Ethereum's Vitalik Buterin Suggests Changes To Layer-2, Posing Challenges For Projects
Portfolio Pulse from Mehab Qureshi
Vitalik Buterin, Ethereum's co-founder, has proposed changes that could affect layer-2 networks by reintegrating certain functionalities back into the Ethereum main chain. This could disrupt layer-2 projects like Polygon, Matter Labs, and Scroll, which have adapted to the previous computational model. Buterin's 'enshrined zkEVM' concept, combining zero-knowledge cryptography with the Ethereum Virtual Machine, aims to enhance the Ethereum network's security and efficiency.
December 14, 2023 | 6:36 am
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Polygon (MATIC) could face challenges due to Vitalik Buterin's proposed changes to Ethereum's layer-2 networks, which may require the project to adapt its current zkEVM implementations.
Polygon, being a significant layer-2 project, has invested in the current computational model that Buterin is considering changing. The proposed 'enshrined zkEVM' could require Polygon to make significant adjustments to its system, which could disrupt its operations and potentially affect its token's value in the short term.
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