In the 11th AMA (Ask Me Anything) event held on January 10, 2024, the Ethereum Foundation’s research team had in-depth exchanges and interactions with community members. Vitalik Buterin and his team answered 313 questions in detail and shared their views on the future development trends of Ethereum.
[Expansion Limitations of EIP-4844] When talking about the bottlenecks of EIP-4844 in Ethereum expansion, Vitalik Buterin made his position clear. He pointed out that while this project lays the foundation for future expansion, further technological breakthroughs are still needed to increase throughput.
[Challenges of Ethereum L2] In the AMA, the team discussed the liquidity fragmentation and combinatorial problems existing on Ethereum L2. Vitalik believes permissionless cross-L2 transfer protocols like UniswapX will be key. It can be seen that people have expectations for a more open and interconnected Ethereum network.
[Lido’s Dominance] Talking about Lido’s leadership in the Ethereum staking market, Vitalik and his team said that it is more important to lower the barriers to market entry rather than directly intervening in its market share.
[Security Budget Considerations] The team also discussed the issue of Ethereum’s security budget, emphasizing the difference between true security budget and economic security, and recommended leaving about a quarter of the pledged ETH.
[The future of native Rollup] Speaking of native Rollup, Vitalik believes that this will be an important part of the future development of Ethereum, but it will take time to achieve goals such as EVM precompiled security, performance, and diversity.
[Intersection of AI and Blockchain] During the exchange process, the potential applications of AI and blockchain were widely discussed, and artificial intelligence currency and security identification were highlighted as two key intersections.
The Ethereum community pays great attention to the intersection of AI and blockchain. They believe that the combination of these two technologies will usher in a new era. In the future, AI technology can be used to improve the performance and security of smart contracts and help Ethereum solve complex security issues. At the same time, the decentralized nature of blockchain can ensure the reliability of AI applications and protect data privacy.
Looking to the future, Ethereum will develop together with AI technology to achieve more powerful and reliable smart contract applications.In this process, Ethereum will continue to improve its performance and security to adapt to more complex application scenarios. I believe that the future of Ethereum will be even more exciting, and we also look forward to it bringing more changes to our lives in the future.
[Exploration of Privacy Issues] Vitalik elaborated on his views on long-term plans to improve Ethereum user privacy, and solutions such as Railway that can achieve this goal, indicating continued concern for privacy protection.
When it comes to ensuring that Ethereum user privacy is protected, we first need to recognize the importance of users’ personal information. Therefore, the Ethereum protocol has multiple technical measures built into it to ensure the security and integrity of information.
First, Ethereum uses two-factor authentication technology to ensure that only authorized users can access personal information. Secondly, in order to prevent data from being maliciously tampered with, Ethereum has also adopted data signature and encryption measures. A signature is a special encryption algorithm that verifies whether data has been tampered with. In addition, Ethereum also uses zero-knowledge proof technology to maximize user privacy while verifying user identity.
However, ensuring the privacy of Ethereum users is not just a technical issue. It also requires users to strengthen their security awareness, such as using strong passwords, avoiding easily disclosing personal information to others, and conducting regular security checks on accounts and devices.
In general, Ethereum strives to ensure that user privacy is fully protected through a combination of technology and user education.
[Conclusion] This AMA not only allowed everyone to see the Ethereum community’s in-depth understanding of the future technological development direction, but also reflected their thoughtful consideration of existing issues. Vitalik Buterin and the Ethereum Foundation research team’s sharing provided us with valuable information and demonstrated their continuous efforts at the forefront of blockchain technology.
