Vitalik Buterin, one of the co-founders of Ethereum, recently shared his thoughts in a blog post regarding the necessary changes for Ethereum to remain relevant in the long run. Here are the key points he highlighted:
1. Ethereum rollups should become the standard, leading to cheaper transactions.
2. Increased adoption of smart contract wallets would enhance storage security effortlessly.
3. Privacy-preserving tools need to be developed to help Ethereum compete with centralized services.
It's encouraging to see a realistic perspective that acknowledges the limitations of blockchain technology and provides practical suggestions to overcome them.