• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Vitalik Buterin spoke about possible threats to the centralization of Ethereum

Vitalik Buterin spoke about possible threats to the centralization of Ethereum

by Яночка

a year ago


Ethereum co-founder Vitalik Buterin identified three main problems that threaten the decentralization of the network: MEV, liquid staking and the cost of running a full node.

Vitalik Buterin published an unscheduled post on Twitter in response to criticism from key developer of the Geth client Peter Szilágyi.Buterin agreed with the concerns expressed by the programmer, calling them justified.

Regarding MEV, Buterin noted two approaches to protect users: “minimization” and “quarantine.”The first approach involves reducing additional profit due to the protocol architecture, such as in CowSwap.

The second approach involves using in-protocol methods to reduce or eliminate MEV.Buterin noted that minimization cannot completely eliminate MEV, while quarantine may be accompanied by risks of centralization.“If developers can completely exclude transactions from a block, this could lead to attacks,” Buterin said, but admitted that developments in this direction are “really interesting.”Buterin also noted the low popularity of individual staking.Most users prefer centralized services such as Coinbase, or DeFi platforms such as Lido or RocketPool.

He named the main reasons for this as the need for a deposit of 32 ETH to obtain validator status and the high requirements for hard disk space to run a full node - at least 4 TB.

Buterin proposed reducing the deposit size and reducing the withdrawal time to increase the availability of staking.

He added that the issue raises a number of philosophical questions, especially in the area of staking economics.

Wrong decisions can lead to centralization and the ‘re-creation of the traditional financial system’; the right decisions can create a successful ecosystem with a diverse set of individual stakers and decentralized poolsButerin wrote

To reduce the hardware requirements for running a node, Buterin noted the importance of implementing the Werkle tree and EIP-4444.

If both options are implemented, node hardware requirements could drop to less than 100 GB, and perhaps to almost zero if we completely eliminate the need for history storage for non-staking nodes.Buterin said

He associates further progress in this direction with the development of ZK-EVM, which will eliminate the need to perform calculations using only evidence.

There are many blockchain projects focused on high speed with an emphasis on decentralization later. I don't think Ethereum should be one of them concluded Buterin

Let us recall that in March the programmer called the next five years “decisive” for the mass adoption of Ethereum

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Kima Network Integration to Improve Cross-Chain Stablecoin Swaps on ChainGPT Launchpad

chest

ChainGPT Launchpad announces a strategic integration with Kima Network to simplify stablecoin swaps in the Web3 ecosystem.

user avatarGiorgi Kostiuk

Bitcoin Surpasses $121,000: Analyzing Growth and Institutional Participation

chest

Bitcoin reaches $121,000 record. Increased trading volume and institutional investments drive the price surge.

user avatarGiorgi Kostiuk

Surge in Bitcoin Price Leads to $190.61 Million in Short Liquidations

chest

Bitcoin reaches a new high of $122,000, resulting in $190.61 million in short position liquidations. Analysis of the current market situation.

user avatarGiorgi Kostiuk

Rising Investor Interest in Dogecoin: Predictions for Growth

chest

Increased open interest in Dogecoin signals investor optimism. Current DOGE price is $0.2030, with a surge in trading volume.

user avatarGiorgi Kostiuk

3iQ's XRP ETF Achieves $50 Million in Assets Under Management

chest

3iQ's XRP ETF has become the largest in North America, surpassing $50 million in assets under management.

user avatarGiorgi Kostiuk

XRP Hits $3 Mark as Prices Climb

chest

XRP has surged past $3, reflecting a rising trend in the cryptocurrency market in recent weeks.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.