Vitalik Buterin Wants Ethereum Alignment Represented by Specific Metrics
Ethereum founder Vitalik Buterin has recently put forward a proposal aimed at overhauling Ethereum's alignment strategy. Recognizing the challenge of integrating decentralization with collaboration among various stakeholders, Buterin emphasized the need for a unified approach that brings together client teams, researchers, layer 2 teams, application developers, and local community groups.
Challenges of Decentralization and Cooperation
Buterin pinpointed a core challenge in the Ethereum ecosystem: ensuring all involved parties work collaboratively towards a singular vision for Ethereum. The idea of "Ethereum alignment" has been floated within the community, but according to Buterin, it remains poorly defined. He warned against the notion that having the "right friends" equates to true alignment.
Specific Metrics for Evaluating Alignment
To address this vagueness, Buterin advocates for a clearer definition of alignment, broken down into measurable characteristics:
Open Source
The concept of open source is crucial. It allows for transparent code reviews for enhanced security and prevents dependency on proprietary systems. This openness encourages third-party contributions and innovation, fostering a collaborative environment.
Open Standards
Open standards are vital for promoting compatibility within the Ethereum ecosystem. They build upon existing standards like ERC-20 and ERC-1271, ensuring smooth interoperability across different applications.
Decentralization and Security
Buterin introduces two tests for assessing decentralization and security:
- Walkway Test: Evaluates if an application remains functional without its core team and servers.
- Insider Attack Test: Assesses the potential harm an insider could inflict on the system.
Positive-Sum
The notion of positive-sum has dual facets:
- Internally, it benefits Ethereum holders and users through mutual gains.
- Externally, it promotes cooperation and ownership, leading to wider global benefits.
The Path Forward
Buterin envisions a future where more entities like L2beat emerge. He suggests that the Ethereum Foundation should facilitate the creation of such entities by making the process permissionless, while maintaining its neutral position. This approach is intended to ensure fairness and inclusivity within the ecosystem.
By proposing these metrics, Buterin aims to transform the concept of Ethereum alignment into a tangible and measurable framework, fostering a more cohesive and inclusive ecosystem.