Ethereum co-founder Vitalik Buterin has contradicted Nick White’s views on blockchain verifiability commissions. Buterin sees commission hiring as an aberration and a step away from the decentralization principles of blockchain technology. Buterin stated that he would stop looking at Ethereum for what it is if the blockchain would accept commissions and centralized intermediaries as the solution to everything.
I don’t think this is a peripheral issue at all.
If Ethereum gave up verifiability and accepted commissions and centralized intermediaries for everything, I would no longer consider it Ethereum.
In addition to controllability, I would also add highly democratized participation.
— vitalik.eth (@VitalikButerin) December 7, 2024
Buterin’s statement was in response to a post from Nick White, a Celestia blockchain partner, who believes that the core of blockchain technology is verifiability, regardless of how users achieve it. According to White, the goal is freedom from committees and intermediary institutions. So it doesn’t matter how you can achieve that. White said: “A devolved committee is still a committee.”
To be clear, White was not advocating for an overwhelming implementation of blockchain verifiability committees. He specified that consensus is the only area where the blockchain industry should adopt commissions, and stated that relying on state commissions for state validity should be ruled out.
Buterin disagreed with the suggestion. He categorically stated that using commissions to verify transactions means decentralization for a blockchain network. As the co-founder of Ethereum and a prominent figure in the blockchain industry, he rejected the view and clearly stated what adopting commissions would do to his perception of Ethereum.
Decentralization is a core feature of blockchain technology that distributes decision-making power among participants. Such participants gain their democratic rights by running nodes on the blockchains and taking responsibility for making the blockchains more secure, transparent, and trustworthy.
Ethereum remains the second largest blockchain by market capitalization. Meanwhile, many Ethereum supporters consider it the most decentralized blockchain, despite Bitcoin’s superiority in age and size. Nevertheless, the blockchain is highly regarded for its immutability and lack of permission, both hallmarks of a highly decentralized network.
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