Vitalik Buterin, co-founder of Ethereum, has unveiled a new roadmap aimed at enhancing the security and efficiency of Layer 2 solutions.
Vitalik Buterin's New Ethereum Roadmap
The plan emphasizes scalability while maintaining Ethereum’s core principles of decentralization and trustlessness.
Introducing the '2-of-3' Model and Its Importance
A significant aspect of the roadmap is the introduction of a '2-of-3' proof model, utilizing optimistic, zero-knowledge (ZK), and trusted execution environments (TEE). A transaction is finalized when any two systems agree, reducing risks of bugs or vulnerabilities from relying on a single system. This approach balances performance, reliability, and decentralization.
Cultural Shifts and Development Funding
Buterin also advocates for cultural shifts within the crypto community, suggesting a move towards 'open-source funding' for greater transparency and real-world impact, over the politicized notion of 'public goods'.
These proposals aim to advance Ethereum both technically and culturally, ensuring faster, safer, and more reliable Layer 2 networks while fostering genuine innovation.