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Vitalik has some big new ideas for the future of Ethereum.
With Ethereum gas prices reaching historic lows after falling to mere fractions of a “gwei” for computation fees, L1 transactions can currently be completed for pennies. As a result, many onchain users have started questioning why they ever left the L1 in the first place, and with ETH price simultaneously underperforming relative to the monolithic competition, doubts are looming larger than ever about the viability of a “rollup-centric” roadmap.
In recent days, Ethereum leadership has started voicing support for a strategic pivot that would refocus development efforts back towards L1. Piggybacking on the momentum, over the weekend, Vitalik proposed a radical solution to make base layer scalability a reality: abandoning the EVM!
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