Ethereum's Past, Present, and Future: Depth Dialogue

Two senior figures in the Ethereum ecosystem engaged in an in-depth conversation, discussing the development history of Ethereum, current challenges, and future prospects. They reflected on their experiences entering the blockchain industry, witnessing the growth of the Ethereum ecosystem from Bitcoin mining to the DeFi boom.

The dialogue mentioned that the core value of Ethereum lies in its decentralization and security. Despite facing competitive pressure from other public chains, the Ethereum Foundation remains committed to promoting decentralization, investing significant resources in the research and development of underlying infrastructure. The success and widespread adoption of EVM also highlight Ethereum's important position in the industry.

Regarding Ethereum's scalability and market competition, both parties discussed the impact of the implementation of EIP-1559 and the development of Layer 2 solutions. They believe that while Layer 2 has brought significant scalability effects to Ethereum, it has also introduced new challenges, such as the fragmentation of assets and liquidity.

Regarding the future growth points of Ethereum, the discussion involves areas such as stablecoins, social applications, and the tokenization of physical assets (RWA), etc. They anticipate that these applications can bring breakthrough user growth to Ethereum.

Finally, the two guests discussed the upgrade decision-making mechanism of Ethereum. They believe that although the current decision-making process is relatively centralized, it is highly transparent. They suggested enhancing community participation, especially the opinions of application developers and infrastructure providers.

Overall, this conversation showcases the opportunities and challenges faced by Ethereum, as well as the community's expectations and suggestions for its future development.