Vitalik outlines vision for Ethereum network, calling it “world computer”

At Devcon 2024 in Bangkok, Ethereum co-founder Vitalik Buterin outlined the network's progress and its vision for the future, focusing on decentralization, scalability, and inclusion. In his keynote, Vitalik described Ethereum as a "world computer" and a foundational platform for a diversified digital economy, emphasizing its role in promoting a global decentralized economy that supports a vast on-chain ecosystem. Vitalik highlighted Ethereum's journey from its birth to becoming a foundational technology for various applications, and called Ethereum's transition from PoW to PoS an important milestone. This shift reduces the network's energy consumption and enhances security and decentralization. He emphasized that Ethereum's PoS framework is essential to creating a fair system that allows for more decentralized control of the platform. (CoinGape)