Are layer 2s good for Ethereum, or are they ‘extractive?’

Are layer 2s good for Ethereum, or are they ‘extractive?’

Has Ethereum been too complacent about fees? It no longer has the “luxury of being a peace-time research project,” said one conference panelist. Layer 2s have been a great blockchain success story. They’ve reduced congestion on the Ethereum mainnet, driving down gas fees while preserving security. But maybe they’ve become too successful, drawing chain activity…

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Vitalik wants to make Ethereum ‘as simple as Bitcoin’ in 5 years

Vitalik wants to make Ethereum ‘as simple as Bitcoin’ in 5 years

Vitalik Buterin proposed new architecture and protocol-wide standards to make Ethereum simpler, faster and easier to maintain. Ethereum co-founder Vitalik Buterin called for simplifying Ethereum’s base protocol, aiming to make the network more efficient, secure and accessible, drawing inspiration from Bitcoin’s minimalist design. In a blog post titled “Simplifying the L1,” published on May 3,…

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Vitalik wants to make Ethereum ‘as simple as Bitcoin’ in 5 years

Vitalik wants to make Ethereum ‘as simple as Bitcoin’ in 5 years

Vitalik Buterin proposed new architecture and protocol-wide standards to make Ethereum simpler, faster and easier to maintain. Ethereum co-founder Vitalik Buterin called for simplifying Ethereum’s base protocol, aiming to make the network more efficient, secure and accessible, drawing inspiration from Bitcoin’s minimalist design. In a blog post titled “Simplifying the L1,” published on May 3,…

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