart seemed to be afraid of what needed to change about network infrastructure on Friday, and how quickly he would talk about your heart. He hasn’t played anymore, as Buterin has demonstrated many ways in the last few weeks. That is “War Mode”.

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