Ethereum Foundation Director: Currently, no L1 can compete with Ethereum in terms of technology and monetary value.

ZkProver · 2026-02-14T04:01:10+00:00

Ethereum Foundation Co-Executive Director Wang Xiaowei stated at the Consensus 2026 conference that Ethereum is unparalleled in both technology and monetary value, emphasizing the importance of censorship resistance and privacy tools for development teams. She also mentioned that application layer innovation, especially in the identity sector, needs to explore universal solutions with privacy protection features.

ZkProver

2026-02-14 04:01:10

Abstract generation in progress

ChainCatcher News: Ethereum Foundation Co-Executive Director Hsiao-Wei Wang 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, she highlighted 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, she emphasized that application layer innovation is another major focus, especially in the currently unresolved “identity” field. ENS has laid the foundation for user identity creation, and future efforts should explore universal identity solutions with privacy features to cover various use cases such as ticket sales, governance, and social layers.

ETH0,87%

ENS10%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.