Not a bit of innovation

Vitalik paints a big picture, can Ethereum really take off?

Big news! Vitalik is at it again. At the Eth San Francisco summit, he pointed Ethereum in a clear direction, saying that in the future, Ethereum needs to attract a ton of users and fully leverage its advantages like openness, censorship resistance, and security.

Vitalik also plans to optimize ICOs, DAOs, and RAWs, and create an amazing social layer to fix the current issues with Ethereum. This will be accomplished by the Taiko team, which is impressive, capable of processing ten thousand transactions in one second.

In the future, Ethereum transactions will be fast and cheap, ICOs will be orderly, DAOs will manage themselves well, and social interactions will be interesting and safe; just thinking about it is delightful. However, the technical implementation by the Taiko team is quite challenging, and the blockchain market changes rapidly, so it remains uncertain whether Ethereum can develop as Vitalik described.

But now that Vitalik has made this statement, a major transformation for Ethereum is definitely on the way. Let’s grab our little stools and wait to see if Ethereum can undergo a magnificent transformation!