Vitalik Buterin Calls for Added Focus on Ether as Part of the Network's Scaling Plans

Ethereum co-founder Vitalik Buterin emphasizes the need for scaling plans and network applications to prioritize ether (ETH) to boost its value. He advocates for a strategy that positions ETH as the core asset in the Ethereum economy, suggesting layer-2 networks allocate fees to ETH and implement incentives like fee burning. Amid criticism of the Ethereum Foundation and a declining ether-bitcoin ratio, Buterin also encourages increasing Ethereum's blob count as a potential revenue source. He stresses that while demand for Layer 2s is rising, it's crucial to ensure ETH's stability and growth in competitive market conditions. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk