Ethereum's Buterin L2 Standard Says Most Network's are Stage 0
Ethereum founder Vitalik Buterin has recently shared his decentralization standards for Layer 2 networks, with most of the blockchains stuck at Stage 0. Indeed, the notable crypto developer had previously developed his three-stage plan for networks. Yet, to this point, most networks don’t stack up. That isn’t the case for Ethereum. Six of its various Layer 2 networks are already at Stage 1, according to platform L2Beat. Just last week, Buterin noted he refused to discuss any L2 that has yet to reach the Stage 1 portion of his standard. “Stage 1 or bust,” he said in a post to X (formerly Twitter). Source: CoinDesk Also Read: Vitalik Buterin Explains $2.2M ETH Wallet Dump: Market Impact Buterin Decentralization Standard Has Most L2s at Stage 0 In 2001, Vitalik Buterin posted on a message board, discussing the stages of decentralization. In that post, he discussed Ethereum layer 2s, and their path to become fully decentralized in three distinct stages. The first sta...