DeFi· ★★★· neutral·

Vitalik Buterin: blockchain is a tool, not a goal

  • Buterin presented the CROPS concept: censorship resistance, open source, privacy, security
  • He criticized treating the mere fact of being on a blockchain or getting a listing as innovation
  • In his view, oracles and bridges in DeFi often remain centralized
  • Buterin believes blockchain and cryptography (ZK, FHE) will reinforce each other
Why it matters: A signal that Ethereum's priorities are shifting toward privacy and security, which could shape the development of L2s and cryptography.
Source: TokenPost