PANews reported on July 2 that according to CoinDesk, Ethereum co-founder Vitalik Buterin warned at the EthCC conference in France that if decentralization remains at the slogan level, Ethereum will face a survival crisis. He proposed three core testing standards: 1. Exit test (whether user assets are safe after the project owner disappears); 2. Internal attack test (the system's ability to resist internal evil); 3. Trusted computing foundation test (the amount of code required to trust to protect user assets).
Buterin pointed out that most Layer2 networks and DeFi projects currently rely on tamperable backdoors or centralized front-ends, and privacy solutions often expose user transaction history due to reliance on third-party logins. He stressed the need to set privacy as a default function and streamline the code trust foundation. On the tenth anniversary of the launch of the Ethereum mainnet, he warned that if true decentralized guarantees cannot be achieved, Ethereum may repeat the mistakes of other technologies that were short-lived.

Macro analyst Luke Gromen’s comments come amid an ongoing debate over whether Bitcoin or Ether is the more attractive long-term option for traditional investors. Macro analyst Luke Gromen says the fact that Bitcoin doesn’t natively earn yield isn’t a weakness; it’s what makes it a safer store of value.“If you’re earning a yield, you are taking a risk,” Gromen told Natalie Brunell on the Coin Stories podcast on Wednesday, responding to a question about critics who dismiss Bitcoin (BTC) because they prefer yield-earning assets.“Anyone who says that is showing their Western financial privilege,” he added.Read more

