Express
Consensys CEO: Ethereum Layer 1 to Become Global Main Ledger
Summary: In a recent post, Consensys CEO and Ethereum co-founder Joseph Lubin stated that Ethereum Layer 1 will become the global main ledger. It allows anyone to view, use, and add data or functionality without permission, with trusted neutrality and censorship resistance. It possesses features of tamper resistance and verifiable tampering (achieved through penalty mechanisms and ...
In a recent post, Consensys CEO and Ethereum co-founder Joseph Lubin stated that Ethereum Layer 1 will become the global main ledger. It allows anyone to view, use, and add data or functionality without permission, with trusted neutrality and censorship resistance. It possesses features of tamper resistance and verifiable tampering (achieved through penalty mechanisms and transparency), while continuously advancing its decentralization process. With a top-notch large community, the community remains highly vigilant as there are always patient and well-resourced participants trying to disrupt the system. Fortunately, as Ethereum develops and matures, the difficulty of disrupting the system will increase.
