Vitalik: Smart contract wallets like Safe will be widely used in the next five years

ChainCatcher news, at the Ethereum Developer Community Conference EDCON 2024, Vitalik Buterin delivered a keynote speech titled "The Next 10 Years of Ethereum." He reviewed the significant progress Ethereum has made in terms of fees, transaction inclusion times, and wallet security, and anticipated that within the next five years, smart contract wallets like Safe will be widely adopted. Vitalik mentioned that the decentralized Twitter project from 2015 was EtherTweet, while 2024 will see a more scalable Firefly (a client combining Farcaster, Twitter, and Lens).

Looking ahead to the next 10 years, Vitalik stated that by 2034, Ethereum's scalability and transaction fees will be greatly improved, and user experience will be combined with security, providing a safer experience than traditional Web2 services. Using Ethereum L2 will be as seamless as using the mainnet directly. He emphasized that developers should go beyond Web2 and explore new areas such as wearable devices, local AI, AR, and BCI. Additionally, he mentioned the possibility of embedding community notes, prediction markets, and other technologies directly into wallets or browsers, enhancing security verification.