Beyond Speculation: How Vitalik Leads Ethereum's Path to Real Value
A few days ago, Vitalik pushed for the evolution of the ETH core protocol: EIP-4444 mitigates node centralization with historical state expiry and explores optimization of Gas and the execution layer, balancing L1's TPS and decentralization. Last July, during an AMA at the University of Waterloo, he emphasized this focus on protocol sustainability, transcending short-term speculation with a Builder mindset. On-chain data ($2.5-2.6K, 400K+ DAA, TVL > 64 billion) shows resilience and has warmed up compared to last month's data, but the L1 State Explosion remains a hidden danger. The partial statelessness promoted by Vitalik is the key solution: aiming to lower verification thresholds, paving the way for Verkle Trees and ultimately complete statelessness, to enhance the antifragility of the L1 settlement layer.