Ethereum mainnet celebrates its 9th anniversary! V God takes you to look forward to the next 10 years

This site (120btC.coM): On the occasion of celebrating the "9th anniversary of the launch of the Ethereum mainnet", co-founder Vitalik Buterin delivered a keynote speech at the Ethereum Developer Community Conference "EDCON 2024" today (30th) The speech uses "Beyond Web2" to set the tone for Ethereum's next 10 years.

The Ethereum genesis block was born on July 30, 2015, Eastern Time in the United States. Foreign media "CoinDesk" commented at the time: "It is large in scale and flexible in design. Its goal is to include almost everything on the decentralized network. "However, the article is also mixed with the opinions of skeptics, criticizing Ethereum for being "immature" and "too ambitious" and saying that it "still has a lot to prove."

Today, Ethereum has developed into a thriving ecosystem with more than 7.15 million monthly active users, more than 1 million verification nodes, and a market value of US$398.9 billion. In the past nine years, Ethereum has not only spawned many influential decentralized applications (DApps), but also served as the launch pad for decentralized finance (DeFi), fueled the NFT craze, and provided the foundation for decentralized autonomous organizations. (DAO) laid the foundation.

9 years of changes in Ethereum

Vitalik Buterin said today when delivering the keynote speech "The Next 10 Years of Ethereum" that looking back on 2015, the most watched decentralized community project at that time was EtherTweet, and now it is A more extensible Firefly (a client that combines Farcaster, Twitter and Lens).

He further mentioned that compared with 2019, Ethereum in 2024 has made great progress in terms of fees, transaction inclusion time (Tx inclusion time), and wallet security, and it is expected that in the next 5 years, smart contract wallets such as Safe will will be widely used.

However, Vitalik Buterin also admitted that he had a premonition in 2014 that decentralized exchanges (DEX) and prediction platforms would rise and occupy a place in the cryptocurrency ecosystem, but he did not expect that NFT would become popular.

The Next 10 Years

Looking forward to the next 10 years, Vitalik Buterin said that by 2034, Ethereum’s scalability will be significantly improved and transaction fees will become lower. By then, the Web2 user experience and the sovereign value of Web3 users will be combined to provide a more secure experience than traditional Web2 services. In addition, using Ethereum Layer 2 will be as smooth as using the mainnet directly.

Vitalik Buterin emphasized that developers should not only focus on copying Web2, but should try to surpass Web2 and explore new areas first. He said that in 2034, there will not only be computers and mobile devices, but also wearable devices, AI and AR that can run locally, and eventually it may be a brain-computer interface (BCI).

In addition, Vitalik Buterin also mentioned the possibility of building Community Notes, prediction markets and similar technologies directly into wallets or browsers. He said: In the next 10 years, we can do more things. Looking ahead to 2034, one of the use cases for wallets could be voting, trying to make voting more transparent, and trying to combine voting with certain aspects of finance.

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