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Vitalik Buterin presents Ethereum ecosystem at 2024 Hong Kong web3 carnival

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Ethereum co-founder Vitalik Buterin addressed crypto traders and web3 market participants at the Hong Kong web3 carnival on Tuesday.

Vitalik Buterin presented an Ethereum Ecosystem diagram at the 2024 Hong Kong web3 carnival on Tuesday. Buterin spoke of Arbitrum, Optimism, Base, Starknet, zkSync, Metis, Linea, Scroll, Polygon and Fuel, among other Layer 2 chains. The Ethereum co-founder left chains that do not use ETH for data availability out of his keynote. Buterin’s Ethereum Ecosystem diagram included Layer 2 projects that use Ether for data availability while leaving out projects that use other chains like Celestia.

The ETH co-founder explained the smart contract network’s future expansion plans through data availability sampling and said that the project aims to increase capacity up to 128 blobs. Ethereum Layer 2 chains like Manta Pacific use Celestia for data access, reducing the cost incurred by L2 when data is made available by the Ether mainnet.

 

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