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
  • BLOG
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
  • BLOG
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: Selling Pressure Pushes AAVE Below Key Averages as Momentum Flatlines at $156

Itaú builds generative AI for customers and staff with ia.i and IARA

Balaji’s Farcaster Takeover Sparks Backlash Over Bans

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.

Phemex

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: Selling Pressure Pushes AAVE Below Key Averages as Momentum Flatlines at $156

by CryptoExpert
October 17, 2026
0
AAVE Price Prediction: Selling Pressure Pushes AAVE Below Key Averages as Momentum Flatlines at $156

Home / Latest reporting Price forecast Aave dropped 3.55% to $156.12 in the 24 hours observed to October 17, 2026, leaving price below its...

Read more

Itaú builds generative AI for customers and staff with ia.i and IARA

by CryptoExpert
October 17, 2026
0
Sullivan & Cromwell unveils OpenAI-built Agreement Analyzer

Home / Latest reporting News Itaú is using ia.i and the IARA governance platform to extend generative AI across customers and employees in a...

Read more

Balaji’s Farcaster Takeover Sparks Backlash Over Bans

by CryptoExpert
October 16, 2026
0
Cointelegraph

Balaji Srinivasan’s Network School has begun its reign over the decentralized social platform Farcaster. Its first order of business? An apparent wave of bans that has prompted backlash...

Read more

Canton Enters South Korea as Meritz Eyes Tokenized Finance Deals

by CryptoExpert
October 16, 2026
0
Canton Enters South Korea as Meritz Eyes Tokenized Finance Deals

Key TakeawaysCanton Foundation and Meritz Securities signed an MoU on Oct. 15 to explore tokenization in Korea.Meritz Securities will examine tokenized debt, institutional collateral and cross-border liquidity.Canton Network’s...

Read more

Sullivan & Cromwell unveils OpenAI-built Agreement Analyzer

by CryptoExpert
October 16, 2026
0
Sullivan & Cromwell unveils OpenAI-built Agreement Analyzer

Home / Latest reporting News Sullivan & Cromwell said it worked with OpenAI to build Agreement Analyzer, an AI tool designed to identify issues...

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
  • BLOG

© 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) $ 81,241.00
ethereum
Ethereum (ETH) $ 2,406.50
tether
Tether (USDT) $ 0.999036
bnb
BNB (BNB) $ 714.33
xrp
XRP (XRP) $ 1.29
usd-coin
USDC (USDC) $ 0.999753
solana
Solana (SOL) $ 103.29
tron
TRON (TRX) $ 0.33449
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03

Pin It on Pinterest

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