Keynote by Vitalik Buterin at Ethereum Community Conference

Ethereum co-founder Vitalik Buterin delivered a keynote address at the Ethereum Community Conference (EthCC) in Brussels, focusing on hardening the Ethereum blockchain. The event, attended by approximately 1,100 people, featured Buterin discussing the strengths and weaknesses of the Ethereum ecosystem.

Strengths and Weaknesses of Ethereum Blockchain

Buterin highlighted the decentralized staking ecosystem of Ethereum as one of its strengths, along with its international and intellectual community. However, he also pointed out weaknesses such as the challenges of solo staking and the technical complexity of running a node.

Proposed Improvements

Buterin proposed technical improvements to address the weaknesses of Ethereum, emphasizing the need for protocol simplification. He suggested increasing the “quorum threshold” from 75% to 80% to enhance the blockchain’s security against potential attacks.

Concerns about Security

Expressing concerns about a 51% attack on the blockchain, Buterin discussed the community’s response strategy and the importance of coordination in safeguarding the network. He emphasized the value of strengthening Ethereum’s security measures while maintaining high standards.

Previous Appearances at EthCC

Buterin has been a regular speaker at EthCC, addressing various topics related to Ethereum. In previous years, he discussed challenges related to abstraction and Ethereum’s future ahead of the Merge.

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