
{"id":6057,"date":"2024-09-12T18:24:51","date_gmt":"2024-09-12T18:24:51","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=6057"},"modified":"2024-09-12T18:24:51","modified_gmt":"2024-09-12T18:24:51","slug":"vitalik-buterin-names-the-only-layer-2-networks-he-will-endorse-in-2025","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=6057","title":{"rendered":"Vitalik Buterin Names the Only Layer-2 Networks He Will Endorse in 2025"},"content":{"rendered":"<p>Ethereum co-founder Vitalik Buterin has announced a shift in his endorsement strategy for Layer 2 (L2) scaling solutions.<\/p>\n<p>Beginning in 2025, he will only publicly support L2 projects that have reached at least Stage 1 in their development, with a possible short grace period for new and genuinely interesting projects.<\/p>\n<h2>Buterin Shifts Focus to Layer 2 Projects<\/h2>\n<p>\u201cI take this seriously,\u201d he wrote in an X <a href=\"https:\/\/x.com\/VitalikButerin\/status\/1834061075970683367\" target=\"_blank\" rel=\"noopener\">post<\/a>.\u00a0 \u201cStarting next year, I plan to only publicly mention L2s that are stage 1+, with maybe a short grace period for new genuinely interesting projects.\u201d He also emphasized that personal relationships or financial investments will not influence his decision to endorse a project.<\/p>\n<p>The post also details the governance requirements for Stage 1, explaining that it necessitates a 75% consensus from the governing council for major decisions, such as overriding proof systems.\u00a0At least 26% of the council must also be independent of the core development team, a measure designed to increase decentralization and reduce the likelihood of governance failures.<\/p>\n<p>He added that \u201cthe era of rollups being glorified multisigs is coming to an end. The era of cryptographic trust is upon us.\u201d<\/p>\n<p>In October 2020, Vitalik laid out a rollup-centric roadmap for Ethereum, emphasizing that scalability would come from Layer 2 solutions rather than improvements to the Layer 1 (L1) base layer.<\/p>\n<p>This strategic direction is based on the belief that L2 rollups can offer Ethereum far greater scalability and efficiency than relying solely on upgrades to the L1 blockchain.<\/p>\n<h2>L2 vs. L1 Debate<\/h2>\n<p>These comments come amid ongoing debates within the industry about whether L2 solutions compete with L1 networks like Ethereum. Max Resnick, an engineer with the Special Mechanisms Group, <a href=\"https:\/\/x.com\/MaxResnick1\/status\/1833119564374131081\" target=\"_blank\" rel=\"noopener\">believes<\/a> that L2s compete for users.<\/p>\n<p>However, Steven Goldfeder, co-founder of Offchain Labs, disagrees, <a href=\"https:\/\/x.com\/sgoldfed\/status\/1832840328291762645\" target=\"_blank\" rel=\"noopener\">suggesting<\/a> that L2s and L1s work together to improve scalability. \u201cIf Ethereum reaches its potential, we\u2019ll have plenty of demand to fully saturate L1 and multiple L2s\/L3s,\u201d he argued.<\/p>\n<p>Meanwhile, on September 9, Spot On Chain reported that a multi-signature wallet receiving Ethereum from Buterin had sold 760 ETH, valued at $1.835 million. This sale followed earlier <a href=\"https:\/\/cryptopotato.com\/vitalik-buterin-moves-millions-in-ethereum-sparking-debates-about-eth-sales\/\" target=\"_blank\" rel=\"noopener\">transfers <\/a>totaling 3,800 ETH in August.<\/p>\n<p>In response to speculation about the sale, Viatlik has <a href=\"https:\/\/x.com\/VitalikButerin\/status\/1834062768569548849\" target=\"_blank\" rel=\"noopener\">clarified <\/a>that it was related to a bio-defense group he funds, triggered by an automatic Cowswap TWAP order set up in late August. He added, \u201cThat was the last one.\u201d<\/p>\n<p>He also recently <a href=\"https:\/\/cryptopotato.com\/vitalik-buterin-pledges-l2-tokens-to-support-public-goods-in-the-ethereum-ecosystem\/\" target=\"_blank\" rel=\"noopener\">revealed<\/a> that he has not sold ETH for personal benefit since 2018, emphasizing that his ETH sales typically go to charitable causes, non-profits, or other projects.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/vitalik-buterin-names-the-only-layer-2-networks-he-will-endorse-in-2025\/\">Vitalik Buterin Names the Only Layer-2 Networks He Will Endorse in 2025<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum co-founder Vitalik Buterin has announced a shift in his endorsement strategy for Layer 2 (L2) scaling solutions. Beginning in 2025, he will only publicly support L2 projects that have reached at least Stage 1 in their development, with a possible short grace period for new and genuinely interesting projects. Buterin Shifts Focus to Layer [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":6058,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/6057"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6057"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/6057\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/6058"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}