Ethereum Development Overview: From History to Future Experts' In-depth Analysis of Layer 2 and Scaling Strategies

The Past, Present, and Future of Ethereum

Recently, two senior figures in the Ethereum ecosystem conducted an in-depth discussion on the development history, current status, and future prospects of Ethereum.

Connecting with Ethereum

Two guests shared their experiences of entering the Ethereum ecosystem. One started with Bitcoin mining, went through the construction of the EOS ecosystem, and eventually returned to Ethereum to become a developer. The other was fully immersed in Ethereum during the 2017 ICO wave and focused on the development of early DeFi projects.

The Core Value of Ethereum

The discussion focuses on the core value of Ethereum. Compared to other public chains, Ethereum places more emphasis on decentralization and security, which is reflected in the development of multiple clients and its resistance to regulation. The success of the EVM also highlights Ethereum's important position in the industry.

Scalability and Market Competition

Ethereum is facing competitive pressure from other public chains and is actively expanding through solutions such as Layer 2. The implementation of EIP-1559 and future upgrade plans demonstrate Ethereum's efforts to meet market demands.

The Development Prospects of Layer 2

Layer 2 solutions are an important way to scale Ethereum. In the future, there may be Rollup-based Native Layer 2 that are more closely integrated with the Ethereum mainnet. However, the development of Layer 2 also brings new challenges, such as the dispersion of assets and liquidity.

The Next Growth Point of Ethereum

The guests discussed stablecoins, social applications, RWA assets, and payments as potential growth areas for Ethereum. They believe that connecting real-world assets with the crypto world could bring significant opportunities.

Ethereum's Upgrade Decision Mechanism

The upgrade decision-making process of Ethereum is transparent but takes a long time. Some believe that more ecosystem participants should be involved in the decision-making to better balance decentralization and efficiency.

Suggestions for the Ethereum Foundation

Guests proposed some improvement suggestions, including strengthening the connection between the foundation and the business side, and establishing departments that focus on user growth. They hope to contribute to the development of Ethereum and promote the sustainable and healthy development of the ecosystem.

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StableNomadvip
· 08-08 20:48
survived 3 bear markets... still bullish on eth but trust no one tbh
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RugPullSurvivorvip
· 08-08 20:29
I have long seen through it. Who hasn't been played people for suckers from rug and ico?
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TokenomicsTherapistvip
· 08-08 20:25
Before ETH black, later submission
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