In a recent blog post titled “Don’t overload Ethereum’s consensus,” Vitalik Buterin expressed concerns about the dangers of extending Ethereum’s consensus beyond its core functions. Buterin’s May 21 blog post focuses on the need to preserve the minimalism of the blockchain. It highlights the potential high systemic risks of utilizing Ethereum’s network consensus for additional purposes. Since the implementation of the proof-of-stake mechanism with “the Merge” in September 2022, Ethereum’s consensus has been responsible for validating blocks and securing the network. Buterin mentions the risks of creating ETH/USD price oracles.
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