Vitalik Buterin Advocates for Open Systems in Ethereum L2s
Vitalik Buterin, co-founder of Ethereum, has emphasized the importance of maintaining open systems within Ethereum Layer 2 (L2) solutions, highlighting their role in ensuring transparency, user control, and market integrity.
In a tweet on Wednesday, Buterin stressed that businesses operating on Ethereum L2s have the flexibility to decide how much control they retain versus what they give to users. However, he argued that whichever approach businesses choose, it is essential that the rules are clear, transparent, on-chain, and auditable by third parties.
Buterin further outlined different system models, noting that businesses can choose a closed system where the operator has the ability to modify the state root. In such systems, users would be fully aware of the risks involved, with independent groups like L2Beat monitoring the system.
You can create a very closed system where theres no escape hatch, and where the operator can edit the state root, but users will know exactly what theyre getting into, and L2Beat and independent internet sleuths will help them, he said.
Alternatively, businesses can opt for a fully open system or a hybrid model, where users retain some control, but certain constraints, such as transaction throttling instead of censorship, are put in place.
Buterin concluded by stressing two key aspects of the Ethereum ecosystem. First, ensuring that a substantial amount of financial activity occurs within fully open environments, and second, providing users with the necessary tools to understand the on-chain environments they interact with.
This perspective aligns with Buterins previous discussions about Ethereums future. In early 2024, he emphasized the importance of cultural diversity within Ethereums L2 ecosystem and the need for L2s to remain open-source to preserve Ethereums decentralized ethos. He also supported Ethereum Improvement Proposals (EIPs) aimed at enhancing cross-chain interoperability between L2 networks, reinforcing the open-source nature of L2 development.
In September, Buterins strategy for Ethereums future focused on a rollup-centric roadmap, urging the development of L2 solutions that align with Ethereums foundational open-source principles. This vision was supported by Steven Goldfeder, co-founder of Offchain Labs, who defended Buterins push for open-source L2 solutions as a way to stay true to Ethereums original ethos.
That said, Buterins comments come as developers push to expand Ethereums blob capacity for Layer 2 scaling. Last November, the pundit acknowledged the growing demand for blobs or data chunks used by Ethereums rollups to store transactions, which continues to exceed the target rate.
One part of L2 scaling is increasing Ethereums blob capacity, while the other is making rollups more data-efficient. He had noted.
Read more: https://zycrypto.com/vitalik-buterin-advocates-for-open-systems-in-ethereum-l2s/
Text source: ZyCrypto
