According to Cointelegraph, as Ethereum celebrates its tenth anniversary, the platform is at a critical juncture. Tomasz Stanczak, co-executive director of the Ethereum Foundation, discussed the changes in blockchain technology and the future of Ethereum in an interview.
Stanczak mentioned that Ethereum faces competition from new blockchains like Solana and Aptos. Despite criticisms that Ethereum lags in speed and user experience, the foundation is focused on long-term priorities and steady progress.
He also spoke about the evolution of the Ethereum ecosystem, particularly the important relationship between layer-1 and layer-2 solutions. The focus is on interoperability, tools, and standards to enhance the network's cohesion while maintaining decentralization and neutrality.
Regarding the debate on staking incentives and attracting validators, Stanczak stated that while institutions focus on returns, community members place greater importance on Ethereum's long-term value and security.
Community building is also a hot topic. Stanczak reflected on Ethereum's unique position in the crypto space and its different strategies compared to competitors.
The interview also touched upon the influence of Ethereum co-founder Vitalik Buterin and his subtle impact on the direction of Ethereum.
