Jakarta, Pintu News – Vitalik Buterin, the founder of Ethereum (ETH), recently called for important changes in the withdrawal system on the Layer 2 (L2) network. In a post on X, Buterin emphasized the need to speed up withdrawal times to less than an hour.
The main concern is that long waiting times may encourage users to look for alternative, less secure solutions, which could ultimately threaten the security of Ethereum (ETH) itself.
Check out the full information in this article!
Buterin revealed that long wait times in the withdrawal process at L2 encourage users to turn to solutions that have unacceptable trust assumptions, such as multisig and MPC (Multi-Party Computation).
This, in his opinion, detracts from the essence of using L2 which should provide better security and efficiency compared to an independent L1 blockchain. Buterin emphasized that these changes need to be made immediately to maintain the integrity and trust in the Ethereum (ETH) system.
In this context, recent research from L2BEAT, a platform that studies L2 networks, shows that some networks such as Base, Optimism, Scroll, Unichain, Kinto, and Inco have met the new Stage 1 requirements. While this is a step forward, Buterin emphasized that further improvements, especially in withdrawal speed, are crucial.
Read also: Pi Network Core Team Invites Users to Fight Misinformation, What’s the Strategy?
Buterin suggested that L2 networks switch from optimistic proof systems to ZK (Zero-Knowledge Proofs) proof systems that can validate transactions quickly and more securely. He also proposed a 2-in-3 hybrid model that combines ZK, OP (Optimistic Proofs), and TEE (Trusted Execution Environment) systems.
According to Buterin, two of these three systems (ZK and TEE) can provide instant withdrawals without compromising security. In addition, Buterin also highlighted the mature development of the ZK-EVM proof, which shows progress in formal verification.
However, he acknowledged the high cost challenges associated with gas fees for proof submission, which still need to be addressed to achieve an optimal solution.
Read also: Erebor seeks crypto bank license, tech billionaire relies on political network?
This development has had a positive impact on the value of Ethereum (ETH), which is currently trading at $4,047.92, up 5.90% in the last 24 hours. With increased withdrawal speeds on L2, Buterin believes that Ethereum (ETH) can further cement its position as the economic center of the crypto ecosystem.
This will not only increase user confidence but also encourage long-term adoption of Ethereum (ETH) as the platform of choice for various decentralized applications.
The initiative proposed by Vitalik Buterin to speed up the withdrawal process on the Layer 2 network shows his commitment to the continuous improvement of the Ethereum (ETH) infrastructure. By adopting the latest technologies and fixing existing weaknesses, Ethereum (ETH) has great potential to continue growing and maintaining its position as a leader in the blockchain industry.
That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today‘ s solana price, pepe coin and other crypto asset prices through Pintu Market.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference
© 2025 PT Pintu Kemana Saja. All Rights Reserved.
The trading of crypto assets is carried out by PT Pintu Kemana Saja, a licensed and regulated Digital Financial Asset Trader supervised by the Financial Services Authority (OJK), and a member of PT Central Finansial X (CFX) and PT Kliring Komoditi Indonesia (KKI). The trading of crypto asset futures contracts is carried out by PT Porto Komoditi Berjangka, a licensed and regulated Futures Broker supervised by BAPPEBTI, and a member of CFX and KKI. Crypto asset trading is a high-risk activity. PT Pintu Kemana Saja and PT Porto Komoditi Berjangka do not provide any investment and/or crypto asset product recommendations. Users are responsible for thoroughly understanding all aspects related to crypto asset trading (including associated risks) and the use of the application. All decisions related to crypto asset and/or crypto asset futures contract trading are made independently by the user.