🚀 Vitalik Buterin's new L2 support standard is out!
Ethereum bigwig Vitalik Buterin recently announced that starting in 2025, he will only support Layer 2 (L2) expansion projects that have reached at least Phase 1 of development progress. This means that only those projects that are truly making progress will receive his public endorsement.
In his X post, Vitalik said that he will implement this new standard very seriously. For those new projects that are really interesting, he may give a short grace period. He also emphasized that personal relationships or financial investments will not affect his support decisions.
Vitalik's new standard includes a 75% consensus rule, which means that for major decisions, such as changing the proof system, a consensus of 75% of the members of the council is required. In addition, at least 26% of the council members must be independent of the core development team to increase decentralization and reduce the risk of governance failure.
The announcement was made amid the ongoing debate over whether L2 solutions are competing with L1 networks such as Ethereum. Some experts believe that L2 is competing for DeFi users, while others believe that L2 and L1 should work together to improve scalability.
At the same time, Vitalik also clarified the recent sale of 760 ETH from an Ethereum multi-signature wallet in his name. He said that the transaction was related to a biodefense organization he funded and was triggered by an automatic Cowswap TWAP order.
💬 What impact do you think Vitalik's new L2 support standard will have on the future development of Ethereum? Leave your opinion in the comment area!
