Vitalik Buterin, co-founder of Ethereum, discusses the risks and benefits of integrating additional features into the Ethereum protocol, highlighting the potential impact on decentralization and user experience. He also raises concerns about the liquid staking approaches of Lido and Rocket Pool.
In a recent blog post, Ethereum co-founder Vitalik Buterin delved into the topic of protocol features. He emphasized Ethereum’s minimalist design, built to be adaptable to various user needs while avoiding software bloat.
Buterin highlighted the ongoing discussions regarding layer1 and layer2 blockchain networks, emphasizing the need to integrate additional features. These features aim to address diverse user requirements, including privacy and account security, potentially enhancing decentralization and user experience.
However, Buterin cautioned against over-complicating the protocol, which could lead to unforeseen consequences in the long term.
He proposed specific features that could be added to the core protocol, such as changing staking penalty rules and simplifying certain operations. Buterin acknowledged the evolving nature of this tradeoff as user needs and technology evolve.
Additionally, Buterin expressed concerns about the liquid staking approaches of Lido and Rocket Pool, highlighting potential risks associated with their mechanisms.