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Crypto Star

06/19 15:29

Joseph Lubin: Ethereum L1 Is the World’s Master Le

Joseph Lubin: Ethereum L1 Is the World’s Master Ledgera04ab14dc86641af88edc0ef490ada0d.jpeg

Ethereum’s base layer is becoming more than a blockchain—it’s a global ledger.
Ethereum co-founder Joseph Lubin declared that “Ethereum Layer 1 will be the master ledger for the world.” He stressed that Ethereum’s permissionless, transparent, and neutral structure makes it uniquely positioned to anchor a global system of finance and information.

Rather than being just a tech platform or digital currency, Lubin sees Ethereum L1 as a permanent, auditable infrastructure—supporting everything from tokenized assets to digital identity.

Institutions Are Taking Ethereum Seriously

Lubin revealed that Consensys is in active discussions with sovereign wealth funds and major banks from a “very big” country. These talks focus on building Layer 1 and Layer 2 infrastructure tailored for national-scale financial systems.

Ethereum’s appeal lies in its ability to support programmable money, decentralized governance, and trustless transactions. As traditional institutions explore these capabilities, Ethereum is shifting from an experimental tool to an enterprise-grade solution.

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