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Vitalik
Buterin, the co-founder of Ethereum, recently made a surprising statement that Ethereum is "no longer Ethereum." This statement has sparked a lot of discussion and debate in the crypto community.
Here are some facts
1 . Vitalik Buterin believes that Ethereum is
no longer a single blockchain, but rather a network of blockchains. This is due to the
rise of layer-2 scaling solutions, such as Optimism and Arbitrum, which are built on top of Ethereum.
2 . These layer-2 solutions offer faster and cheaper transactions than Ethereum'
main net. As a result, many users and developers are now using these layer-2 solutions instead of the main net.
3 . Vitalik Buterin believes that this shift towards layer-2 solutions is a good thing for Ethereum. He believes that it will help Ethereum to scale and become more user-friendly.
4 .
However, Vitalik Buterin also acknowledges that this shift could lead to a fragmentation of the Ethereum ecosystem. He believes that it is important for the Ethereum community to work together to ensure that the different layer-2 solutions are compatible with each other.
Overall, Vitalik Buterin's statement that Ethereum is "no longer Ethereum" is a reflection of the changing landscape of the blockchain industry. As layer-2 solutions continue to develop, it is likely that Ethereum will become increasingly decentralized and fragmented. However, Vitalik Buterin believes that this is a positive development that will help Ethereum to thrive in the long term.
