Vitalik Buterin's Ethereum Wallet Proposal, Scribbled in 22 Minutes, Gets Positive Reviews

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Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.

to improve Ethereum wallets met with some opposition, a familiar figure swooped in last week to devise an alternative: none other than Vitalik Buterin, the blockchain's co-founder.Ethereum improvement proposal EIP-3074 – allowing for certain functions in wallets to be controlled by smart contracts – in its next big network upgrade, known as the Pectra hard fork.was released, some in the community praised the proposal, while others expressed their displeasure.

"There is positive sentiment among all stakeholder groups" for Buterin's alternative, Christine Kim, a vice president of research at the digital-asset firm Galaxy, wrote in a May 20 research note.For now, EIP-3074 is still considered to go live with Pectra. That might change once the details of EIP-7022 are worked out.

 

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