Vitalik Buterin

The article discusses the challenges faced by Ethereum in how to reduce complexity and storage requirements in the long term while maintaining the chain's persistence and decentralization.

The development goal of Ethereum has always revolved around technological advancement. Since 2015, despite facing challenges such as high transaction fees and slow transaction confirmation speeds, significant innovations like Layer 2 technology and the EIP-1559 protocol have notably reduced transaction costs and improved transaction confirmation speeds.

Currently, every Ethereum protocol component that relies on elliptic curves requires some alternative based on hashing or other quantum resistance.

The current cryptocurrency field is no longer in its early stages.

The gluers should be optimized to become good gluers, and the coprocessors should also be optimized to become good coprocessors.

"I think they are all trying to address a crucial issue: having a concrete and positive imagination of a technologically advanced future, rather than just the 3478th Black Mirror-style Hollywood dystopia."

The L2-centered ecosystem is technically speaking a sharding, but within the sharding, you can build your own shard with your own rules. This is very powerful, with limitless creativity, and can achieve a lot of autonomous innovation. However, it also presents some key challenges, especially in terms of coordination.

Reduce conflicts, enhance technology. A key issue for the future development of Bitcoin is whether it can become a technology-driven ecosystem.

The L2-centered ecosystem is, in a true technical sense, sharding.

We should deeply respect the unique characteristics that make Ethereum special, and continue to strive to maintain and improve these features as Ethereum expands.