Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Vitalik Buterin Names the Only Layer-2 Networks He Will Endorse in 2025

Vitalik Buterin Names the Only Layer-2 Networks He Will Endorse in 2025

CryptopotatoCryptopotato2024/09/11 16:00
By:Author: Wayne Jones

His new L2 support criteria includes a 75% consensus rule and aims to limit core developer influence, boosting decentralization efforts.

Ethereum co-founder Vitalik Buterin has announced a shift in his endorsement strategy for Layer 2 (L2) scaling solutions.

Beginning in 2025, he will only publicly support L2 projects that have reached at least Stage 1 in their development, with a possible short grace period for new and genuinely interesting projects.

Buterin Shifts Focus to Layer 2 Projects

“I take this seriously,” he wrote in an X post .  “Starting next year, I plan to only publicly mention L2s that are stage 1+, with maybe a short grace period for new genuinely interesting projects.” He also emphasized that personal relationships or financial investments will not influence his decision to endorse a project.

The post also details the governance requirements for Stage 1, explaining that it necessitates a 75% consensus from the governing council for major decisions, such as overriding proof systems. At least 26% of the council must also be independent of the core development team, a measure designed to increase decentralization and reduce the likelihood of governance failures.

He added that “the era of rollups being glorified multisigs is coming to an end. The era of cryptographic trust is upon us.”

In October 2020, Vitalik laid out a rollup-centric roadmap for Ethereum, emphasizing that scalability would come from Layer 2 solutions rather than improvements to the Layer 1 (L1) base layer.

This strategic direction is based on the belief that L2 rollups can offer Ethereum far greater scalability and efficiency than relying solely on upgrades to the L1 blockchain.

L2 vs. L1 Debate

These comments come amid ongoing debates within the industry about whether L2 solutions compete with L1 networks like Ethereum. Max Resnick, an engineer with the Special Mechanisms Group, believes that L2s compete for users.

However, Steven Goldfeder, co-founder of Offchain Labs, disagrees, suggesting that L2s and L1s work together to improve scalability. “If Ethereum reaches its potential, we’ll have plenty of demand to fully saturate L1 and multiple L2s/L3s,” he argued.

Meanwhile, on September 9, Spot On Chain reported that a multi-signature wallet receiving Ethereum from Buterin had sold 760 ETH, valued at $1.835 million. This sale followed earlier transfers totaling 3,800 ETH in August.

In response to speculation about the sale, Viatlik has clarified that it was related to a bio-defense group he funds, triggered by an automatic Cowswap TWAP order set up in late August. He added, “That was the last one.”

He also recently revealed that he has not sold ETH for personal benefit since 2018, emphasizing that his ETH sales typically go to charitable causes, non-profits, or other projects.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

CandyBomb x TRUST: Trade futures to share 200,000 TRUST!

Bitget Announcement2025/11/06 12:00

CandyBomb x TRUST: Trade to share 1,580,000 TRUST!

Bitget Announcement2025/11/05 10:00

Buy MMT,Get 100% fee rebate in MMT!

Bitget Announcement2025/11/05 04:00