Vitalik Buterin Proposes Roadmap for Layer 2 Rollup Security
Vitalik Buterin's Roadmap for Layer 2 Rollup Security
Vitalik Buterin proposed a roadmap focusing on the security of Ethereum rollups, categorizing them into three stages:
- Stage 0: Full control by a security council; advisory proof systems.
- Stage 1: Council requires a 6-of-8 supermajority for overrides, with at least 3 members external to the core team.
- Stage 2: Council intervenes only in cases of provable bugs without discretionary control.
Buterin's mathematical modeling indicates that Stage 0 rollups are more vulnerable, with a failure probability of 0.2728%. He recommends deploying at least Stage 1, cautioning against premature shifts to Stage 2 if it undermines cryptographic strength.
Technical Analysis: Ethereum (ETH) Faces Bearish Pressure
Current technical indicators show bearish momentum for ETH:
- MACD line at -3.92, below the signal line at -1.94, indicating selling pressure.
- RSI at 39.26 suggests potential further downside before oversold conditions.
- Immediate support near $1,770, with a broken Fib level at $1,784.84.
If ETH surpasses $1,785, possible upside targets include:
- $1,931 (1.618 Fib extension)
- $2,023 (2.618 Fib extension)
- $2,115 (3.618 Fib extension)
- $2,172 (4.236 Fib extension)
A shift in momentum above $1,931 would need an RSI crossover above 50 and a MACD bullish crossover.
Simplification of Layer 1
Buterin advocates for a "minimal base protocol" for Ethereum over the next five years, recommending a shift towards simpler structures akin to Bitcoin. He raised concerns about the complexity of Ethereum, suggesting that innovative features have not provided significant practical benefits. His proposal includes a "3-slot finality" model to streamline consensus mechanisms and enhance standardization across the protocol.