Vitalik Buterin wants to Rebuild the “cypherpunk” vision for Ethereum

Vitalik Buterin wants to Rebuild the “cypherpunk” vision for Ethereum Vitalik Buterin, co-founder of Ethereum, expressed his views on the “cypherpunk” vision of blockchain and emphasized the need to reignite this revolution. Cypherpunk is a cultural-political movement focused on the use of cryptography to promote personal privacy and freedom on the Internet.
Some key characteristics of this movement include. Focuses on cryptographic technologies to protect personal data, transactions and information from government or organizational surveillance and control. Support the development and widespread use of powerful cryptographic technologies such as public key cryptography, digital signatures, digital currencies, etc. Resist government efforts to limit or control the use of cryptographic technologies. Support the development of open source software and decentralized peer-to-peer networks. Endorses a crypto-based stateless economy, uncontrolled by governments. Vitalik Buterin also emphasized that Ethereum needs to return to its original vision, a “public decentralized shared hard drive” capable of promoting peer-to-peer exchange and decentralized file storage. However, Vitalik also found that the “cypherpunk” vision was obscured when cryptocurrencies began overfunding the network around 2017.

The shift to financialization on Ethereum has blurred the vision initially reduces the neutrality and openness of the platform. Buterin emphasized that reinvigorating the “cypherpunk” vision is important to ensure decentralization, open participation and censorship resistance on the platform. He hopes that non-financial applications can continue to develop on blockchain and at the same time maintain important “cypherpunk” values.
Vitalik Buterin, founder of Ethereum, believes that maintaining the core values of the cypherpunk movement is still possible, despite the rapid development of technology. He argues that, although we are entering an age of fake synths, zero-knowledge proofs and the increasing abstraction and anonymization of accounts in cyberspace, but we can still uphold the core ideals pursued by the cypherpunk movement.
Specifically, Buterin wants to promote community participation in developing decentralized, self-governing mechanisms such as quadratic voting or finding consensus among groups so that organizations can govern themselves. .
These are activities imbued with the cypherpunk spirit that Buterin wants to inherit and develop in the blockchain technology ecosystem. I believe this is completely possible. Vitalik Buterin admits that despite the positive goals, there are still risks of losing the cypherpunk spirit in the development of blockchain technology and cryptocurrencies.
Specifically, he is concerned that there may be a trend of building systems that are too centralized, less decentralized, or systems that are less flexible and difficult to upgrade. These trends will lead to the loss of decentralization, freedom and openness – the core values that the cypherpunk movement pursues. Instead, we're just creating a less efficient version of existing web2 ecosystems. Therefore, Buterin emphasized the need to pay attention to avoiding those negative trends. Blockchain and cryptocurrency projects need to preserve and promote the original cypherpunk spirit, aiming for decentralization, autonomy and creativity.
That is truly the right path for the long-term development of this field. Buterin has highlighted solutions that solve some of the industry's biggest problems, including decentralized exchanges providing solutions to hacks on centralized exchanges and technologies like Cowswap , Flashbots Protect and MEV Blocker help limit the severity of attacks.

Overall, reinvigorating the “cypherpunk” vision for Ethereum is an important step toward ensuring decentralization, neutrality, and openness of the platform. At the same time, solving the biggest problems and maintaining “cypherpunk” values will help Ethereum continue to grow strongly in the future. This also means that the community needs to work together to ensure that Ethereum does not lose its original vision and maintains its unique nature in today's cryptocurrency industry.