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What are the long-terms goals for the Ethereum blockchain? Vitalik Buterin explains live at EthCC

Published 07/21/2022, 11:22 AM
Updated 07/21/2022, 01:00 PM
What are the long-terms goals for the Ethereum blockchain? Vitalik Buterin explains live at EthCC
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On Thursday, Vitalik Buterin, co-founder of Ethereum, shared his long-term vision for the namesake blockchain live at the annual Ethereum Community Conference, or EthCC, in Paris. As told by Buterin, Ethereum is currently at an inflection point, or period of rapid change, before the ecosystem's capability will eventually settle down.

Currently, the foremost priority for Ethereum is building an easy-to-use light client for consensus layer, execution layer, and layer-two solutions by default. Next is better support for home stakers or those looking to validate network transactions when Ethereum transitions to a proof-of-stake blockchain but possesses less than the required 32 Ether. Finally, Buterin believes it's critical that Ethereum can eventually be run on a full node with lighter hardware.

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