Vitalik Buterin Urges Ethereum to Focus on Layer 2 and Quantum Resistance
The Ethereum co-founder outlined a four-year timeline for completing the transition to quantum-resistant encryption and plans to stabilize the core protocol, shifting innovation to secondary layers.
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Terms & Concepts
Layer 2 (L2): A secondary framework or protocol built on top of a main blockchain (Layer 1) to improve its scalability and transaction speed.
Quantum-resistant encryption: Cryptographic algorithms designed to be secure against attacks from both classical and quantum computers.
Protocol Ossification: The process of making a blockchain's base layer protocol more stable and resistant to change to enhance security and predictability.