Ethereum co-founder Vitalik Buterin has shared his vision for future technical improvements to the protocol following its successful switch to Proof of Stake.
Buterin's Proposals for Ethereum Enhancements
In his blog, Vitalik Buterin stated that the Merge, a crucial milestone in Ethereum's history, has shown its stability by avoiding centralization risks. However, he sees room for improvement.
Lowering Staking Requirements
One of Vitalik Buterin's key proposals is to reduce the staking requirement from 32 ETH to 1 ETH, making the process more accessible to a broader range of users.
Speeding Up Block Finalization
The goal of the 'single-slot finality' process is to accelerate Ethereum's block finalization time from 15 minutes to just 12 seconds.
Vitalik Buterin's proposals pave the way for more efficient and accessible use of Ethereum post-Proof of Stake transition, bringing significant improvements for network users in the future.