• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Vitalik Buterin Unveils Next Major Step in Ethereum Evolution

user avatar

by Giorgi Kostiuk

2 years ago


Cover image via U.Today

The next significant phase in the evolution of the Ethereum network has been unveiled by Vitalik Buterin. This phase is referred to as "The Purge." Buterin shared insights into the ongoing efforts to simplify the Ethereum protocol and enhance security measures in a recent communication.

At the core of this evolution is EIP-6780, an essential improvement introduced in the Dencun hard fork. This enhancement aims to streamline the protocol by reducing the functionality of the SELFDESTRUCT opcode to enhance implementation efficiency and bolster security measures.

The Purge initiative encompasses decluttering Ethereum's infrastructure, reducing resource loads, and strengthening security protocols. By eliminating redundancies and reducing resource loads, Ethereum's efficiency and resilience are bolstered.

Key transformations under The Purge have led to a substantial reduction in code lines for Ethereum clients and the elimination of support for pre-merge (PoW) networks. Additionally, optimization of Ethereum's storage mechanism has significantly reduced storage requirements for node operators.

However, Buterin is not finished. He outlines potential areas for further refinement, including reevaluating precompiles and optimizing historical data storage to enhance ETH's functionality while reducing barriers to entry for node operators and developers.

Buterin also hints at the transition to SimpleSerialize (SSZ), a more efficient block structure that promises a simpler and cleaner future for Ethereum's data management.

The overarching goal of "The Purge" is to streamline Ethereum's architecture, reduce technical complexities, and enhance scalability and decentralization. By prioritizing protocol simplification and security enhancements, Ethereum aims to solidify its position as a leading blockchain platform supporting various decentralized applications and use cases.

Source: Vitalik Buterin

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Launch of OP Token Buyback Program Set for February 2025

chest

The Optimism Foundation is set to launch the OP token buyback program in February 2025, allocating half of net sequencer profits to purchase OP tokens from the open market.

user avatarMaria Fernandez

Global Economic Risks Identified by Russian Analysts

chest

The Roscongress Foundation outlines various potential black swan events that could impact the global economy, including geopolitical tensions and economic instability in Europe.

user avatarRajesh Kumar

Optimism Governance Approves OP Token Buyback Plan

chest

The Optimism governance community has approved a plan to tie the value of its OP token to the network's financial performance through a buyback program.

user avatarMaria Fernandez

USDC Leads the Downturn in Stablecoin Market

chest

USDC has experienced a significant drop in market capitalization, falling by more than $4 billion over the past ten days due to US-related regulatory uncertainty.

user avatarMiguel Rodriguez

Potential Market Impact of Coinbase and Kalshi Collaboration

chest

The collaboration between Coinbase and Kalshi is projected to create a market impact of $37 billion by 2025 and $10 billion in revenue by 2030.

user avatarLuis Flores

CopperInu Token Faces Significant Volatility Post-Launch

chest

CopperInu token has shown significant volatility post-launch, raising concerns about insider trading.

user avatarMaria Gutierrez

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.