Vitalik Buterin: Ethereum L1 is about to welcome new competitors in the prediction market
2026-09-22 07:50:47
According to CoinMeta, Wu said that Vitalik Buterin indicates that a new competitor is about to enter the Ethereum L1 prediction market, with a focus on decentralization and ethics, as well as exploring more practical applications of this economic mechanism. Previously, the prediction market Trueo announced that it would migrate from Base to the Ethereum mainnet, stating that its long-term goal is to build a widely integrated, completely permissionless prediction market with immutable core contracts, and to focus on enhancing market liquidity and upgrading oracles and dispute resolution mechanisms. Trueo mentioned that the migration mainly takes into account the network effects, integration capabilities, and decentralized properties of Ethereum. It is unrelated to the development of Base itself. During the migration period, the existing Base market will still allow for normal trading, settlement, and redemption. True holders will have the option to migrate to Ethereum in the long term.
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