Foresight News reports that Wei-Hao Wang, Co-Executive Director of the Ethereum Foundation, stated at Consensus 2026 that currently no other Layer 1 blockchain can compete with Ethereum in terms of technology and monetary value.
When discussing Ethereum’s core value proposition for development teams, he pointed out that resistance to censorship and privacy protection tools are becoming increasingly important. This not only aligns with crypto punk values but also meets the growing demand for on-chain privacy from institutions and ordinary users. Additionally, he emphasized that application layer innovation is another major focus, especially in the currently underserved “identity” sector. ENS has laid the foundation for user identity creation, and future efforts should explore universal identity solutions with privacy features to cover various application scenarios such as ticket sales, governance use cases, and social layers.
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
DeFi Total Value Locked Reaches $90B with Ethereum Maintaining 58.8% Dominance
Gate News bot message, the total value locked in DeFi has reached $90 billion. Ethereum holds 58.8% of the market with $53.35 billion, up from approximately 57% a year ago. Solana ranks second with 7.2% ($6.53 billion) after surpassing TRON in 2024. BNB Chain accounts for 6.1% ($5.55 billion), maint
GateNews21m ago
Vitalik Buterin Warns Ethereum Upgrade Could Shift Centralization Risk
_Vitalik Buterin outlines Ethereum’s block building future, warning that upgrades like ePBS shift centralization risks rather than eliminate them._
Ethereum co-founder Vitalik Buterin has raised fresh concerns about the network’s block building pipeline.
In a detailed post on X, Buterin outlin
LiveBTCNews23m ago
Big Brother Maqi deposited $250,000 to add to his ETH position this morning, and now the account has only $73,000 remaining.
Odaily Planet Daily Report: Brother Maji deposited $250,000 this morning and increased his ETH long position. The account now has only $73,000 remaining.
GateNews34m ago
As the market declines, Magi Ethereum long positions are partially liquidated again.
ChainCatcher reports that, according to Hyperinsight monitoring, the crypto market experienced a rapid decline this afternoon at 16:00, with Ethereum dropping over 2% in a short period. During this time, some long positions on Magic Ethereum were partially liquidated again. As of press time, the 25x ETH long position has been reduced to only 1,360 ETH, with the liquidation price dropping to $1,929.
GateNews38m ago
