Ethereum co-founder Vitalik Buterin discusses the dimensions of connectedness to the blockchain, including withdrawal and reading security. He emphasizes the importance of high security and tight connectedness for some applications, while others may require something looser. The rise of Layer-2 solutions has led to significant growth in Ethereum's active addresses, but not all growth has been organic, with some attracting inorganic activity from sybil attackers. Additionally, CeloOrg is transitioning to an ETH Layer-2 solution, which has resulted in a 75% increase in average daily active addresses.
Q3'23 brought the beginning of @CeloOrg's transition to an ETH L2. Avg daily active addresses increased 75% QoQ, driven by GoodDollar & LayerZero activity. Future growth will likely come from use cases like MiniPay, a new stablecoin wallet integrated into Opera's mobile browser. https://t.co/h0ItLzK3NW
Vitalik Buterin delves into the varied approaches within Ethereum's layer-2 ecosystem, aiming to bolster scaling, reduce costs, and enhance security. https://t.co/jMtsTMAo7h
The rise of Layer-2s such as Base, zkSync, PolygonZk, and more have caused significant growth over the past year. L2s now represent 157%+ of Ethereum's active addresses. However, growth has not been equal, and many attract inorganic activity from sybil attackers. https://t.co/vQbHjngFqA
By prioritizing secure access control, you lay a strong foundation for building resilient and sustainable smart contracts. Learn more👇 https://t.co/ymrgU15Re9 https://t.co/HscdccYknn
On Oct. 31, Ethereum's co-founder discussed the dimensions of connectedness to the blockchain, including withdrawal and reading security https://t.co/Rg1Y8elTVV
Vitalik published an article discussing two key dimensions to "connectedness to Ethereum", including Security of withdrawing to Ethereum and Security of reading Ethereum. For some applications, high security and tight connectedness are important. For others, something looser is… https://t.co/JTa1ulKT0A
"Ethereum is on a path to becoming a global standard in the global business and financial infrastructure. But, it’s not quite there yet, and the ecosystem needs to carefully avoid what I think are three risks," says @pbrody. Opinion. https://t.co/MBNhfU2Jvl