Ethereum

Ethereum Name Service

Coin

<ul class="news-points">
 <li>Vitalik Buterin calls for a decentralized protocol to enhance L2 asset transfers.</li>
 <li>Buterin proposes prioritizing token transfers and Ethereum Name Service enhancements.</li>
 <li>He emphasizes the need for improvements in security and decentralization between L1 and L2.</li>
</ul>
Vitalik Buterin, co-founder of <a href="https://coinedition.com/ethereum-co-founder-comends-communitys-free-speech-culture/" rel="noopener noreferrer nofollow">Ethereum</a>, recently called for the development of a standardized decentralized protocol to facilitate smoother asset transfers across Layer 2 (L2) solutions within the Ethereum ecosystem.
In a tweet, Buterin emphasized the importance of integrating this protocol into common wallet interfaces. He argued that prioritizing foundational infrastructure should be a focus before delving into more intricate features. Notably, Buterin highlighted the need to enhance the user experience within the L2 space, aiming to achieve a level of cohesion comparable to Layer 1 (L1).
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Our biggest UX problem is, the L2-verse doesn't feel enough "like a unified ethereum". It's much better than a year ago, but still far from perfect. A simple algorithm: what feels easy to do on L1, but is hard across L2s? Figure out cross-L2 standards/infra for that. Examples:…— vitalik.eth (@VitalikButerin) <a href="https://twitter.com/VitalikButerin/status/1792789144109776913?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May …</a>
 </blockquote>
 </div>
</figure>
The post <a href="https://coinedition.com/vitalik-buterin-calls-for-standardized-protocol-to-bridge-ethereums-layer-2-gap/" rel="noopener noreferrer nofollow">Vitalik Buterin Calls for Standardized Protocol to Bridge Ethereum’s Layer-2 Gap</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Vitalik Buterin Calls for Standardized Protocol to Bridge Ethereum’s Layer-2 Gap

Coin Edition

Other articles published on May 21, 2024

SEC Chair Gary Gensler Mocked By Popular Crypto Analyst After Spot Ethereum ETF Progress: 'His Me...

SEC's Regulatory Actions Impact Crypto Market: Key Developments and Consequences

InvoiceMate and 24SEVEN Partner to Revolutionize Retail Supply Chain in UAE with Blockchain and AI

BREAKING: SEC Says to Exchanges That It’s Leaning Toward Approving Ethereum Spot ETFs

Notcoin Attracts Millions of Users on Telegram

Experts Predict Litecoin’s Potential in the Bull Market

Join our free newsletter for daily crypto updates!