Vitalik announced that he would no longer call for L2 "unless governance is decentralized" and denied selling 190 ETH: someone else did it

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Vitalik Buterin, co-founder of Ethereum , previously advocated in a speech that ecosystem standards need to become stricter. He said that people's standards are currently very loose. As long as a project claims to be "moving toward decentralization," people will accept it, but he It is believed that standards should be raised, and by the end of this year, projects must have reached at least the first stage before they can be considered a rollup.

Vitalik Buterin said that after reaching the first stage, you can then cautiously move towards the second stage, that is, a Rollup world truly supported by code. The safety committee can only intervene when the code "can be proven to be self-contradictory." One way to achieve this safely is to use multiple prover practices.

V God announced to improve L2 endorsement standards

Vitalik Buterin tweeted today to share a screenshot of the speech and announced that he plans to raise the standards for public endorsement of L2 projects starting next year:

I am very serious about this. Starting next year, I plan to mention only those L2 projects that have reached stage 1 and above in public forums (such as blogs, speeches, etc.), perhaps giving a short window of opportunity for new and really interesting projects to emerge. deadline.

Regardless of whether I invest or not, or whether you are my friend, the project must reach stage 1 or it will not be considered.

Several ZK-rollup teams have told me that they expect to reach Phase 1 before the end of the year. I'm very much looking forward to this.

According to Vitalik Buterin's definition, to meet the criteria of Phase 1, the project board needs a majority of more than 75% to overturn the certification system, and at least 26% of the board members must be from outside the Rollup team.

Vitalik Buterin noted that while security measures should not be abandoned prematurely, Phase 1 is a reasonable and modest milestone, citing his own experience with multi-signature wallets that have had no single points of failure for many years, arguing that 26% of external council members The requirements are achievable:

The era of Rollups as a "multi-signature upgraded version" is coming to an end, and the era of trust based on cryptography is coming.

Buterin denies selling coins

In addition, Vitalik Buterin has recently been criticized by the community for frequently selling Ethereum. According to monitoring by on-chain analyst @ai_9684xtpa, an associated address of Vitalik Buterin received 3,800 ETH transferred by Vitalik Buterin in the past month. Yesterday, another 190 WETH were sold on the chain, worth $440,000.

This once again made the community dissatisfied. A netizen tweeted today asking Vitalik Buterin to "stop selling Ethereum." However, Vitalik Buterin tweeted to clarify that he had not sold:

Yesterday's ETH sell-off was initiated by a biodefense group I fund and was triggered by an automatic CoWSwap TWAP order set as early as August 29th. This was the last order.

DEX aggregator CoW Swap launched the time-weighted average price (TWAP) order last year. This mechanism allows traders to disperse large orders into multiple small orders within a specified time range to stabilize market price fluctuations and achieve An average strike price.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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