The post Vitalik Buterin Ponders Ethereum L2’s Role in Soneium’s Flexible Yet Controversial Framework appeared on BitcoinEthereumNews.com.

Ethereum co-founder Vitalik Buterin recently endorsed Sony’s new blockchain platform, Soneium, emphasizing its transparency and user control. He highlighted Soneium’s unique approach that balances openness with controlled systems, sparking discussion among decentralization advocates. Buterin noted that Soneium’s limitations on certain contracts were necessary to protect intellectual property rights and foster fair innovation. Vitalik Buterin praises Ethereum L2 benefits in Sony’s Soneium, discussing transparency and user control while addressing concerns over decentralization. Buterin Highlights Transparency and Control in Soneium According to Buterin, launching an Ethereum Layer 2 (L2) platform like Soneium allows businesses to exercise precise control over their operations. This adaptability has drawn attention amid ongoing discussions about blockchain decentralization. “Businesses can make very fine-grained choices around how much control they keep vs. give to users. But whatever rules they choose, that’s what the rules are. Everything is on-chain, transparent, and auditable by third parties,” Buterin stated on X, illustrating the appeal of L2 solutions. This endorsement comes at a time when Soneium has faced scrutiny due to asset-freezing concerns and allegations of centralization, as it utilizes Optimism’s OP Stack, raising questions regarding its operational model. Soneium has responded by implementing precautionary measures, such as temporary restrictions on certain transactions, aimed at protecting intellectual property rights. “We’ve taken steps to safeguard intellectual property, ensuring a fair and inclusive ecosystem. Temporary restrictions on certain contracts at the RPC level were applied to protect creators’ rights while encouraging innovation responsibly,” Soneium clarified amidst growing concerns from the community. Despite these measures, Buterin emphasized the inherent transparency of blockchain technology, which allows users to understand and verify system operations—setting a precedent for accountability in business practices. Ethereum L2 solutions afford operators the ability to create systems where they exercise full control over the environment. However, the visibility of rules and operations can reassure…

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Filed under: News - @ January 16, 2025 2:23 pm