!summarize
!summarize
Sort: Trending
Part 1/4:
Vitalik Beran's Master Plan to Make Ethereum Great Again
Ethereum is on a mission to change the way power is held and who gets to hold it. Vitalik Beran's six-part roadmap could make Ethereum a faster, more secure, and truly decentralized blockchain. But can these changes actually deliver on the hype? Vitalik's vision might change everything we know about Ethereum as it is.
The Merge
The Merge was a switch from proof-of-work to proof-of-stake, where people put up their Ethereum to secure the network. Proof-of-stake offers benefits like accessibility and easier targeting of bad actors, but it also raises concerns about centralization and the "rich getting richer" problem. Vitalik aims to address these issues by lowering staking requirements and pursuing single-slot finality to improve speed and responsiveness.
The Surge
[...]
Part 2/4:
The Surge is all about making Ethereum bigger and better. Vitalik wants to solve the scalability trilemma by implementing solutions like data availability sampling (DAS) and data compression to increase Ethereum's transactions per second (TPS) to over 100,000. Rollups, a Layer 2 solution, are also a key part of this plan, but they rely on trust in the rollup providers.
The Scourge
The Scourge is about stopping centralization. Vitalik is worried about centralization in block building, where a few entities could control the network. His solution is to split up block-building roles, but this introduces complexity. He also plans to mitigate miner extractable value (MEV) and implement diminishing returns for large stakes to prevent the wealthiest participants from dominating the network.
The Verge
[...]
Part 3/4:
The Verge is about making Ethereum more efficient. Vitalic wants to enable nodes to run on smaller devices, using technologies like Verkle trees and stateless clients. This could make the network more accessible and decentralized, but it also introduces new risks and a learning curve.
The Purge
The Purge is about making Ethereum lighter and more efficient by removing historical data and unused features. This includes history expiry, state expiry, and feature cleanup. While streamlining is good, it's crucial to ensure that critical data and functionality are not sacrificed.
The Splurge
The Splurge is about making Ethereum even better for regular users. Key upgrades include account abstraction, which introduces new account recovery methods, and EIP 4337, which aims to add features without changing the core protocol, like gasless transactions. However, these additions also increase complexity, and Vitalik must find the right balance between usability and comple
[...]
Part 4/4:
Vitalik's roadmap is an ambitious vision to make Ethereum faster, more secure, and truly decentralized. Each phase presents its own set of challenges and risks, and the success of this plan will depend on careful implementation, community involvement, and critical thinking. If Vitalik's vision is realized, it could have a profound impact on the way the crypto space evolves.