Vitalik "Ethereum is a 'rebellion' against centralization... greater improvements needed"

Source
JOON HYOUNG LEE

Summary

  • Founder Vitalik Buterin emphasized that Ethereum is a 'rebellion' against centralization.
  • He said Ethereum must be usable at large scale and actually decentralized.
  • Buterin said larger improvements are needed in both the blockchain layer and the application layer going forward.
Vitalik Buterin, Ethereum(ETH) founder. Photo=Shutterstock
Vitalik Buterin, Ethereum(ETH) founder. Photo=Shutterstock

Vitalik Buterin, the founder of Ethereum (ETH), said on the 1st (local time) that "Ethereum is a rebellion against centralization."

Buterin said via X (X) that "the real goal of Ethereum is to build a 'world computer' that operates as the core infrastructure of an open internet."

Buterin emphasized, "We are creating decentralized applications." He said, "From a user's perspective, an application so independent that users would not even notice if Cloudplay went down or even if Cloudflare as a whole were hacked by North Korea," adding that it is "(also) an application that operates stably beyond the rise and fall of companies, ideologies, and political forces."

Buterin noted that "these characteristics may sound radical." He continued, "Just one generation ago, wallets, appliances, books, and cars naturally met all of these conditions," and said that "today all of these have been converted into subscription services, making them permanently dependent on centralized authorities." Buterin said, "Ethereum is a rebellion against this," and added, "to realize this, Ethereum must be usable at large scale and actually decentralized."

He also mentioned the need for future improvements. Buterin said, "They must be achieved in both the blockchain layer — including the blockchain itself and the software (SW) that runs and connects it — and the application layer," and stated, "all of these components are already improving, but larger improvements will be needed going forward."

JOON HYOUNG LEE

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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