Vitalik Buterin posted on X platform stating that Ethereum's fundamental value is not smart contracts or payment functionality, but rather serving as a publicly writable and readable "bulletin board" that provides data availability support for crypto protocols. He pointed out that many cryptographic protocols—including secure online voting, software version control, certificate revocation, and others—require a public data space. Ethereum's upgraded PeerDAS mechanism can increase data availability by 2.3x, with potential for a further 10 to 100x improvement. Buterin also emphasized that ETH's role in payments, Sybil attack resistance, and smart contract security deposits makes it a core component of a decentralized, private, and secure open-source technology stack. He believes Ethereum can be viewed as "global shared memory," and low fees and scalability improvements will further drive its application adoption, including DeFi and more potential use cases. #Gate广场AI测评官 #Gate2月衍生品市场份额创新高 #原油价格上涨

ETH1.07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin