Vitalik Buterin on Ethereum Layer-2 Solutions: 'Stage 1' Is Essential
Wednesday, 11 September 2024, 22:36
Ethereum Layer-2 Standards and Vitalik's Views
Ethereum co-founder Vitalik Buterin has reiterated his stance on Layer-2 decentralization, stating that he only plans to acknowledge scaling solutions at 'stage 1' of his decentralization scale. In a recent statement, Vitalik pointed out that solutions not meeting these essential criteria are unlikely to receive his support.
Importance of Stage 1 for Ethereum's Future
This stage serves as a critical foundation for Long-term sustainability within the ecosystem. Here, we explore why reaching 'stage 1' is paramount for Layer-2 projects:
- Decentralization: Critical for user trust and network security.
- Performance: Increased efficiency can drive more users to adopt Layer-2 solutions.
- Interoperability: Essential for ensuring seamless interaction with Layer-1 Ethereum.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.