By USA Goldmines 
Ethereum creator Vitalik Buterin says the ETH community should be doubling down on layer-2 scaling solutions to strengthen its ecosystem.
In a new blog post, Buterin says that it would be a mistake to give up on layer-2s and that developers should instead continue to focus on interoperability, security and blob transactions.
Blobs – which stand for Binary Large Objects – were introduced in the EIP-4844 update and aim to reduce Ethereum’s gas fees by allowing nodes to only temporarily store data for 18 days, thus making the chain more efficient and scalable.
While some have argued that the proliferation of layer-2 solutions hurts the value of ETH since it pulls activity away from Ethereum’s mainnet, Buterin says layer-2s are allowing massive waves of new apps and innovation to exist.
“Today, the path that we are taking to scale Ethereum is layer 2 protocols (L2s). The L2s of 2025 are a far cry from the early experiments they were in 2019: they have reached key decentralization milestones, they are securing billions of dollars of value, and they are currently scaling Ethereum’s transaction capacity by a factor of 17x, dropping fees by a similar amount…
These successes are also a testament to the social side of Ethereum’s decentralized and modular approach to scaling: instead of the Ethereum Foundation having to seek out all of these users itself, there are dozens of independent entities who are motivated to do so. These entities have also made crucial contributions to the technology, without which Ethereum would not be anywhere close to as far as it is today. And as a result, we are finally approaching escape velocity.”
Buterin says that Ethereum’s “future is bright,” but that “there is a lot of work to be done, and now is the time to double down.”
At time of writing, ETH is trading at $3,044, down nearly 7% on the day.
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The post Vitalik Buterin Says Ethereum Future Is Bright, Calls on ETH Community To Double Down on Layer-2s appeared first on The Daily Hodl.
Ethereum creator Vitalik Buterin says the ETH community should be doubling down on layer-2 scaling solutions to strengthen its ecosystem. In a new blog post, Buterin says that it would be a mistake to give up on layer-2s and that developers should instead continue to focus on interoperability, security and blob transactions. Blobs – which
The post Vitalik Buterin Says Ethereum Future Is Bright, Calls on ETH Community To Double Down on Layer-2s appeared first on The Daily Hodl. Blockchain, Ethereum, blobs, ETH, layer-2, News, vitalik buterin
This articles is written by : Nermeen Nabil Khear Abdelmalak
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