TechFlow news: Ethereum co-founder Vitalik, in his newly published article "Three Transformations,"指出 that to achieve an open, global, and permissionless experience, as Ethereum evolves from a young experimental technology into a mature tech stack, it must simultaneously undergo three major technical transitions. The first is the L2 scaling transition—everyone moving to rollups; the second is the wallet security transition—everyone adopting smart contract wallets; and the third is the privacy transition—ensuring private fund transfers are available, and making sure all other emerging tools (social recovery, identity, reputation) are privacy-preserving.
Vitalik argues that if these three transitions are not completed, Ethereum will fail. Without the first transition, each transaction would cost $3.75 (or $82.48 during another bull market), and every mass-market product would inevitably abandon the chain and adopt centralized workarounds for everything. Without the second transition, users would be unwilling to custody their funds (and non-financial assets), causing everyone to shift to centralized exchanges. Without the third transition, all transactions (and POAPs, etc.) would be publicly visible to anyone, representing too high a privacy cost for many users, leading everyone to adopt centralized solutions that at least partially hide your data.
