Investing.com – Founder of, Vitalik Buterin, said in an interview with Naval Ravikant that blockchain technology has great potential danger if implemented incorrectly.
Vitalik, who is considered one of the great precursors of the blockchain sector, has always tried in recent years not to advance innovation at the expense of security.
In this context, he deeply regrets that his influence on the development of the ether is continuously diminishing. More and more people are involved when it comes to making changes to the protocol, as he said:
“I even feel like the window for bigger changes is closing. It’s getting harder and harder to put in place meaningful developments.”
From his point of view, the EIP-4488 would have been an important step that would have reduced the costs of rollups. However, it failed to allay the concerns of all parties involved, which is why this project was not pursued.
This may be because developers are very busy moving from proof-of-work (PoW) to proof-of-stake (PoS). This event, called a merger, was supposed to take place in June after many years of delay. But in the meantime, it has been announced that there will be a further postponement of many month.
By Marco Oehrl