Vitalik: The latest developments in Ethereum have made its fundamentals very strong

2024-08-22 15:04:12
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ChainCatcher message, 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;
  • The two EVM-compatible L2 networks, Optimism and Arbitrum, have entered their first phase;
  • The user experience for cross-L2 wallets has greatly improved;
  • ZK tools have become more powerful and mature, simplifying application development; second-generation privacy tools are beginning to emerge;
  • The identity, reputation, and credential ecosystem is stronger and increasingly widely used;
  • Advances in STARK technology enhance long-term security and decentralization prospects;
  • The roadmap for account abstraction and block construction is clearer;
  • Staking decentralization remains stable, debunking the claim that "PoS is more centralized than PoW."

Buterin emphasized that these advancements have made Ethereum's fundamentals exceptionally strong.

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