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Cryptocurrency News Articles

Ethereum Founder Vitalik Buterin Outlines His Vision for the Blockchain of Ethereum

Jan 27, 2025 at 04:30 pm

In 2025, the founder of Ethereum, Vitalik Buterin, fully outlined his vision for the blockchain of Ethereum and the full emphasis he places here

Ethereum Founder Vitalik Buterin Outlines His Vision for the Blockchain of Ethereum

In 2025, the founder of Ethereum, Vitalik Buterin, fully outlined his vision for the blockchain of Ethereum and the full emphasis he places here on Layer 2 protocols as critical. These, which were once experiments, now lock up billions of dollars in value and have increased Ethereum’s transaction capacity by a dramatic 17 times.

His vision for Ethereum is a censorship-resistant decentralized blockchain, where the scope of applications ranges from DeFi to social networks and enterprise solutions.

Buterin’s scaling plan focuses on some innovation points. Among these, one is the storage capacity of the blobs themselves- big data units used in transacting in Ethereum. With updates such as EIP-4844 and future Pectra, blob storage capacity will likely double by March 2025. These advancements will help push through the main scalability issues faced by Ethereum, further improvements from PeerDAS and 2D sampling may advance transaction speeds as high as a whopping 100,000 transactions per second, or TPS.

Security, Interoperability, and ETH’s Economic Value

Besides scaling, Buterin believes that security is very important, particularly for L2 protocols. Leaving the multisig systems behind and evolving into trustless rollups can improve security, together with other innovative solutions like multi-provers, formal verification, and native rollups, which involve the integration of state verification within the protocol itself.

Interoperability will be a key priority in Ethereum development because the user experience is going to demand seamless cross-chain bridges and faster deposit and withdrawal times. Chain-specific addresses and message-passing protocols will help unify the ecosystem, so it will work more holistically rather than just as a collection of fragmented chains.

Buterin also stresses the economic value of ETH. There needs to be a strong economy at the center of the L1 and L2 networks of Ethereum. He proposes burning fees, staking ETH, and increasing blob capacity to ensure that Ethereum remains a robust and adaptable ecosystem even in the face of growing L2 dominance.

The roadmap also points out the increasing requirement for better interoperability as Ethereum goes into proof-of-stake and continues its technical development. Buterin now focuses on standardized interoperability solutions that allow for seamless interaction between networks. He told wallet developers to implement these standards so that the users can seamlessly move within the Ethereum ecosystem.

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