Ethereum founder Buterin proposes new strategy for Layer 2 integration
Powered by ChatGPTEthereum founder Vitalik Buterin has proposed a new scalability strategy focusing on the integration of Layer 2 and ETH. This proposal was released days after he announced significant changes to the Ethereum Foundation. Buterin emphasized in his blog that as Ethereum's growth stabilizes, there is an urgent need for a more comprehensive adoption of Layer 2 solutions to enhance $ETH's market value and solidify its key role in the blockchain economy. Layer 1 has matured but cannot meet the demands of decentralized applications. Buterin suggested that Layer 2 networks should use $ETH as "the primary collateral" and burn or stake a portion of the gas fees to enhance $ETH's deflationary characteristics. Blob transactions are one of the key technologies, and EIP-4844 and the Pectra upgrade will improve transaction speeds. Ethereum's price is currently stable, with neutral market sentiment, facing resistance at $1,920 and support at $1,800. Buterin's foundation changes have sparked discussions about Ethereum's future leadership.