Ethereum developers have scheduled a controversial upgrade for later this year aimed at strengthening the network’s censorship resistance. Vitalik Buterin, one of Ethereum’s founders, has expressed his support for the upgrade, stating that it will reinforce the network’s cypherpunk principles. These principles emphasize providing users with full freedom and privacy on the internet and blockchain technology, protecting them from any governmental or institutional interference. Ethereum, the world’s second-largest cryptocurrency, hosts smart contracts and decentralized applications (DApps) and has undergone various upgrades over time to improve its security, scalability, and performance. Censorship resistance means making it difficult for any powerful entity or government to block or restrict transactions or data, thereby promoting user freedom and the network’s decentralized nature. However, such upgrades can be controversial as they are sometimes viewed as weakening regulatory oversight. This upcoming upgrade has generated significant interest within the Ethereum community and the broader cryptocurrency market, as it seeks to advance the network’s core values. The implementation and impact of this upgrade will be closely monitored in the coming months to determine whether it enhances the network’s security and user experience.
Source: decrypt
