In this second section, we'll look at Ethereum after looking at Bitcoin to help us make our subjective list of the cryptocurrency personalities of the year.
2023 was a remarkable year for the Ethereum ecosystem, characterised by the ascent of prominent personalities. These individuals have been instrumental in Ethereum's strategic and technological development.
In this second volume, we honour the visions and contributions of Jesse Pollak with the Coinbase Base project, Martin Köppelmann, who keeps innovating with Gnosis, and Vitalik Buterin and his colleagues at Proto Danksharding. Come on, let's go!
This year, Dankrad Feist, Diederik Loerakker, George Kadianakis, Matt Garnett, Mofi Taiwo, and Ansgar Dietrichs were among the specialists who contributed significantly to the development of Proto Danksharding in 2023, including Vitalik Buterin.
The goal of this significant update is to significantly increase the efficiency and scalability of Ethereum's Layer 2 (second layer) solutions.
Proto Danksharding optimises data processing and storage on the blockchain, lowering transaction costs and speeding up execution—a significant technical turning point for Ethereum. These enhancements are necessary to encourage Ethereum's wider adoption.
Moreover, Ethereum co-founder Vitalik Buterin kept up his leadership in the blockchain's development.
Among its 2023 contributions are:
Buterin suggested the Enshrined Zero-Knowledge Ethereum Virtual Machine (ZK-EVM) to include cutting-edge cryptographic methods into the Ethereum main chain, enhancing transaction efficiency and security.
Ethereum plan: In the revised plan, Buterin placed a strong emphasis on privacy, smart wallets, and Layer 2 scalability.
'Privacy Pools' advocacy: Buterin made suggestions for how to enhance privacy on Ethereum in the context of a privacy discussion.
Modifications for Layer 2: He proposed returning a few Layer-2 operations to the main chain, which would be a major departure from Ethereum's current strategy.
Vitalik Buterin is always thinking about the Ethereum blockchain and has put out new ideas on a regular basis in an effort to adapt to our ecosystem.
With the introduction of this new layer 2, Coinbase achieved a significant turning point that enabled it to transform from a small exchange platform into a major blockchain developer. And very soon, this new network was launched thanks to TVL's millions of funds and success.
Base has gained popularity quickly since it was created to encourage growth and lower transaction fees on Ethereum. With widespread use and a high volume of transactions, Base has proven that it can be a vital platform for decentralised apps.
It is also possible to argue that Base's founding paved the path for the development of numerous other somewhat centralised organisations that aimed to become more decentralised. Consider dYdX as an example.
THE ORIGINATOR OF GNOSIS, MARTIN KÖPPELMANN
In 2023, Gnosis co-founder Martin Köppelmann remained a significant influence in the Ethereum community. Its initiatives have been concentrated on making Gnosis less reliant on Ethereum and enhancing the security of GNO coins.
Additionally, Köppelmann was a key player in the discussion on blockchain bridge vulnerabilities, emphasising the need for technologies like multi-signature and Zero Knowledge Proofs to increase security.
Apart from creating indispensable instruments for Ethereum and playing a pivotal role in establishing the Ethereum ecosystem, Köppelmann has emerged as one of the platform's most outspoken critics, regularly voicing his disapproval of initiatives, systems, and technological advancements that, in his opinion, deviate from the network's original principles.
2023 leaders in the field including Martin Köppelmann, Jesse Pollak, and Vitalik Buterin have had a significant impact on the Ethereum ecosystem. Their efforts have moulded Ethereum's culture and strategy in addition to enhancing its technical capabilities.
The third installment of our series honouring the year's top cryptocurrency personalities reveals an impact that even the titans of Wall Street have not been immune to.
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