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

Vitalik Buterin Unveils 'The Purge' Initiative to Enhance Ethereum Network Decentralization

user avatar

by Giorgi Kostiuk

2 years ago


Recently, Ethereum co-founder Vitalik Buterin detailed the upcoming measures to streamline the Ethereum protocol and reduce the resources needed for nodes, introducing 'The Purge'.

This effort is a pivotal phase in the development of Ethereum, with the goal of erasing outdated network history and simplifying the system gradually.

Through purging old data, 'The Purge' significantly decreases the storage requirements for nodes and simplifies the technical aspects of the protocol.

During the Dencun hard fork, the implementation of Ethereum Improvement Proposal (EIP)-6780 was a significant advancement in simplifying the system by eliminating certain functions of the "SELFDESTRUCT" code.

Buterin emphasized the advantages of this move, stating that it streamlined the protocol by eliminating complexity and enhancing security measures.

Anticipating further progress, a new EIP is in the works to completely remove the SELFDESTRUCT code to increase the storage capacity of each Ethereum block.

Additionally, 'The Purge' introduces a mechanism through EIP-4444 to expire old data, enabling nodes to discard blocks older than one year.

As a result of this change, nodes will only require recent blocks to stay in sync with the current state of the chain unless specific historical data is requested.

Buterin expressed confidence in the impact of these developments on decentralizing Ethereum's node network, suggesting that it could strengthen the distribution of historical data across the network.

He also noted significant reductions in Geth, Ethereum's leading client, by eliminating support for pre-Merge networks and implementing an 18-day storage policy for post-Dencun blobs to reduce node data bandwidth by half to 50 gigabytes.

Lastly, the removal of precompiled contracts, initially designed for intricate cryptographic operations unsupported by the Ethereum Virtual Machine (EVM), is essential according to Buterin, as demand for these contracts has diminished and they have posed challenges for new EVM implementations.

This step is viewed as a move towards simplifying and securing the Ethereum network as Buterin aims to drive enhancements for efficiency and security.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Cardano Partners with Grant Thornton for New Financial Audit

chest

Cardano Foundation has partnered with Grant Thornton to launch a comprehensive financial audit to enhance transparency and accountability in the finance sector.

user avatarAisha Farooq

Community Backlash and Regulatory Interest in AI Deepfakes

chest

The recent emergence of AI-generated deepfake videos featuring the cast of Stranger Things has led to significant community backlash, particularly due to the lack of an official response from Netflix. Fans have expressed their dissatisfaction, labeling the videos as creepy and disturbing. This situation has prompted discussions about the ethical implications of AI in content creation and has raised calls for regulatory action.

user avatarTenzin Dorje

BlockDAG Challenges Solana and Avalanche in Scalability

chest

BlockDAG enters the blockchain space with a unique approach to scalability, raising significant funds in its presale.

user avatarBayarjavkhlan Ganbaatar

Cronos Struggles Despite New Partnership with Upbit

chest

Cronos struggles to gain momentum despite a new collaboration with Upbit for CRO staking services.

user avatarElias Mukuru

FLOKI Coin Struggles with Centralization Despite Strong Community

chest

FLOKI has a strong community but faces risks due to its token supply structure.

user avatarGustavo Mendoza

Investors Shift Focus to Sustainable Token Systems in Crypto Market

chest

Investors are increasingly prioritizing sustainable token systems over hype-driven investments.

user avatarDiego Alvarez

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.