According to Odaily, Vitalik Buterin recently shared his insights on blockchain technology advancements in a response on X. He highlighted that both Layer 1 (L1) and Layer 2 (L2) solutions are now capable of confirming transactions within seconds. Additionally, he noted that the cost per transaction on L2 has dropped to below $0.01.

Buterin also praised the performance of platforms like Farcaster, Lens, and Polymarket over the past year, describing their progress as remarkable. He mentioned that the blockchain community is now entering the stages of Zero-Knowledge (ZK) identity and ZK voting, indicating significant strides in the technology's development and application.