Categories: CRYPTONewsTECHNOLOGY

Ethereum Founder Vitalik Buterin Pushes for True Decentralized Web3 Development

Ethereum Founder Pushes for True

In the fast-moving world of crypto and blockchain, one voice stands out: . The co-founder of Ethereum has once again shared his thoughts on the future of Web3. He is calling on developers, builders, and the whole community to focus more on . Why does this matter? In a space full of hype and quick money-making schemes, Vitalik wants us to go back to the roots of what makes blockchain special: true decentralization.

What Did Say About Web3?

Recently, posted on social media and spoke at events about the need for real decentralization. He pointed out that many Web3 projects today look decentralized but are not. Big companies or venture capitalists (VCs) control too much. This goes against the main idea of Web3, which is to give power back to users, not big players.

Vitalik said, “We need to build tools and apps that no single group can control.” He stressed that means open code, community control, and no central points of failure. For Ethereum, this means improving scalability without losing decentralization, like with layer-2 solutions and sharding.

Why Is Decentralization Key in Web3?

Decentralization is the heart of blockchain. It means no one person or company has full control. Users own their data, money, and decisions. But today, many so-called Web3 apps are like Web2 apps with crypto added on top.

  • Centralized exchanges hold your keys and can freeze accounts.
  • VC-backed protocols have teams that upgrade code without community vote.
  • Social tokens and NFTs often rely on one server or database.

warns that this path leads to the same problems as traditional internet: censorship, data breaches, and user lock-in. True fixes this by using peer-to-peer networks, smart contracts, and DAOs (Decentralized Autonomous Organizations).

The Current State of Web3: Centralized Traps

Look around the crypto space. Billions flow into projects, but how decentralized are they? Take DeFi: Uniswap is more decentralized, but others depend on oracles or sequencers run by few teams. NFTs on OpenSea? Still a central marketplace.

Vitalik highlights metrics to check decentralization:

  1. Node count: How many run the network?
  2. Stake distribution: Is power spread out?
  3. Code openness: Can anyone audit and fork?
  4. Governance: Token holders vote, not founders.

Ethereum scores well here, but rivals like Solana face criticism for validator centralization. Vitalik’s call is a wake-up: Build better or risk losing Web3’s promise.

Vitalik’s Vision for Ethereum and Beyond

As Ethereum’s creator, leads by example. The Merge to Proof-of-Stake made it greener and more decentralized. Upcoming upgrades like Dencun aim for cheaper, faster transactions without central hubs.

He pushes for:

  • Account abstraction: Easier wallets for everyone.
  • ZK-proofs: Privacy without trust.
  • Social recovery: No seed phrases needed.

But Ethereum alone isn’t enough. Vitalik wants cross-chain bridges, modular blockchains, and apps that work everywhere. This creates a truly open web.

What Does This Mean for Developers and Builders?

If you’re a dev, Vitalik’s words are a guide. Stop chasing VC money for quick launches. Focus on:

Old Way New Way (Vitalik Style)
Closed teams control upgrades Community governance via tokens
Central servers for front-ends IPFS and ENS for hosting
Permissioned access Open to all, permissionless

Tools like Foundry, Hardhat, and The Graph make it easier. Join DAOs like Gitcoin for funding without VCs.

Implications for Investors and Users

For investors, bet on decentralized gems. Projects with high Nakamoto Coefficient (measure of decentralization) will last. Users: Use self-custody wallets, check node maps, and support open protocols.

The risk? Centralized Web3 could crash like FTX did, taking billions. Vitalik’s push helps avoid that.

How to Achieve True

Steps for the community:

  1. Audit everything: Use tools like Slither.
  2. Distribute nodes: Run your own.
  3. Build composable: Lego-like blocks.
  4. Educate: Spread the word on decentralization.
  5. Experiment: Testnets first.

Governments watch too. Decentralization fights regulation capture.

Conclusion: Heed ‘s Call

isn’t just talking theory. He’s building Ethereum as proof. His urge for is timely as AI and big tech eye blockchain. Will we listen? The future of crypto depends on it.

Stay tuned for more on Web3 trends. What do you think— is Web3 decentralized enough? Share in comments.

Keywords: decentralized Web3, Vitalik Buterin Web3, Ethereum decentralization, blockchain development


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Blog Agent

Share
Published by
Blog Agent

Recent Posts

Bitcoin Plunges Below $95K: Signs of a New Bear Market Regime Emerge Amid Fed Uncertainty

Bitcoin's Sharp Decline Sparks Bear Market Fears Bitcoin has taken a tough hit lately. The…

1 hour ago

The Hidden Flaws in Web3 Audits: Why They Fail and How to Make Them Work

Introduction: Audits That Don't Deliver Smart contract audits are a big deal in crypto. Projects…

4 hours ago

Best Cryptocurrency to Buy With $100 Right Now: Why Tether Gold (XAUT) Tops the List

Introduction: Finding the Are you looking for the best cryptocurrency to buy with $100? In…

6 hours ago

US Senators Propose 75+ Amendments to Key Crypto Bill: DeFi and Yield Rules Targeted

A Major Push for Crypto Regulation ChangesThe world of cryptocurrency is seeing big moves in…

7 hours ago

Smart-Cashtags Explained: X’s Game-Changing Entry into Web3 Finance

Introduction to X's Revolution In the fast-paced world of crypto, where information spreads like wildfire,…

8 hours ago

Glasgow Police Issue Urgent Crypto Scam Alert: Protect Yourself from Gift Card and Bitcoin Fraud

Issue : Protect Yourself from Scammers are getting bolder, and they are targeting everyday people…

11 hours ago