Vitalik Buterin recently shared his thoughts on the future of Ethereum in a blog post. He discussed the challenges and opportunities facing the Ethereum community, particularly in areas such as ZK-EVM rollups, liquid staking, and private mempools. The main question he posed was whether it makes sense to add more functionality to the protocol or to keep it minimalist. Vitalik highlighted five important lessons that can guide this decision-making process.
One of the lessons concerns ZK-EVM rollups, which use off-chain computation tests to scale Ethereum. Vitalik addressed concerns about bugs in the code and suggested reducing reliance on external bodies for trust. Another lesson focused on private mempools, which aim to prevent frontrunning attacks. However, there is currently no reliable encryption solution for this at Layer 1.
Vitalik also discussed the risk of centralization in liquid staking and proposed using a variety of providers to prevent any single entity from becoming too powerful. He also suggested creating a fungible ETH staking token to grant governance access.
In conclusion, Vitalik emphasized the need for a balance between minimalism and full functionality as technology evolves. He also highlighted the importance of simplifying or eliminating certain features that may not be widely used in the future.
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