Crypto: Vitalik Buterin Unveils His Vision For The Wallets Of The Future

In a remarkable intervention, Vitalik Buterin, the co-founder of Ethereum, calls for a major overhaul of crypto wallets. His publication from December 3 emphasizes the imperative to integrate more robust security and privacy features while simplifying transfers between layer 2 networks.

The creator of Ethereum demands more security for crypto wallets

On December 3, from his personal blogging platform, Vitalik Buterin shared his vision regarding the necessary evolution of Web3 wallets. The co-founder of Ethereum particularly insists on one fundamental point: the decentralization and security of Ethereum are only valuable if the wallets themselves integrate these essential characteristics.

According to Buterin, the current approach of relegating privacy features to a few specialized wallets is insufficient. He advocates instead for the systematic integration of these features into all Web3 wallets, proposing in particular a “private balance” system allowing for confidential funding of transfers.

This statement comes in a favorable context, notably after the recent decision of a US court regarding Tornado Cash, which could pave the way for more innovations in privacy on the blockchain.

Towards enhanced interoperability of Layer 2 solutions

Buterin does not stop at just the question of privacy. He also proposes significant improvements to facilitate transfers between the various Layer 2 networks of Ethereum, which currently manage over 50 billion dollars in assets.

The developer proposes an elegant solution: the introduction of a new address format that directly integrates L2 network identification, such as “0xd8dA…[email protected]”. This innovation would allow users to make cross-network transfers seamlessly and intuitively.

This proposal fits into a broader vision of the Ethereum ecosystem, where Buterin is actively pushing for increased decentralization of Layer 2 solutions, even announcing that from 2025, he will only publicly recognize networks with active anti-fraud or anti-validity systems.

These recommendations mark a decisive turning point in the evolution of Web3 wallets, placing security and ease of use at the heart of the development priorities of the Ethereum ecosystem.