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Coin Edition 2025-07-03 08:30:00

Vitalik Buterin Warns Ethereum Faces Risk Without Real Decentralization Tests

Vitalik Buterin Warns Ethereum Faces Risk Without Real Decentralization Tests

Ethereum founder proposes three practical tests to verify true decentralization. Layer-2 networks and DeFi projects are criticized for hidden backdoors and upgrades. Privacy solutions must become default features rather than optional add-ons. Ethereum co-founder Vitalik Buterin has issued a warning about the cryptocurrency industry’s approach to decentralization. He also argued that superficial implementations threaten the entire ecosystem’s credibility. Speaking at the Ethereum Community Conference in Cannes, Buterin called for concrete user guarantees rather than marketing buzzwords. The industry has reached an inflection point where mainstream adoption through corporate endorsements and political support creates pressure to abandon core principles. Buterin emphasized that builders must return to fundamental ideals around decentralization and user-centric development rather than chasing institutional validation. Security Vulnerabilities Plague Current Implementations Buterin outlined three practical tests that every cryptocurrency project should pass to verify genuine decentralization. The walk-away test assesses whether users retain access to their a… The post Vitalik Buterin Warns Ethereum Faces Risk Without Real Decentralization Tests appeared first on Coin Edition .

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