- Vitalik Buterin mandates Stage 1 readiness for Layer 2 rollups by 2024, emphasizing decentralized cryptographic trust.
- Rollup teams must meet a 75% council threshold and ensure 26% independence to achieve Stage 1, enhancing Ethereum’s security standards.
- ZK-rollup developers are working to reach Stage 1 by year-end, aligning with Buterin’s push for decentralized and cryptographically secure solutions.
Vitalik Buterin has once again set a clear tone for the future of Layer 2 (L2) rollups. He has urged the industry to reach Stage 1 readiness by the end of 2024. Buterin has made it clear that he will only support rollups that have achieved Stage 1 certification, a benchmark designed to ensure that these technologies offer a higher level of trust and decentralization.
Buterin’s New Rollup Milestone
The shift to Stage 1 for rollups is a critical step in the advancement of cryptographic trust. Buterin’s criteria include a rigorous 75% council threshold to override proof systems, ensuring that decision-making power is distributed. Additionally, more than 26% of council members must be independent of the rollup team to guarantee decentralization.
Broader Ecosystem Development Concerns
In a recent blog post, Buterin evaluated the overall state of Ethereum’s ecosystem and emphasized the importance of strong standards across L2 solutions. He emphasized that, while progress has been made, there remains a risk of stagnation.
He encouraged developers to take the essential steps to improve security. Additionally, Buterin warned that projects that do not reach Stage 1 risk falling behind in terms of technical innovation and public trust.
He also addressed the importance of maintaining safety through cryptographic proof systems. The move that aligns with Buterin’s belief that the era of glorified multisigs should come to an end. The transition marks a new phase of maturity for Ethereum, where more robust and secure systems are prioritized over temporary fixes.
ZK-Rollups Paving the Way
Buterin’s announcement comes as ZK-rollup teams across the crypto industry work toward achieving Stage 1 status. These teams are striving to meet Buterin’s newly defined benchmarks by the year’s end. The move is driven by the understanding that decentralized and cryptographically sound solutions will define the next phase of blockchain technology.
According to Buterin, multiple teams have indicated that they are on track to meet this milestone. This achievement would not only validate the progress of these rollups but also set a new standard for L2 scalability solutions.
The post Rollup Revolution: Vitalik Buterin Calls for Enhanced Standards in Ethereum Ecosystem appeared first on Crypto News Land.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed