Vitalik Buterin, co-founder of Ethereum, presented a five-year plan to simplify the protocol to improve the network's efficiency, security, and accessibility.
Simplification Plan
On May 3, 2025, Vitalik Buterin confirmed plans for a substantial restructuring of Ethereum’s architecture. The new plan aims to enhance protocol clarity while reducing costs and increasing security. Buterin intends to embrace a minimalist design philosophy inspired by Bitcoin.
Community Support
Prominent community members like Sassal.eth have already voiced support for the initiative. Buterin aims for Ethereum’s protocol to be understandable 'by a smart high school student.' He stated: 'I advocate for a return to basics—making Ethereum's protocol understandable.'
Long-term Prospects for Ethereum
The market reacted positively to the initiative, with Ethereum trading volumes amounting to approximately $20.8 billion. Price stability indicates confidence in the long-term value proposed by Buterin. Analysts believe that the new proposal could encourage broader developer participation and strengthen Ethereum's position as a leading Layer 1 blockchain.
If the simplification plan is successfully implemented, it may lead to reduced development costs and lower barriers for developer participation, enhancing Ethereum's resilience and decentralization.
