Ethereum founders Vitalik Buterin and Joseph Lubin discussed key aspects of Layer 1 Ethereum amidst recent news about BlackRock's investments.
Buterin's Response to an Important Issue
Vitalik Buterin took to his X account to address the Ethereum community regarding the significance of Layer 1. He recalled the initial whitepaper issued in 2013, which positioned Ethereum as a decentralized and permissionless ledger.
BlackRock's Investments in Ethereum
Joseph Lubin reacted to a tweet containing data showing BlackRock's preference for Ethereum over other popular altcoins. A screenshot revealed that BlackRock’s $3 billion tokenized crypto fund holds $2.6 billion worth of Ethereum, while chains like Aptos, Avalanche, and others range between $18 million and $53 million.
Buterin and Lubin's Views on Ethereum L1
Lubin emphasized the importance of Ethereum Layer 1 as 'the master ledger for the world', highlighting its permissionless accessibility. He noted its qualities: 'credibly neutral', 'censorship resistant', and 'constantly progressively decentralizing'. Buterin supported this sentiment, stating, 'Ethereum L1 is the world ledger.'
The discussion between Buterin and Lubin underscores the significance and potential of Ethereum Layer 1 as a core component of the blockchain ecosystem, especially in light of the growing investments from institutional players like BlackRock.
