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Vitalik: Ethereum's fundamentals are actually very strong
2024-08-22 06:57
Odaily News Ethereum co-founder Vitalik Buterin posted on social media, highly praising the latest developments in the Ethereum ecosystem. Buterin pointed out that Ethereum has made significant progress in several key areas: L2 network transaction fees have dropped below $0.01; Optimism and Arbitrum, two EVM-compatible L2 networks, have entered the first phase; Cross-L2 wallet user experience has been greatly improved; ZK tools are more powerful and mature, simplifying application development; second-generation privacy tools are beginning to emerge; The identity, reputation, and credential ecosystems are more powerful and increasingly widely used; STARK technology progress has improved long-term security and decentralized prospects; The roadmap for account abstraction and block construction is clearer; Staking decentralization remains stable, breaking the saying that "PoS is more centralized than PoW." Buterin emphasized that these developments have made Ethereum's fundamentals exceptionally strong.