Foresight News reports that Wei-Hao Wang, Co-Executive Director of the Ethereum Foundation, stated at Consensus 2026 that currently no other Layer 1 blockchain can compete with Ethereum in terms of technology and monetary value.
When discussing Ethereum’s core value proposition for development teams, he pointed out that resistance to censorship and privacy protection tools are becoming increasingly important. This not only aligns with crypto punk values but also meets the growing demand for on-chain privacy from institutions and ordinary users. Additionally, he emphasized that application layer innovation is another major focus, especially in the currently underserved “identity” sector. ENS has laid the foundation for user identity creation, and future efforts should explore universal identity solutions with privacy features to cover various application scenarios such as ticket sales, governance use cases, and social layers.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
LinkedIn Founder Holds $6 Million Worth of Ethereum (ETH) - U.Today
Blockchain expert Arkham revealed LinkedIn co-founder Reid Hoffman holds $6.1 million in Ethereum and owns a valuable CryptoPunk NFT. An active crypto investor since 2013, Hoffman supports blockchain's potential to reshape economies.
UToday1h ago
Ethereum Foundation Stakes 70,000 ETH to Fund Operations Through Validator Rewards
The Ethereum Foundation has begun staking 70,000 ETH from its treasury, putting a significant portion of its holdings to work in order to support long term ecosystem development.
The initiative started with an initial deposit of 2,016 ETH and marks a shift in how the Foundation manages its
BlockChainReporter2h ago
ETH 15-minute increase of 1.09%: Whale transfers and derivatives leverage resonate to drive short-term rally
From 18:30 to 18:45 (UTC) on February 26, 2026, ETH prices fluctuated between 1985.92 and 2009.73 USDT, with short-term returns reaching +1.09% and an amplitude of 1.20%. This recent volatility has attracted significant market attention, amid a generally weak overall market and increased fluctuations, with trading activity continuously rising. Market sentiment has been notably affected by high volatility, leading to a surge in attention.
The main driver of this movement is large on-chain transfers and liquidation activities by whale funds, with some ETH rapidly flowing into mainstream trading platforms, increasing market supply and thus contributing to the volatility.
GateNews3h ago
Vitalik Maps Ethereum’s Fast L1 Slot Reduction Plan
_Vitalik Buterin walks through Ethereum’s fast L1 goal, outlining a slot time reduction path from 12 to 2 seconds via the new Strawmap vision._
Ethereum’s slot time is getting cut. Incrementally. That is the core message from co-founder Vitalik Buterin, who posted a detailed thread on X
LiveBTCNews4h ago
