On August 22, Ethereum co-founder Vitalik Buterin posted on social media that "Ethereum has become stronger: Transaction fees on L2 are less than $0.01. Two EVM L2s (Optimism and Arbitrum) have now entered the first phase. The user experience of the wallet has been greatly improved (for example, there is no need to manually switch networks), but there is still a long way to go. More powerful and mature ZK tools make life easier for application developers. We are beginning to see the emergence of second-generation privacy tools (such as 0xbowio). The identity/reputation/credential ecosystem has become stronger and is beginning to be used more and more in practice. Progress in STARKs has made the prospects for long-term security and decentralization clearer. The account abstraction roadmap is clearer. The final plan for block construction is clearer (it seems to come down to a choice between FOCIL+APS and multiple proposers). The decentralization of Staking remains stable (the claim that "PoS is more centralized than PoW" has been proven to be completely wrong). Ethereum's fundamentals are actually very strong at the moment."

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