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Vitalik: The future development of Ethereum can focus on reducing reliance on central intermediaries and ensuring that open participation remains intact
Odaily Planet Daily News ETH Square co-founder Vitalik Buterin said that the Decentralization of ETH Square is reflected in its ability to operate independently of its foundation. Unlike centralized projects, the development of ETH Square is distributed among multiple teams. This separation enhances resilience, but maintaining Decentralization requires ongoing effort. If it is not present, the network will face the risk of external control, which contradicts the open participation and autonomy purposes of blockchain in financial and technical systems. If Decentralization deepens further, the blockchain network may evolve into autonomous infrastructure, resisting control from enterprises or governments. Future development can focus on minimizing reliance on centralized intermediaries as much as possible, ensuring that open participation remains intact. However, maintaining this model requires continuous innovation in governance, scalability, and security to prevent consolidation and maintain true Decentralization. (Cryptonews)