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Vitalik Buterin: If Bitcoin Wants to Develop Further, It Needs to Test More Scaling Solutions

By Simon LawsonJuly 10, 20231 Min Read
Vitalik Buterin: If Bitcoin Wants to Develop Further, It Needs to Test More Scaling Solutions
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Ethereum ETH 0.27% founder Vitalik Buterin said on Twitter Space this week, “If we want Bitcoin BTC -0.05% to be more than just a payment method, it needs a scaling solution like Plasma or ZK Rollup. Both of which are already on Ethereum tested”.

He also stated that Optimism and Arbitrum are two successful rollups that can serve as case studies for Bitcoin.

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Buterin also tried to find commonalities between the two ecosystems of Ethereum and Bitcoin.

He pointed out that both blockchains have immutability, while they both have L1 privacy issues. Ethereum has been experimenting with several scaling solutions over the years, with the latest proposal being EIP-4844, which introduces blobs, enabling up to 100,000 transactions per second.

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DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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Simon Lawson
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Simon Lawson has been a professional financial reporter for 6 years. He has in-depth research on the crypto industry and will release major crypto news in a timely manner.

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EDITOR’S CHOICE
Ether (ETH) Prices are Trading at 27% Discount to Fair Value, New Research Shows
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