Ethereum (ETH) co-founder Vitalik Buterin shared his roadmap on what it takes to make Ethereum (ETH) not fail.
In a recent blog post, Vitalik Buterin wrote about three key factors for Ethereum not being considered a failure. Ethereum young and experimental from a technology become open, global and free while transitioning scaling, purse security And security highlighted the importance of the subject.
These transitions not completed in case of Ethereum unsuccessful Emphasizing that there will be in 3 areas explained how to proceed. In addition, these transitions explain Ethereum’s relationship between users and addresses. will radically change reported.
Scaling, security and privacy
The first of three factors that Buterin particularly underlines layer-2 scaling And rollup transition it happened. Expressing that everyone should go to rollups, the co-founder said that this step speed and transaction fees He added that it will move Ethereum forward in terms of Rollups are a tool that allows you to process more transactions faster on the Ethereum network. is the scaling solution.
Another focus of Buterin is smart contract wallets it happened. Buterin likewise that everyone should turn to these types of wallets This transition to be made while asserting security underlined that it will increase significantly.
Smart contract wallets allow users to more to keep them safely provides. Because these wallets store users’ private keys directly on their device and these keys are nowhere to be found except in the wallet app. not stored or not shared. Examples of the most popular smart wallets MetaMask And trust Wallet can be given as
If the last item specified by the founding partner is security it happened. Transitioning to the prominent form of privacy in Buterin’s dream Ethereum offers more to users anonymity aims to provide both increase the confidentiality of funds transfer. as well as other keep your identity information completely confidential desiring to Buterin According to this transition, transactions on the Ethereum network can not be traced and users protecting their identities can provide.
Looking between the lines of the article, the completion of this transition, thanks to the benefits it will add to the users. General usage of Ethereum And can increase acceptance. However, the completion of this transition is unlike the other two items. technical difficulties And regulator concerns because it can be complicated.
The potential for abuse of privacy-protecting technologies, regulators And legislators may trigger concerns. Therefore, successful completion of this transition requires both technical and overcome regulatory challenges It requires coming.