Vitalik: Future development of Ethereum can focus on reducing reliance on centralized intermediaries and ensuring open participation remains intact
This article is machine translated
Show original
Odaily reports that Ethereum co-founder Vitalik Buterin stated that Ethereum's decentralization is reflected in its ability to operate independently of its foundation. Unlike centralized projects, Ethereum's development is distributed across multiple teams. This separation enhances resilience, but maintaining decentralization requires ongoing effort. Without it, the network would face the risk of external control, which is at odds with blockchain's purpose of open participation and autonomy in financial and technological systems. If decentralization is further deepened, blockchain networks may evolve into autonomous infrastructure, resisting control by corporations or governments. Future developments can focus on minimizing reliance on centralized intermediaries, ensuring that open participation remains intact. However, maintaining this model requires continuous innovation in governance, scalability, and security to prevent consolidation and preserve true decentralization. (Cryptonews)
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share