Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
Ethereum co-founder Vitalik Buterin has publicly announced that starting next year, he will only publicly endorse Layer 2 solutions that have progressed beyond their initial developmental stages.
This move is said to enhance the security and trustworthiness of the Ethereum ecosystem, which has various rollup projects at its center. However, these projects are still reliant on early-stage mechanisms he refers to as “training wheels.”
According to Buterin, this decision applies universally, regardless of personal investments or friendships. This approach, he argues, is essential to moving away from rollups being “glorified multi-sigs” and towards a future of cryptographic trust where reliance on human oversight is minimized.
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.
Multiple… pic.twitter.com/4cGxgsfmUc
The initiative that Buterin is advocating for revolves around a milestone-based schema that classifies rollups into three distinct stages based on their dependency on human intervention versus fully automated, trust-minimized systems.
Rollups, which are designed to process transactions off the main Ethereum blockchain to enhance speed and reduce costs, often start with significant manual oversight to manage bugs or unforeseen issues.
However, this initial reliance on multisigs—a group of signatories that can
Read more on cryptonews.com