- Beyond “better stablecoins”
- The “walkaway test”
Vitalik Buterin has articulated a refined vision for how the Ethereum Foundation (EF) will approach the sector moving forward.
Financial empowerment is central to Ethereum’s value proposition, but the foundation will not support the industry indiscriminately, Buterin says
Instead, it will back protocols that align with specific principles of decentralization, privacy, and security.
HOT Stories
Morning Crypto Report: Mr. XRP Yoshitaka Kitao Predicts 2026 On-Chain Revolution, Bitcoin in ‘Not Digital Gold’ Period: CryptoQuant CEO, Ethereum Foundation to Stake 70,000 ETH
Bitcoin Breaks Below Critical $63,000 Support
Beyond “better stablecoins”
Buterin challenged developers to the innovative spirit that defined the early DeFi era
“Ethereum’s early defi era was great because it dared to dream and innovate and come up with totally new paradigms (eg. AMMs),” Buterin wrote. “Defi tomorrow will bring back that spirit. Don’t just ‘make a better stablecoin’, dig a layer deeper, and think about the underlying problem… and come up with an even better solution.”
He stressed that the goal should be to solve fundamental issues like risk management and hedging future expenses, rather than creating derivative products.
The “walkaway test”
Buterin believes that the so-called “walkaway test” can be viewed as a metric for true decentralization.
“We want protocols that pass the walkaway test: that keep working even if the original team suddenly disappears without warning (or even: becomes hostile / compromised without warning),” Buterin explained.
He clarified that the Foundation is not interested in supporting protocols that “enshrine ultimately unneeded centralized trust in the name of convenience, or dopamine-maximizing gambleslop.” Instead, the focus is on “permissionless, open-source, private, security-first global finance.”
Security, oracles, and privacy will be among the key areas of focus, according to Buterin
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Jiuzi Holdings raises $80 million through a rights issue to support the development of the crypto asset treasury
Jiuzi Holdings has signed an agreement with strategic investment institutions to subscribe for 40 million shares at $2 per share, raising $80 million. The funds will be used to expand cash reserves, build a crypto asset treasury, and develop an asset allocation strategy. The treasury will include various cryptocurrencies such as Bitcoin and Ethereum.
GateNews31m ago
While Bitcoin and Ethereum Consolidate, This Altcoin Is Quietly Preparing for a Major Rally - BTC Hunts
The post While Bitcoin and Ethereum Consolidate, This Altcoin Is Quietly Preparing for a Major Rally appeared first on Coinpedia Fintech News
While Bitcoin and Ethereum continue to move sideways, one major altcoin appears to be quietly building momentum beneath the surface. Growing
BTCHUNTS1h ago
BlackRock ETHA deposits 12,397 ETH into a CEX, worth 25.59 million USD
Gate News Report, March 6th, according to Arkham monitoring, BlackRock ETHA address deposited 12,397 ETH to a CEX, worth 25.59 million USD.
GateNews1h ago
Ethereum Day will be held in Hong Kong on March 11, focusing on the three major areas of AI, RWA, and DeFi
The Ethereum Foundation, SNZ, and ETHTAO held the Ethereum Day event with the theme of AI/RWA/DeFi in Hong Kong on March 11, discussing technological integration and ecosystem collaboration. Participating projects included Alias and Hubble AI.
GateNews2h ago
Data: If ETH breaks through $2,167, the total liquidation strength of long positions on mainstream CEXs will reach $918 million.
ChainCatcher reports that, according to Coinglass data, if ETH breaks above $2,167, the total liquidation strength of long positions on major CEXs will reach $918 million. Conversely, if ETH drops below $1,965, the total liquidation strength of short positions on major CEXs will reach $504 million.
GateNews2h ago
Cumberland withdrew 14,800 ETH from a certain CEX 30 minutes ago, worth approximately $30.8 million.
Gate News reports that on March 6th, Lookonchain monitoring showed that market maker Cumberland continued to increase its Ethereum holdings, approximately 30 minutes ago, withdrawing 14,800 ETH from a CEX, worth about $30.8 million.
GateNews3h ago
