Ethereum News Today: Ethereum Co-Founder Vows Network Must Never Go Offline to Advance Global Digital Infrastructure

Ethereum’s co-founder, Vitalik Buterin, has reaffirmed the network’s mission to advance human progress through decentralized, programmable infrastructure. Speaking during Ethereum’s 10th-anniversary livestream, Buterin emphasized that the platform must remain operational at all times and continue enabling developers to build applications that enhance global cooperation and digital autonomy [2]. He described Ethereum’s role not just as a smart contract platform but as a foundational system for the future global economy [5].

Buterin also reflected on Ethereum’s evolution since its launch in 2015, noting that its adaptability has been key to surviving challenges such as the DAO hack, regulatory scrutiny, and the rapid rise of decentralized finance (DeFi) and non-fungible tokens (NFTs). He reiterated that the network’s resilience and refusal to go offline have been among its most significant achievements [1]. Looking ahead, he outlined a 10-year vision extending to 2035, with a focus on scalability, privacy, and governance improvements. His goal is to ensure Ethereum remains both technologically advanced and philosophically aligned with decentralization [5].

Industry experts and developers have echoed Buterin’s sentiments, highlighting Ethereum’s potential to become the infrastructure layer for the next decade of digital transformation. Joseph Lubin, another Ethereum co-creator, noted the importance of Consensys in building Ethereum’s infrastructure, while Rice University’s Mallesh Pai predicted the platform would transition into the foundation of a digitized global economy driven by on-chain assets like stablecoins [5]. Justin Kenna of GameSquare described Ethereum as the most credible long-term virtual currency aligned with the future of the internet, powering global payments, digital identity, and entertainment ecosystems [5].

Institutional adoption of Ethereum is also on the rise, with corporate treasury firms adding ETH to their reserves. BitMine Immersion Technologies, the largest ETH treasury firm, holds around 625,000 ETH and plans to acquire up to 5% of the total supply. Sharplink, Bit Digital, and BTCS have also increased their holdings, with Bit Digital shifting its strategy from Bitcoin to Ethereum [2]. These moves signal growing confidence in Ethereum’s long-term viability and its potential to serve as a core asset for institutional portfolios.

Analysts like Sam McIngvale of Optimism Labs and Nemil Dalal of Coinbase have stressed the importance of Ethereum’s builder community in shaping its future. They believe the platform’s continued development will depend on how well it balances innovation with its core values of decentralization and user sovereignty. As Ethereum enters its second decade, the challenge remains ensuring it not only endures but actively contributes to the advancement of digital systems and global cooperation [5].

Source:

[1] Ethereum's core mission is to advance humanity, says ... (https://www.mitrade.com/insights/news/live-news/article-3-1004784-20250801)

[2] Buterin Says Ethereum Must Never Go Down as ETH Turns ... (https://thecryptobasic.com/2025/08/01/buterin-says-ethereum-must-never-go-down-as-eth-turns-10-with-zero-downtime/)

[5] Ethereum 2035: Vitalik's Vision for the Next Decade (https://etherworld.co/2025/07/31/ethereum-2035-vitaliks-vision-for-the-next-decade/)