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Vitalik Addresses Centralization Concerns

ETH Daily

Vitalik Addresses Centralization Concerns

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Quick Take

Vitalik comments on improving decentralization.
EigenLayer releases an update for EigenPods.
Lens releases NFT Open Actions.
Optimism to launch Fault Proofs on mainnet.

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Vitalik Addresses Centralization Concerns

Ethereum creator Vitalik Buterin

responded

to concerns

highlighted

by Geth developer Peter Szilagyi about tendencies toward centralizing solutions in Ethereum—such as MEV, pooled staking, and increasing node hardware requirements. Buterin stated that although challenges exist, the issues are being actively addressed. He pointed to the proposer/builder separation and inclusion lists as mechanisms to mitigate validator centralization. For solo staking, advancements like Verkle trees, EIP-4444, and 0x01 withdrawal credentials help reduce entry barriers, Buterin further advocated for continuous innovation, such as type-1 ZK-EVMs that can outsource computation verification, making node operations more accessible.

EigenLayer Upgrades EigenPods

EigenLayer released an update for EigenPod smart contracts, addressing an issue related to inconsistent accounting. Later this year, EigenLayer will deploy a comprehensive system overhaul, which will introduce checkpoint proofs to enhance the accuracy and efficiency of managing ETH balances. The redesign will feature batched withdrawal claiming to decrease gas costs and allow native restakers to restake consensus and execution layer rewards. The upgrade will be production-ready for Pectra, featuring flexible proving windows. Ethereum validators point their stake to EigenPods to participate in native restaking.

Lens Releases NFT Open Actions

Lens Protocol rolled out NFT Open Actions, powered by Decent, which enables NFT minting from various chains directly on the Lens feed. Leveraging Decent's cross-chain router, users can pay minting costs using tokens from networks like ETH mainnet, Arbitrum, Base, Optimism, Zora Network, and Polygon. Users activate the feature by embedding an NFT URL from supported platforms such as SuperRare, Pods, and Zora into their Lens posts. An additional 5% minting fee is applied to NFTs minted directly on Lens, with the proceeds distributed among the dapp used, the creator, the Lens Treasury, and users who helped amplify the content.

Proposal For Fault Proofs On OP Mainnet

Optimism published a proposal to deploy Fault Proofs on OP mainnet, enabling permissionless validation. Currently, only a permissioned entity processes withdrawals for the network. The activation of Fault Proofs transitions OP Stack chains towards Stage 2 decentralization. The upgrade introduces a dispute game mechanism where invalid ETH and ERC-20 token withdrawals can be challenged and rejected. Optimism governance will vote on the proposal in voting cycle #23a.