Ethereum co-founder Vitalik Buterin recently stated that starting next year, he will only mention some Layer 2 that have reached Stage 1 or above in his blog and speeches. He said that this time he is very serious about expressing his views on technology. And he also responded to the public’s doubts about selling ETH when he fell in love in the comment area of the post.
Emphasizing security and decentralization, Vitalik announced that from next year it will only talk about “Stage 1+” L2
"Starting next year, I plan to only publicly mention (blog or speech, etc.) Layer 2 that has reached stage 1. I am very serious about this matter." Vitalik Buterin wrote on Twitter. But he also added that there is a grace period for particularly interesting or innovative projects.
He said personal investments or friendships will not affect whether he mentions part of Layer 2, "whether I invest or not, or whether you are my friend; stage 1 or fail."
The Stage 1 standard that Vitalik Buterin has been referring to refers to
A complete and functioning verification system is deployed.
At least 5 external parties can submit proof of fraud.
Users can exit without relying on the assistance of a licensed operator.
In the event of inappropriate escalation by actors more centralized on the Security Council, users have at least seven days to exit.
The Security Council has been set up correctly: 75% consensus of the Security Council is required to overturn the proof system, and no less than 26% of the Council members need to be independent of the rollup itself. This design emphasizes security and decentralization.
Vitalik Buterin said Stage 1 is a very reasonable milestone and a necessary advancement for Layer 2 network security. He also mentioned that multiple zk rollup teams have told him that they will reach the Stage 1 goal by the end of the year, which emphasizes the importance of moving from "glorified multi-signature" to a trust framework.
Vitalik: Only OP and ARB have reached Stage 1, and it was also revealed that L2 can steal user assets
Although public opinion ridicules Vitalik Buterin for only caring about technology and love, the market is probably only paying attention to currency prices. Under the post, someone asked Vitalik Buterin to stop selling Ethereum. He himself responded that yesterday's sale triggered an automatic pending order on August 29.
As for Stage 1, Vitalik Buterin emphasized this standard at the end of last month. On August 30, Mert, CEO of Helius Labs, tweeted that every major Layer 2 can now steal user funds through technology. Vitalik Buterin emphasized that reaching Stage 1 can prevent this problem. At that time, only Optimism and Arbitrum meet this standard.
This article Vitalik announced that it will only talk about Layer 2 of Stage 1 from next year, responding to the community’s doubts about selling coins. It first appeared on Chain News ABMedia.