Vitalik: "Is Ethereum closer to the existence of Bitcoin or the existence of a world computer?" The two ways of thinking are compatible with each other

2025-02-19 20:33:38
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ChainCatcher message, Vitalik Buterin responded to the question "Should today's Ethereum be closer to Bitcoin or a world computer" by stating: "I think these two mindsets are compatible. If you need to discern which blockchains are 'truly decentralized', you can use a relatively simple test: if its foundation disappears, can the chain survive? I have a feeling that only Bitcoin and Ethereum can clearly answer: of course they can. Most of Ethereum's development is outside the foundation, and the client teams have independent business models. Many researchers are no longer in the foundation, and almost all activities, except for Devcon, are independent.

Reaching this stage is difficult. Five years ago, Ethereum was not like this. Giving up these advantages in pursuit of TPS is a big mistake, because there will always be new chains emerging that suddenly have higher TPS than you. However, decentralization and resilience are valuable, and few blockchains possess them. These characteristics are beneficial for creating a digital currency with long-term value, as well as for having a good world computer. But the world computer also needs to solve the scalability issue. The term 'world computer' does not mean a computer that can simultaneously support every application in the world, but rather that applications around the world can interact with each other."

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