Consensys CEO: Ethereum Layer 1 will become the global main ledger

ChainCatcher news, Consensys CEO and Ethereum co-founder Joseph Lubin stated: "Ethereum Layer 1 will become the global main ledger. It allows anyone to view, use, and add data or functionality without permission, possessing trusted neutrality and resistance to censorship. It features tamper-proof and verifiable tampering characteristics (achieved through a confiscation mechanism and transparency), and continuously advances its decentralization process. It has a top-tier large community that remains highly vigilant, as there will always be patient and well-resourced participants attempting to undermine the system.

Fortunately, as Ethereum develops and matures, the difficulty of undermining the system will increase."