Announcing Ethereum R1, a charitably funded rollup developed by visionary developers

Announcing Ethereum R1, a charitably funded rollup developed by visionary developers

Hey there, let's chat about Ethereum R1, a fresh Layer-2 (L2) rollup solution within the Ethereum ecosystem! This bad boy claims to be fully funded by community donations and dives deep into scaling Ethereum while staying true to its core principles—decentralization, credible neutrality, and censorship resistance. Nice, huh?

Unlike most other existing L2 solutions, Ethereum R1 takes a bold stand against tokens, private sales, and centralized governance, labeling itself as a "neutral rollup" developed for the Ethereum community. Announced via a juicy thread on X, Ethereum R1 ditches the typical token presale and venture capital routes. Instead, it slings together the Surge stack from NethermindEth and code from Taiko, with a 1% base fee allocated to the Taiko DAO until 2030.

Once live, Ethereum R1 kicks off in Stage 2, delivering permissionless proving, long upgrade delays, and a broad community multisig for decentralized governance, as detailed on the official website. The launch aims to address growing concerns around existing L2s that often end up functioning more like new layer-1 blockchains, with private allocations, opaque governance, and centralized control.

"General-purpose L2s should be simple, replaceable, and free from centralized dependencies or risky governance," says the team on X. "Ethereum R1 is our response to that call." The project is designed to be replaceable at its core, allowing it to evolve or pass the baton without causing damage to the Ethereum ecosystem. Community involvement is another core concept of Ethereum R1, with contributors invited to jump on board discussions on Telegram and the Magician Forum, and access resources on GitHub and the official site.

Since its May 1 announcement, the project has already drawn significant attention from A-listers in the Ethereum world like Justin Drake and Vitalik Buterin. Currently spearheaded by characters like Jiajun, Ahmad, Kassandra, and Jünger, the project marks a significant moment in the L2 debate, advocating for a future where rollups serve as public infrastructure rather than profit-driven enterprises. With a strong emphasis on transparency and community control, Ethereum R1 could set a new standard for scaling solutions within Ethereum.

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1. Ethereum R1, a Layer-2 rollup solution, has been spearheaded by a team including Jiajun, Ahmad, Kassandra, and Jünger, aiming to set a new standard for scaling solutions within Ethereum by focusing on transparency and community control.
2. Unlike many other L2 solutions, Ethereum R1 does not rely on tokens, private sales, or centralized governance, instead opting for community donations and incorporating the Surge stack from NethermindEth and code from Taiko.
3. With the launch of Ethereum R1, the team aims to address concerns about existing L2s functioning like new layer-1 blockchains, such as private allocations, opaque governance, and centralized control.
4. In contrast to Ethereum R1's approach, the Cardano Founder recently discussed the Ouroboros Leios upgrade, a development within the Cardano blockchain ecosystem.

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