• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Buterin Proposes Metrics for a Unified Ethereum Ecosystem

user avatar

by Giorgi Kostiuk

a year ago


Vitalik Buterin, one of the co-founders of Ethereum, has proposed creating metrics to assess projects in terms of their alignment with the values of the Ethereum community. The goal is to ensure that everyone is building something that feels like one big Ethereum ecosystem.

Measuring Project Alignment with Ethereum’s Values

In a recent blog post on September 28, Buterin explained that achieving “Ethereum alignment” is one of the most important social challenges facing the Ethereum community. He admits that it’s a tough job, given the many different teams, developers, researchers, and local groups each contributing in their way. One of the first metrics he suggests is how open-source a project is. This openness allows anyone to review the code for security issues and suggest improvements. Buterin also discusses interoperability, which concerns how well different applications and wallets can work together, and which ERC tokens the projects are compatible with.

Making a Positive Impact

Another important area Buterin wants to focus on is decentralization and security. He mentions two tests: the walkaway test and the insider attack test. These tests help ensure that the project is robust and secure against internal threats. Buterin also believes that projects should be evaluated on their positive impact on the Ethereum community and humanity at large, such as improving financial access or creating new ways to fund public services.

Conclusion

Vitalik Buterin's ideas aim to create a more coherent and integrated Ethereum ecosystem, where projects are evaluated not only on their technical merits but also on their social and economic impact.

Applying these proposed metrics will help the Ethereum community move toward a more integrated and sustainable ecosystem, uniting the efforts of various teams and projects around common values and goals.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Internet Computer Unveils Improved Privacy and Security Capabilities.

chest

The Internet Computer has introduced new privacy features, including vetKeys and improved user authentication methods.

user avatarElias Mukuru

Ostium Secures $20 Million Series A Funding to Expand Trading Protocol

chest

Ostium Labs has raised $20 million in Series A funding to enhance its decentralized trading infrastructure.

user avatarMaria Fernandez

Ostium Launches Decentralized Exchange for Perpetual Futures Trading

chest

Ostium has launched a decentralized exchange for trading perpetual futures contracts on various real-world assets on the Arbitrum blockchain.

user avatarDiego Alvarez

SEC Greenlights 21Shares' 2x Leveraged SUI ETF.

chest

The SEC has approved a 2x leveraged exchange-traded fund tied to the SUI token, marking a significant regulatory milestone.

user avatarMohamed Farouk

Optimism Fuels Significant Cryptocurrency Transactions.

chest

Optimism's infrastructure supports 15% of all cryptocurrency transactions, enhancing efficiency across multiple chains.

user avatarKenji Takahashi

Silk Road Wallets Transfer $314 Million in Bitcoin After a Decade

chest

Dormant Silk Road wallets have reactivated, transferring $314 million in Bitcoin to an anonymous address, raising questions about market impact and ownership.

user avatarGustavo Mendoza

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.