Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Ethereum is Linux for the Open Internet of Value

CryptoExpert by CryptoExpert
January 8, 2026
in Blockchain News
0
Ethereum is Linux for the Open Internet of Value
  • Facebook
  • Twitter
  • Pinterest


You might also like

AAVE Price Prediction: $58 Support Test Before $75 Breakout – July Timeline

Trump unlikely to exit by June 30, Polymarket odds swing side

Kraken Brings SpaceX IPO Access with Tokenized Shares via xStocks

The Ethereum network, a decentralized layer-1 blockchain that executes smart contracts, is analogous to the open-source operating system Linux, according to Ethereum co-founder Vitalik Buterin. 

Linux and Ethereum are both open source and feature custom-tailored implementations. Linux achieves this through developers building custom modifications of software, while Ethereum does it through its layer-2 (L2) scaling networks, Buterin said.

Linux has provided value to “billions” of individuals, enterprises and state governments “without compromising” on its open source ethos or decentralization, Buterin said, adding: 

“We must make sure that Ethereum L1 works as the financial, and ultimately identity, social, and governance home for individuals and organizations who want a higher level of autonomy, and give them access to the full power of the network without dependence on intermediaries.”

Source: Vitalik Buterin

The analogy highlights the Ethereum Foundation’s long-term goals of making Ethereum an operating system for the Internet that allows for distributed computation, transferring value and risk and reaching consensus on on the Internet.

Betfury

Related: Ethereum and Solana clash over what blockchain resilience really means

Ethereum has layer-2s for every flavor, but tension persists

There are 127 layer-2 networks within the Ethereum ecosystem at the time of this writing, according to L2Beat. 

Critics of Ethereum’s layer-2 scaling approach say that there are too many layer-2 networks, competing with Ethereum and cannibalizing the base layer’s revenue, which plummeted following the Dencun upgrade in March 2024.

Linux, Ethereum, Vitalik Buterin, Layer2
Ethereum layer-1 revenue. Source: Token Terminal

Proponents of Ethereum’s scaling approach say that the diverse ecosystem of layer-2 networks gives Ethereum users optionality and a better user experience.

The modular scaling strategy potentially allows Ethereum to have many high-throughput chains built on top of the base layer, Anurag Arjun, co-founder of Ethereum L2 Polygon, told Cointelegraph.

“The under-appreciated beauty of this rollup-centric roadmap architecture is that it allows multiple teams to experiment with different execution environments and different block times,” Arjun said. 

However, a torrent of high-throughput chains without true blockchain interoperability will lead to greater ecosystem fragmentation, trapping user liquidity within isolated pools and giving users a worse experience, Arjun told Cointelegraph.

Magazine: How Ethereum treasury companies could spark ‘DeFi Summer 2.0’

This interview has been edited and condensed for clarity.



Source link

  • Facebook
  • Twitter
  • Pinterest
Tags: Ethereum
CryptoExpert

CryptoExpert

Recommended For You

AAVE Price Prediction: $58 Support Test Before $75 Breakout – July Timeline

by CryptoExpert
June 8, 2026
0
AAVE Price Prediction: $75 Breakdown Imminent as DeFi Selloff Accelerates

James Ding Jun 07, 2026 09:17 AAVE's RSI at 24.38 signals extreme oversold conditions while institutional long positions at 62.7% suggest accumulation near $58-60...

Read more

Trump unlikely to exit by June 30, Polymarket odds swing side

by CryptoExpert
June 7, 2026
0
Trump unlikely to exit by June 30, Polymarket odds swing side

realtime news Jun 06, 2026 18:03 Bitcoin fell below $60,000 in a fresh dip on the crypto slide, as risk appetite cooled and liquidity...

Read more

Kraken Brings SpaceX IPO Access with Tokenized Shares via xStocks

by CryptoExpert
June 7, 2026
0
AssemblyAI Introduces German STT and Enhances PII Detection

Tony Kim Jun 06, 2026 18:39 Kraken opens tokenized SpaceX IPO access through xStocks, enabling global retail investors to trade SPCXx shares ahead of...

Read more

Year-end odds on Israel–Indonesia ties shift in Polymarket

by CryptoExpert
June 7, 2026
0
Year-end odds on Israel–Indonesia ties shift in Polymarket

Ted Hisokawa Jun 06, 2026 09:03 In late trading, stocks and bonds traded mixed after a flagging inflation print as traders weighed a potential...

Read more

Zcash Developers Weigh New Shielded Pool After Orchard Bug

by CryptoExpert
June 6, 2026
0
Cointelegraph

Zcash developers and researchers are discussing whether a new shielded pool could help restore supply verification confidence after a recently patched Orchard vulnerability.Shielded Labs, an independent Swiss-based Zcash...

Read more
Next Post
FOUNDER STORY: This guy built Rainbow Wallet (next crypto unicorn), going full-time crypto

FOUNDER STORY: This guy built Rainbow Wallet (next crypto unicorn), going full-time crypto

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 62,907.00
ethereum
Ethereum (ETH) $ 1,665.62
tether
Tether (USDT) $ 0.999494
bnb
BNB (BNB) $ 597.05
usd-coin
USDC (USDC) $ 0.99965
xrp
XRP (XRP) $ 1.14
solana
Solana (SOL) $ 65.72
tron
TRON (TRX) $ 0.327101
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?