Vitalik Buterin: Web3's initial vision is entering technological maturity

Ethereum (ETH) founder Vitalik Buterin stated on X that the initial vision for Web3 is entering a stage of technological maturity. He explained that Ethereum has significantly improved its scalability and reduced costs through its transition to Proof-of-Stake (PoS), the development of Zero-Knowledge Ethereum Virtual Machines (ZK-EVMs), and Layer 2 scaling technologies. Buterin added that core web service functions, such as messaging and file management, have now reached a level where they can be implemented in a decentralized way. He cited examples like Waku, a decentralized messaging technology for the Ethereum ecosystem; the InterPlanetary File System (IPFS); and the decentralized document collaboration service Fileverse as proof that the viability of using decentralized tools independent of centralized services is increasing.