By: Isha Das
Ethereum co-founder Vitalik Buterin has proposed reducing the dependency on constant protocol upgrades, aiming for a more stable and resilient network. This approach, termed 'technological ossification,' suggests minimizing changes to Ethereum’s core to enhance security and predictability. Such stability is necessary as Ethereum secures billions in value, ensuring that even if key developers are inactive, the platform remains reliable.Read more
Buterin’s vision includes promoting decentralized stablecoins to protect the network from traditional financial system dependencies. By avoiding frequent updates, the Ethereum core becomes a consistent platform while allowing rapid innovation in surrounding ecosystems like layer-2 rollups. This strategy mirrors Bitcoin's conservative protocol change approach, aiming to bolster Ethereum’s position as a secure yet adaptable digital currency framework.