$ETH

On September 18, 2024, Vitalik Buterin, co-founder of Ethereum, delivered a speech entitled "Things that Excite Me about Ethereum in the Next Ten Years" at the Token 2049 conference. During his speech, Vitalik emphasized the development and future potential of blockchain technology, especially Ethereum.

Vitalik noted that while it is often said that blockchain technology is still in its early stages, he believes we are actually no longer in that stage. He mentioned that Ethereum has existed as a project for more than 10 years, and the development of technology has brought significant changes in the 15 years since the birth of Bitcoin. Vitalik illustrates this through his own experience of visiting Argentina in 2021, where he noticed the widespread use of cryptocurrencies by locals, who despite this were not using decentralized technology. This reflects the current special stage in the encryption field, where although the technology has matured, it still needs to meet the needs of the mainstream market while maintaining the values ​​of open source and decentralization.

Vitalik also mentioned Ethereum’s efforts in privacy-preserving transactions, pointing to rising gas fees as a challenge. He believes that while Ethereum needs to meet market demand, it also needs to innovate and develop while maintaining its core values.

Vitalik’s speech reflected his expectations and excitement for the next ten years of Ethereum, while also pointing out the challenges and opportunities. He emphasized the importance of finding a balance between technological development and market demand, as well as the need to promote further development of Ethereum while maintaining its open and decentralized nature.