Buterin Says Ethereum’s Survival Underpins Ether’s Store-of-Value Case

Ethereum co-founder Vitalik Buterin said Ethereum’s ability to withstand security and centralization risks is central to Ether (ETH) as a store of value, outlining priorities for the network and its long-term holders. In a Nov. 8 X thread, Buterin put the network’s ability to endure ahead of other measures of ETH’s value to someone holding it over time. He linked that durability to choices about protocol security and decentralization. Buterin favored conservative security decisions in Ethereum’s core protocol. He cited hash-centered security, formal proofs and more than three times the number of rounds known to be needed for security. He also called for a high bar before adding precompiles that expand the protocol’s scope or rewards within the protocol that interested groups could capture.

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