๐จ๐จ #ZKproofs ๐จ๐จ$ETH ๐จ
๐ฅ What did Vitalik Buterin recently express about Ethereum's future? ๐๐
๐ต๏ธโโ๏ธ Call for a Cypherpunk Revival ๐
๐ก Vitalik Buterin, Ethereum's co-founder, urged the community to "Make Ethereum cypherpunk again", emphasizing the need to return to its core principles of decentralization, privacy, and censorship resistance. ๐ซ๐ (cointelegraph.com)
๐ Concerns Over Financialization ๐ฐ๐ณ
โ ๏ธ Buterin warned that Ethereum has become too focused on financial applications (DeFi, NFTs) since 2017, shifting away from its original vision as a platform for decentralized innovation. ๐๐ (cointelegraph.com)
๐ธ Challenges with High Transaction Fees ๐ตโก
๐ He pointed out that expensive gas fees โฝ are preventing developers from building non-financial applications ๐๏ธ, limiting Ethereumโs diversity and accessibility. ๐ (cryptopolitan.com)
๐ Encouraging Developments & Solutions ๐ ๏ธ
โ New tech like rollups, zero-knowledge proofs (ZKPs), and account abstraction ๐ are helping reduce fees and bring Ethereum back to its cypherpunk roots. ๐ฅ๐ก (crypto-economy.com)
๐ฎ Vision for Ethereumโs Future ๐๐
Buterin wants Ethereum to become more than just finance! ๐๐
๐ Decentralized social media (no censorship) ๐ฃ๏ธ๐ข
๐ณ๏ธ Anonymous voting systems ๐๏ธโ
๐ Privacy-first applications (resistant to surveillance) ๐๐ซ
๐ On-chain governance with zero-knowledge proofs ๐ค๐
๐ฅ Buterin's message is clear: Ethereum needs to rediscover its roots! ๐ฑ๐ก The new generation must step up to build a truly decentralized future. ๐๐