Vitalik Buterin Ponders on Centralized Staking at ETH HK Hackathon
Vitalik Buterin discusses centralized staking and scaling challenges in Ethereum. He highlighted four key scaling challenges in layer-two solutions, including zk proofs and data availability. Buterin stressed maintaining a robust base layer while expanding capabilities for Ethereum scalability. Vitalik Buterin, a renowned co-founder of the second-largest crypto project, Ethereum, has raised critical discussions surrounding the challenges of the Ethereum proof-of-stake network. It included centralized s taking and transaction processing efficiency alongside scaling issues of layer two. Buterin took the move during his presentation in the ongoing Ethereum Hong Kong Hackathon. The prominent Chinese report, Colin Wu, spotlighted the development in a recent tweet, including screenshots of Buterin’s presentation slides. Also, Wu noted that the Ethereum co-founder suggested four issues that often plague layer-two blockchain scaling solutions. Vitalik'...