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New Blog Post From Vitalik Just Dropped! Here’s What It Means…

October 3, 2023
in Web3
Reading Time: 3 mins read
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TL;DR

When ETH Daddy writes, he has a behavior of getting fairly darn technical. So, here is a breakdown of what Vitalik is ruminating on on this publish.

In his weblog publish, Vitalik is principally floating the next query: ‘What if we had been so as to add some/all of this performance to the bottom Ethereum protocol, as customary?’

Vitalik is basically getting the ball rolling on growth, by asking the Ethereum neighborhood which features ought to/should not be added.

Full Story

Alright, so ETH Daddy (Vitalik Buterin) simply dropped a brand new weblog publish – and when he speaks, of us are likely to pay attention.

Solely drawback is…

When ETH Daddy writes, he has a behavior of getting fairly darn technical.

So, here is a breakdown of what Vitalik is ruminating on on this publish.

First, in the event you may humor us…

Think about if Steve Jobs was a lower throat minimalist. Like, a lot in order that when he debuted the iPhone, the one app/operate it had was the flexibility to make cellphone calls. No SMS, no contact lists, no Settings app – undoubtedly no calculator.

As an alternative, think about that he needed all of these features and options to be created and delivered by third celebration builders, through the App Retailer.

That is form of how Vitalik envisioned the trendy day model of Ethereum. A brilliant minimalist, stripped down code base that did one factor and one factor solely:

Course of easy cryptocurrency transactions.

Every thing else, like features that scale back charges, pace up transactions, make crypto wallets operate extra like easy Web2 functions…

All of these features have been constructed as separate add-ons, like apps on an iPhone.

And similar to apps, they’ll plug in to the bottom Ethereum protocol (working system) if wanted – however they do not come put in proper out of the field.

In his weblog publish, Vitalik is principally floating the next query:

‘What if we had been so as to add some/all of this performance to the bottom Ethereum protocol, as customary?’

Which…seems like a little bit of a let down, proper? A six thousand phrase essay that asks a query, with out then offering a transparent reply.

However here is the trick of all of it…

Vitalik is basically getting the ball rolling on growth, by asking the Ethereum neighborhood which features ought to/should not be added.

(As a result of the Ethereum neighborhood are those that can first must resolve on any adjustments, then construct all of it).

Would it not be faster if there have been a central determination maker? Completely.

However when constructing decentralized techniques, you do not have that blessing/curse.

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Tags: BlogDroppedHeresMeansPostVitalik
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