Vitalik Buterin, the co-founder of Ethereum, released a knowledgeable article about the use case of Ethereum ecosystem that excited him. This article has focused on money, DeFi, digital identity, DAO and hybrid application, showing the universal application of Turing's detailed blockchain network.

About money

In the Ethereum ecosystem, his favorite applications are based on the use case of currency loan. According to Vitalik, this kind of application is conducive to reducing donations and, in most cases, avoiding de service.

The co-founder of Ethereum also mentioned the stable currency, thinking that they have many use cases, because it is open to everyone, curbs verification, and has excellent interaction with the construction of infrastructure on the chain such as DEXes. By comparison, in his opinion, a stable currency like the USDC is reasonable, and its reliability lies in the stability of the US macroeconomic policy and political situation.

Buterin also believes that the non pegged stable currency RAI can withstand all the risks and has a liquidity trap. In addition, Vitalik believes that if the stable currency encouraged by risk weighted assets (RWA) of DAO management is checked and combined with scalability, scalability and economic application, they are likely to be reasonable.

DeFi and Digital Identity

The co-founder implied that DeFi and the digital identity world had won overwhelming recognition over time. Apart from the stable currency, he paid attention to the level of forecasting market, key stock index and other assets and real estate industry.

When commenting on the growth of digital identity, the co-founder pointed out that this trend is conducive to promoting personal information security. He cited the Ethereum Login (SIWE) as an efficient way of identity verification.

On the DAO

Vitalik Buterin thinks there are several questions that must be answered

The co-founder of Ethereum believes that blockchain technology is particularly important for scalability and efficiency interoperability.

About mixed applications

In online voting, mobile games, government departments applying for registration, corporate finance and supply chain, you can find applications that integrate blockchain technology with other information systems to enhance trust model mixing.

Buterin also mentioned that Ethereum has faced several tests, including scalability, the length of stock trading time and insecure wallet. He discussed the decentralized solution of owning stock funds, ERC-4337 and account abstract wallet, as well as Rollup technology to improve scalability.

In addition, Buterin emphasized in his closing speech that real estate developers must give more preferential treatment to projects with long-term target groups than to new projects with short-term profits.

This information will not be released until a few weeks after the release of the Ethereum ecosystem upgrading route map.

It is noteworthy that the road map of the Internet is committed to improving the verification friction resistance and blockchain technology of Ethereum Internet. For example, after the system is reinstalled, a new type of Scourge is added to the route map, including the existing Merge, Sure, Verge, Purge and Surge.