What's new in Ethereum?

[ONUS]

In a recent post, Ethereum co-founder Vitalik Buterin identified three technical "milestones" critical to Ethereum's success — layer 2 scaling, wallet security, and features that strengthen privacy. He emphasized that without an efficient scaling infrastructure to provide affordable prices for transactions, Ethereum will essentially "fail". He also emphasized the complexities of moving to smart contract wallets, especially from a user experience perspective when dealing with multiple addresses. Finally, Buterin emphasizes the need for improved privacy through enhanced identity, reputation, and social recovery systems. Buterin admitted that achieving all three transformation milestones will be "challenging" due to the close coordination required between these aspects.