• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Regulation

Ethereum’s Buterin vows to support only highly decentralized Layer-2 projects

Moussa by Moussa
September 20, 2024
in Regulation
0
Ethereum’s Buterin vows to support only highly decentralized Layer-2 projects
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter



Ethereum co-founder Vitalik Buterin announced a change in how he will discuss Layer 2 (L2) projects starting next year.

In a Sept. 12 X post, Buterin said he would only publicly recognize L2s that have reached Stage 1 or higher in their decentralization efforts regardless of his investment.

He stated:

“I take this seriously. Starting next year, I plan to only publicly mention (in blogs, talks, etc) L2s that are stage 1+, with ‘maybe a short grace period’ for new genuinely interesting projects. It doesn’t matter if I invested, or if you’re my friend; stage 1 or bust.”

Buterin outlined the criteria for Stage 1+ rollups. According to him, a network would require 75% consensus from the council to override the proof system, with at least 26% of council members being independent of the rollup.

Buterin noted that his requests were reasonable and necessary for the security of the networks. He said:

“Stage 1 (75% threshold on council to override the proof system, 26%+ of council must be outside the rollup team) is a very reasonable moderate milestone. The multisigs I’m in have not had a single liveness failure in years, let alone 26%.”

The Ethereum co-founder concluded that the “era of rollups being glorified multisigs is coming to an end. The era of cryptographic trust is upon us.”

Layer-2 networks criticism

Buterin’s current position comes as Ethereum layer-2 networks have recently been criticized for their centralized structures.

Last month, Cyber Capital’s Justin Bons raised concerns, arguing that these networks pose risks due to their centralization, potentially allowing them to steal users’ funds.

However, Buterin countered that highly decentralized L2 solutions cannot take users’ funds without reaching a strong consensus.

Meanwhile, these debates occur as Ethereum’s Layer 2 networks, including Arbitrum, Optimism, Base, and zkSync, have surged in growth. Already, Over 80% of Ethereum’s transactions now occur on L2 solutions, and there are growing indications that their developments will only further accelerate due to their high level of adoption.

Mentioned in this article



Source link

Related articles

L2 growth and $120 billion in staking hide Ethereum’s supply reality

L2 growth and $120 billion in staking hide Ethereum’s supply reality

September 21, 2026
Ethereum Quick Slots: Faster Markets, Validator Test

Ethereum Quick Slots: Faster Markets, Validator Test

September 21, 2026
Share76Tweet47

Related Posts

L2 growth and $120 billion in staking hide Ethereum’s supply reality

L2 growth and $120 billion in staking hide Ethereum’s supply reality

by Moussa
September 21, 2026
0

Ethereum's institutional data hub showed about $120 billion in staked ETH and $40.4 billion in daily average total value locked...

Ethereum Quick Slots: Faster Markets, Validator Test

Ethereum Quick Slots: Faster Markets, Validator Test

by Moussa
September 21, 2026
0

Ethereum developers are weighing Ethereum Quick Slots for Hegotá, a proposed faster block rhythm that would reduce waiting without expanding...

Balancer V1 recovery proposal splits 296.4 ETH across 120 pools

Balancer V1 recovery proposal splits 296.4 ETH across 120 pools

by Moussa
September 21, 2026
0

The Balancer V1 recovery proposal would divide 296.401711 ETH returned after an Aug. 31 exploit among liquidity providers in 120...

Ethereum co-founder Vitalik Buterin argues that local AI can protect your privacy without losing speed

Ethereum co-founder Vitalik Buterin argues that local AI can protect your privacy without losing speed

by Moussa
September 19, 2026
0

Ethereum co-founder Vitalik Buterin says laptop AI is approaching a practical turning point. Wallet software still needs a much higher...

Ethereum’s client diversity picture fractures under incompatible estimates

Ethereum’s client diversity picture fractures under incompatible estimates

by Moussa
September 17, 2026
0

Ethereum validators rely on independently built consensus clients to agree on the chain, and that diversity is a safety feature....

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News