Co-founder Ethereum Vitalik Buterin saw two serious problems in the future of the network: the growing accumulation of Ethereum by institutions and the accelerating development of quantum computing.
Vitalik Buterin’s concerns are not unfounded, as nine large financial companies are managed through ETF Ether worth over $18 billion, and digital asset companies hold another $18 billion on their balance sheets. These organizations therefore control 10,4% of the total. Ethereum.
The combination of these factors could lead to the departure of experienced developers who may be unwilling to work in an environment shaped by traditional financial priorities. Buterin believes that initially Programmers were focused on creating open and transparent systems.
Buterin also expressed concerns about advances in quantum computing. He believes that existing cryptographic security measures could be broken as early as 2028, as evidenced by hardware developments at Google and Microsoft.
Quantum computing researcher Scott Aaronson believes that current progress makes the creation of a fault-tolerant machine capable of running Shor’s algorithm a reality before the next US presidential election.
In this regard, Vitalik Buterin noted that the protocol should not become ossified and should be adaptive to risks.
