Ethereum at a Crossroads - Vitalik Buterin (Live from EthCC 7)
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
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Challenges and Future Directions in Ethereum Development
This chapter delves into the challenges faced in developing Ethereum, discussing issues such as high transaction fees, usability challenges, and the importance of hardness in the ecosystem. Conversations revolve around potential future directions for Ethereum, including optimizing for layer twos, enhancing first-layer security, or focusing on high-performance applications. The chapter also explores maintaining decentralization and shared security in blockchain protocols, discussing concepts like pre-confirmations in transactions and balancing decentralization with coordination for a better user experience.
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