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Vitalik Buterin Criticizes Lack of Innovation in Ethereum Scaling Ecosystem


by Sharmistha Suman
for TheNewsCrypto

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Buterin

  • Buterin also condemned projects that present themselves as highly associated with Ethereum while maintaining just minimal or superficial links.
  • Buterin also mentioned that the base layer of Ethereum is so far scaling and will carry on to offer significantly more EVM-compatible blockspace.

The co-founder of Ethereum, Vitalik Buterin, has opposed what he mentioned as a lack of originality in the recent layer-2 and blockchain scaling landscape. As per a blog post released on February 5, Buterin mentioned that the ecosystem has now become more comfortable with rolling out similar EVM-based chains that put little technical innovation. 

Buterin claimed that building yet one more EVM chain having a bullish bridge to Ethereum (ETH) and a week-long withdrawal delay has now become a default approach. He equated the trend to the early days of DeFi governance when repeated forks of protocols such as Compound choked innovation. 

As per Buterin, this pattern has eroded imagination and pressed infrastructure development into a dead end. He was even more critical of EVM chains that do not have a meaningful connection to ETH, mentioning the ecosystem doesn’t need more standalone layer-1 networks. 

The Concerns Regarding Decision-Making 

Buterin also mentioned that the base layer of Ethereum is so far scaling and will carry on to offer significantly more EVM-compatible blockspace. As this is not unlimited, he mentioned Ethereum will be capable of backing a wide range of applications. 

Adding more to this, the co-founder also got concerned about how decisions are made within the Ethereum ecosystem. The previous blog post mentioned that he claimed that governance should move away from informal, sentiment-influenced decision-making and toward more structured, accountable mechanisms. 

Rather, Buterin asked developers to focus on building systems that roll out actual new capabilities. He moved his fingers onwards to privacy-focused designs, application-specific efficiency and ultra-low latency execution as examples. 

Not only this, but Buterin also condemned projects that present themselves as highly associated with Ethereum while maintaining just minimal or superficial links. He mentioned that teams must be honest regarding how dependent they really are on Ethereum. 

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Vitalik Buterin Criticizes Lack of Innovation in Ethereum Scaling Ecosystem


by Sharmistha Suman
for TheNewsCrypto

Share:

Buterin

  • Buterin also condemned projects that present themselves as highly associated with Ethereum while maintaining just minimal or superficial links.
  • Buterin also mentioned that the base layer of Ethereum is so far scaling and will carry on to offer significantly more EVM-compatible blockspace.

The co-founder of Ethereum, Vitalik Buterin, has opposed what he mentioned as a lack of originality in the recent layer-2 and blockchain scaling landscape. As per a blog post released on February 5, Buterin mentioned that the ecosystem has now become more comfortable with rolling out similar EVM-based chains that put little technical innovation. 

Buterin claimed that building yet one more EVM chain having a bullish bridge to Ethereum (ETH) and a week-long withdrawal delay has now become a default approach. He equated the trend to the early days of DeFi governance when repeated forks of protocols such as Compound choked innovation. 

As per Buterin, this pattern has eroded imagination and pressed infrastructure development into a dead end. He was even more critical of EVM chains that do not have a meaningful connection to ETH, mentioning the ecosystem doesn’t need more standalone layer-1 networks. 

The Concerns Regarding Decision-Making 

Buterin also mentioned that the base layer of Ethereum is so far scaling and will carry on to offer significantly more EVM-compatible blockspace. As this is not unlimited, he mentioned Ethereum will be capable of backing a wide range of applications. 

Adding more to this, the co-founder also got concerned about how decisions are made within the Ethereum ecosystem. The previous blog post mentioned that he claimed that governance should move away from informal, sentiment-influenced decision-making and toward more structured, accountable mechanisms. 

Rather, Buterin asked developers to focus on building systems that roll out actual new capabilities. He moved his fingers onwards to privacy-focused designs, application-specific efficiency and ultra-low latency execution as examples. 

Not only this, but Buterin also condemned projects that present themselves as highly associated with Ethereum while maintaining just minimal or superficial links. He mentioned that teams must be honest regarding how dependent they really are on Ethereum. 

Highlighted Crypto News Today: 

Binance Responds to Forged Legal Letter, Rejects Insolvency Accusations

Read the article at TheNewsCrypto

In This News

Share:

In This News

Share:

Read More

Vitalik Buterin Slams Copypasta L2s: Stop Building Redundant EVM Chains

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