{"id":163876,"date":"2024-03-29T13:11:43","date_gmt":"2024-03-29T13:11:43","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=163876"},"modified":"2024-03-29T13:11:46","modified_gmt":"2024-03-29T13:11:46","slug":"vitalik-buterin-calls-for-higher-standards-in-ethereum-rollups-urges-decentralization-by-years-end","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/vitalik-buterin-calls-for-higher-standards-in-ethereum-rollups-urges-decentralization-by-years-end\/","title":{"rendered":"Vitalik Buterin Calls for Higher Standards in Ethereum Rollups, Urges Decentralization by Year&#8217;s End"},"content":{"rendered":"<p style=\"text-align: justify\">TL;DR<\/p>\n<ul style=\"text-align: justify\">\n<li>Vitalik Buterin <strong>proposes raising the decentralization standards in Ethereum<\/strong>, especially in Layer 2 scaling solutions.<\/li>\n<li>Ethereum needs to transition to a<strong> more balanced approach between Layer 1 and Layer 2.<\/strong><\/li>\n<li><strong>Only five projects in L2Beat have reached &#8220;stages 1 or 2&#8221;<\/strong>, and only Arbitrum is fully compatible with the Ethereum Virtual Machine (EVM).<br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify\"><strong>Vitalik Buterin, one of the co-founders of <a href=\"https:\/\/crypto-economy.com\/ethereum-staking\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>, has raised the need to elevate ETH&#8217;s decentralization standards, primarily in the realm of Layer 2 scaling solutions.<\/strong> Buterin proposes that developers focus on improving decentralization by the end of 2024.<!--more--><\/p>\n<p style=\"text-align: justify\">The idea was shared in Buterin&#8217;s <a href=\"https:\/\/vitalik.eth.limo\/general\/2024\/03\/28\/blobs.html\" target=\"_blank\" rel=\"noopener\">blog<\/a> on March 28, where he reflected on Ethereum&#8217;s future after the launch of <strong>Dencun, which significantly reduced transaction fees for rollups on Layer 2.<\/strong> Vitalik pointed out that ETH is undergoing a significant transition, moving from a period of rapid progress on Layer 1 to <strong>a more balanced approach between Layer 1 and Layer 2.<\/strong><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Ethereum has blobs. Where do we go from here?<a href=\"https:\/\/t.co\/P2cyf9sCwb\" target=\"_blank\">https:\/\/t.co\/P2cyf9sCwb<\/a><\/p>\n<p>&mdash; vitalik.eth (@VitalikButerin) <a href=\"https:\/\/twitter.com\/VitalikButerin\/status\/1773353783482872117?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">March 28, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\">Regarding scaling, Vitalik noted that the issue has become a challenge. Now, <strong>the focus is on increasing block capacity and improving rollup efficiency<\/strong> to allow for greater performance and reduced congestion on the <a href=\"https:\/\/crypto-economy.com\/best-ethereum-wallets\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a> network.<\/p>\n<p style=\"text-align: justify\">Additionally, he emphasized the importance of setting stricter standards, arguing that <strong>only a project that has achieved at least &#8220;stage 1&#8221; of decentralization should be considered a rollup<\/strong>. This implies that the project has advanced enough in terms of security and scalability, although it has not yet reached full decentralization, characteristic of &#8220;stage 2&#8221;. According to Vitalik, <strong>only five of the Layer 2 projects listed on L2Beat have reached &#8220;stages 1 or 2&#8221;, and only Arbitrum is fully compatible with the Ethereum Virtual Machine (EVM).<\/strong><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-81344\" src=\"https:\/\/crypto-economy.com\/es\/\/wp-content\/uploads\/sites\/4\/2024\/03\/eth-post-1.jpg\" alt=\"ethereum post\" width=\"825\" height=\"300\" \/><\/p>\n<h2>What&#8217;s Next for Ethereum?<\/h2>\n<p style=\"text-align: justify\">The ETH co-founder outlined the next steps to take, <strong>including implementing data availability sampling<\/strong> to increase block capacity and optimizing Layer 2 solutions through techniques such as data compression and optimistic execution. <strong>He stressed the importance of gradually moving towards stage 2, where rollups are truly backed by code and decentralized<\/strong>, with a security council intervening only in case of code inconsistencies.<\/p>\n<p style=\"text-align: justify\">Vitalik Buterin&#8217;s proposals reflect ETH&#8217;s evolution towards a more efficient, secure, and decentralized system. With new ideas contributing to decentralization and interoperability in Layer 2 solutions, Ethereum aims to continue consolidating its leadership position in the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Vitalik Buterin proposes raising the decentralization standards in Ethereum, especially in Layer 2 scaling solutions. Ethereum needs to transition to a more balanced approach between Layer 1 and Layer 2. Only five projects in L2Beat have reached &#8220;stages 1 or 2&#8221;, and only Arbitrum is fully compatible with the Ethereum Virtual Machine (EVM). Vitalik &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Vitalik Buterin Calls for Higher Standards in Ethereum Rollups, Urges Decentralization by Year&#8217;s End\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/vitalik-buterin-calls-for-higher-standards-in-ethereum-rollups-urges-decentralization-by-years-end\/#more-163876\" aria-label=\"More on Vitalik Buterin Calls for Higher Standards in Ethereum Rollups, Urges Decentralization by Year&#8217;s End\">Read more<\/a><\/p>\n","protected":false},"author":34,"featured_media":163879,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73,70,74],"tags":[4620,5287,4679,5170,4872],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/163876"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=163876"}],"version-history":[{"count":1,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/163876\/revisions"}],"predecessor-version":[{"id":163881,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/163876\/revisions\/163881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/163879"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=163876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=163876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=163876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}