
Ethereum’s Next Phase? Buterin Unveils Plan for Better Layer 2 Finality
TL;DR Enhanced Security via 2-of-3 Proof: Buterin proposes a new model using optimistic, ZK, and TEE proofs to achieve faster and more secure Layer 2 finality.
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin in 2013 as a way to expand the functionality of blockchain technology.
Ethereum’s native cryptocurrency, Ether (ETH), is used to pay for transaction fees and computational services on the network. Ethereum’s smart contract functionality allows developers to create self-executing contracts that can automate complex transactions and operations, such as the transfer of assets, voting systems, and more. Ethereum’s flexibility and community support have made it a popular choice for building decentralized applications and other blockchain-based projects.
TL;DR Enhanced Security via 2-of-3 Proof: Buterin proposes a new model using optimistic, ZK, and TEE proofs to achieve faster and more secure Layer 2 finality.
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TL;DR Over $2 billion in Bitcoin and Ethereum options expire today, possibly triggering high volatility across the crypto market. “Maximum pain” levels mark key price zones
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