• 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

BlackRock's iShares Ethereum Trust ETF Surpasses Expectations

chest

BlackRock's iShares Ethereum Trust ETF has attracted over $91 billion in inflows this year, exceeding initial expectations.

user avatarKaterina Papadopoulou

Institutional Investors Show Confidence in Solana ETFs

chest

Institutional investors show strong interest in Solana ETFs, with significant capital inflows observed on December 17.

user avatarMaya Lundqvist

Bitway Introduces DeTraFi for Institutional Yield Strategies

chest

Bitway has launched DeTraFi, a framework designed to implement delta neutral yield strategies for Bitcoin holders.

user avatarLeo van der Veen

Corporate Treasuries Boost Bitcoin Holdings Amid Market Changes

chest

Corporate treasuries have accumulated 42,000 BTC between mid-November and mid-December, marking the largest increase in Bitcoin holdings since July.

user avatarLi Weicheng

Solo Bitcoin Miner Strikes Gold with 3128 BTC Reward

chest

A solo Bitcoin miner successfully mined block 928,985, earning a reward of 3128 BTC, valued at approximately 281,000.

user avatarAisha Farooq

Chainlink Faces Critical Support at $1.25

chest

Chainlink is at a pivotal moment as it tests the $1.25 support level amid market fears.

user avatarTenzin Dorje

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.