Ethereum L1 Positioned as Global Ledger, Says Vitalik Buterin

According to BlockBeats, Ethereum founder Vitalik Buterin shared a tweet emphasizing the role of Ethereum Layer 1 (L1) as the world's ledger. The tweet highlighted Ethereum L1's potential to serve as the primary ledger globally, allowing anyone to access, use, and add data or functionalities without permission. The tweet described Ethereum L1 as possessing credible neutrality, censorship resistance, and tamper-proof qualities, with visibility of any alterations achieved through penalty mechanisms and transparency. It emphasized the ongoing gradual decentralization of Ethereum. Furthermore, the tweet praised Ethereum's vast global community, which remains vigilant against attempts to undermine the system. As Ethereum continues to grow and mature, such attempts are expected to become increasingly challenging.