A group of independent developers from the Ethereum ecosystem has announced the launch of Ethereum R1, a new layer-2 focused on decentralization and public funding.
Features of Ethereum R1
Ethereum R1 differentiates itself from existing layer-2 solutions by rejecting tokens, private sales, and centralized governance. It is described as a 'neutral rollup' aimed at upholding the principles of Ethereum.
Community and Technology
The launch of Ethereum R1 does not include any token presale or venture capital involvement. It is built using the Surge stack from NethermindEth and code from Taiko, with a 1% base fee allocated to the Taiko DAO until 2030. The project is open for donations, allowing it to operate during this period.
Reaction to the Launch of Ethereum R1
Since its announcement, Ethereum R1 has garnered attention from notable figures in the Ethereum community, including Justin Drake and Vitalik Buterin. The project is led by contributors like Jiajun, Ahmad, Kassandra, and Jünger. This raises questions about the future development of layer-2 and their role in the Ethereum ecosystem.
The launch of Ethereum R1 emphasizes the importance of decentralization in new technology solutions and the strive to create a sustainable infrastructure free from profit-driven governance.
