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

Ethereum Protocol Changes: Paradigm Urges Acceleration

user avatar

by Giorgi Kostiuk

10 months ago

Paradigm, a crypto venture capital firm, has suggested speeding up changes to the Ethereum protocol to keep it relevant and innovative.

Ethereum Protocol: Need for Changes

In a blog post dated January 25, Paradigm noted that Ethereum's core protocol could evolve faster without compromising its core values. Historically, Ethereum implemented changes about once a year. The firm calls for more, maintaining decentralization and openness.

We think Ethereum’s core protocol could be improving much faster.

Supporting Layer 2 and Innovations

Paradigm expressed a desire for Ethereum Layer 2 networks to inherit security from the base layer through 'native' rollups. This is intended to help scale the network without changing the block gas limit. The firm also proposed improving wallet infrastructure to simplify user experience.

Current Initiatives and Community Support

The Ethereum Foundation plans to allocate 50,000 ETH to support Ethereum's decentralized finance ecosystem and implement changes to actively support developers and provide transparency. These steps aim to strengthen Ethereum's potential and accelerate its development.

Paradigm's proposals could significantly accelerate Ethereum's development without compromising its core values. The community awaits how these proposals will be implemented in practice.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Surges Toward 88,000 Amid CZ's Cryptic Message

chest

Bitcoin's price surge toward 88,000 coincided with a cryptic message from Binance founder CZ, hinting at more all-time highs.

user avatarGustavo Mendoza

Challenges Faced by DAT Firms During Market Downturns

chest

DAT firms may encounter difficulties during crypto market downturns, including pressure from falling market NAV and the need for cash reserves to stabilize operations.

user avatarRajesh Kumar

Investors Prefer DATs for Regulatory Certainty

chest

Investors are increasingly choosing DAT firms like MicroStrategy over direct cryptocurrency investments due to the regulatory protections offered by SEC-regulated securities.

user avatarMiguel Rodriguez

Understanding the Risks of Trading DASH Perpetual Futures

chest

Traders are advised to understand the unique risks associated with DASH perpetual futures before engaging in trading.

user avatarKaterina Papadopoulou

AI Chatbots Transforming Ecommerce Discovery

chest

AI chatbots like ChatGPT are changing how consumers discover products, offering personalized recommendations and simplifying searches.

user avatarLuis Flores

Amazon and Walmart Capture Majority of AI-Driven Traffic

chest

Amazon and Walmart dominate the AI-driven ecommerce referrals, capturing nearly 70% of the traffic from ChatGPT.

user avatarMaria Gutierrez

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.