Vitalik Buterin: Ethereum ‘fails’ without these 3 important ‘transitions’

Ethereum co-founder Vitalik Buterin believes the success of Ethereum will come down to three major technical “transitions” that need to happen almost simultaneously — layer-2 scaling, wallet security, and privacy-preserving features.

In a June 9 post via his personal blog, Buterin

Buterin said achieving all three will be “challenging” because of the “intense coordination” involved between them.

He admitted that each of the three transitions “weaken” the “one user — one address” model, which, in turn, may complicate the way transactions are executed.

“If you want to pay someone, how will you get the information on how to pay them?”

“If users have many assets stored in different places across different chains, how do they do key changes and social recovery?” he added.

Buterin concluded by stressing the need to build infrastructure that ultimately improvers user experience:

“Despite the challenges, achieving scalability, wallet security, and privacy for regular users is crucial for Ethereum’s future. It is not just about technical feasibility but about actual accessibility for regular users. We need to rise to meet this challenge.”

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