Optimism is currently at the initial stage of decentralization, as stated by the development team.
Vitalik Buterin took the opportunity to commend Ethereum for its resilience in overcoming challenges throughout the years.
The recent milestone achieved by Optimism (OP) in implementing fault proofs to its smart contracts has been praised by Vitalik Buterin. Currently, Optimism is at what the development team refers to as “Stage 1” of decentralization.
Before reaching this stage, Vitalik Buterin, one of the co-founders of Ethereum, highlighted several significant accomplishments alongside Optimism. Users can now freely make withdrawals without the need for any trusted third parties, thanks to the new implementation.
Reflecting on the Past Challenges
Vitalik Buterin commended Ethereum for its ability to overcome obstacles and saw this growth as an opportunity for further development. He praised the achievements of Optimism and expressed hope for more Layer 2 protocols to join the “Stage 1” initiative.
In a meme shared by Buterin, titled “Ethereum: where yesterday’s FUD is today’s solved problems,” six doors were shown, each labeled with a different “FUD.” The fact that five of these doors were unlocked indicates that Ethereum has successfully navigated through these challenges.
Some of the FUD mentioned in the meme included doubts about Ethereum’s ability to meet milestones and concerns about the protocol not going live. Despite these doubts, Ethereum was launched as a platform on July 30, 2015, about nine years ago. Additionally, there were concerns about Ethereum not surviving the DAO fork, but the protocol underwent a hard fork just a year after its inception. Vitalik Buterin further elaborated on the network’s history, highlighting the introduction of low fees and other advancements.
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