1 hour ago
Vitalik Buterin Calls Consortium Blockchains a Failure and Backs Cryptographic Server Upgrades
EthereumArbitrumBlockchain TechnologyConsortium BlockchainsCryptographic ProofsethereumEVMLayer 2 Solutionsvitalik buterin
TLDR: Buterin declared consortium blockchains a failure at Arbitrum Day on July 20, 2024, citing cartel-like structures. He proposed adding Merkle roots and validity proofs to centralized servers as a low-disruption enterprise fix. Buterin defined four L2 categories: EVM chains, server upgrades, experimentation zones, and app-specific chains. Interoperability between diverse L2 types is central to [...]
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