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Ethereum Cancun upgrade is imperative Buterin agrees that some

Date:2024-04-22 18:41:35 Channel:Trade Read:
Ethereum has always been a high-profile star project in the cryptocurrency world, and its upcoming Cancun upgrade has attracted widespread attention. Recently, Ethereum founder Vitalik Buterin said that some products will use Validiums technology instead of traditional Rollups. This decision has aroused heated discussions in the community. Let’s dig deeper together to uncover the importance of this upgrade and the deeper meaning behind Buterin’s decision.
Ethereum’s Cancun upgrade has been highly anticipated, and Buterin’s support for Validiums technology will undoubtedly add new highlights to this upgrade. As a second-layer solution, Validiums can provide higher transaction throughput and lower costs, greatly improving the performance of the Ethereum network. The adoption of this technology will bring a faster and cheaper transaction experience to Ethereum, further promoting the development of Ethereum in the cryptocurrency field.
Over the past few years, the Ethereum network has been criticized for transaction congestion and high gas fees. The introduction of Validiums technology will effectively alleviate this problem and bring users a smoother trading experience. By migrating some products to Validiums, Ethereum will be able to better respond to growing user needs and inject new vitality into the entire ecosystem.
In addition to performance advantages, Validiums technology also offers greater privacy and security. Privacy has always been an important consideration for users, and the adoption of Validiums will effectively protect users' private data and improve transaction security. This will attract more users to participate in the Ethereum network and promote the healthy development of the entire ecosystem.
As the founder of Ethereum, Buterin’s decisions on technology and governance have always attracted much attention. His choice to support Validiums technology shows his openness to innovation and focus on user experience. This forward-looking decision will lay a solid foundation for Ethereum's future development, allowing it to stay ahead of the fierce competition.
In general, Ethereum’s Cancun upgrade is imperative, and Buterin’s support of Validiums technology will inject new vitality into this upgrade. This decision will not only improve the performance and user experience of the Ethereum network, but also promote the development of the entire cryptocurrency industry. Let us look forward to the future of Ethereum together. We believe that with the joint efforts of V God and the community, Ethereum will usher in a more brilliant tomorrow.

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Coin Circle (120Btc.coM): Vitalik, founder of Ethereum
Buterin just responded to community comments on Twitter, clearly expressing his definition of Validium and saying that it is the right choice for some applications to be built on Validium rather than using Ethereum as the DA Rollups.

 The decentralized network that does not use Ethereum is Validium

 The definition of Validium raises the topic again

With the recent Cancun upgrade (Dencun) being inevitable, the EIP-4844 that will be introduced may bring about ecological changes in Layer 2, so the topics of keywords such as modularization, Rollups, data availability layer, and Layer 2 continue to heat up and move. Compete on the stage.

Among them, the issue of the definition and legitimacy of Rollups was mentioned again. ZK-, which focuses on the first type of Rollups
EVM project Taiko, its founder @danielwang.eth tweeted today that any Ethereum that uses an external data availability layer (DA)
Rollup can be regarded as the definition of Validium, but these remarks prompted Vitalik's reply.

 Buterin agrees that some services should use Validium

Vitalik agrees. The core of Rollups is unconditional security, which means that even if others collude, users can take out their assets. If the data availability layer relies on external systems and this cannot be done, the network should be Validium.

While sacrificing some decentralization, Validiums can use the decentralized data availability layer to ensure the normal operation of the system and enhance network security. These trade-offs will be nuanced decisions based on specific application needs.

However, Vitalik did not reject Validium. It said that Validium is the right choice for many applications because using a good decentralized data availability layer system can really improve Validium security and is a good way to do it.

Previously Vitalik elaborated on the advantages and disadvantages of various L2s:

 The Ethereum roadmap is still centered on Rollups

The Ethereum roadmap is still centered on Rollups rather than Validium, but judging from today’s post, Buterin does not seem to reject the value capture conflict between Validium and Ethereum.

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