Vitalik Buterin shares updated 2024 roadmap for Ethereum
Quick Take Vitalik Buterin, co-founder of Ethereum, has shared an updated 2024 roadmap for the blockchain, with “relatively few changes” from the 2023 version.
Ethereum ETH -0.31% co-founder Vitalik Buterin has shared an updated 2024 roadmap for the blockchain, outlining the core priorities for the ecosystem moving forward.
These priorities include the Merge (a robust proof-of-stake consensus), the Surge (a goal of 100,000 transactions per second across Ethereum and its Layer 2 networks), the Scourge (mitigating risks around MEV and liquid pooling), the Verge (easier block verification), the Purge (simplifying the protocol), and the Splurge (everything else).
Vitalik, in his thread on X , endorsed single-slot finality (SSF) as "the easiest path to resolving a lot of the Ethereum [Proof of Stake] design's current weaknesses" and praised the progress made on L2 networks and with Verkle tree implementations.
Vitalik also described how the Scourge priority has been re-oriented around fighting economic centralization in Ethereum in two key "theatres:" MEV and liquid stake pooling. The growth of Ethereum staking service Lido has raised concerns around economic centralization in Ethereum since the blockchain's transition to a proof-of-stake consensus.
Aside from other small changes, the core priorities of the Ethereum ecosystem remain the same from last year's outline. Vitalik declined to estimate a timeline for the changes to the ecosystem, though the changes are ordered roughly according to priority.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Peanut the Squirrel Token Sparks Controversy After Owner Launches Justice Coin
Will Bitcoin’s Correction Continue or is it a Good Time to Buy?
US stocks head into holiday week with history on their side
Let’s take a look at how US equities typically perform this time of year and what we might see in the coming days
Cardano implements first ZK smart contract
Share link:In this post: Cardano has deployed its first zero-knowledge smart contract on the mainnet through the use of the Halo 2 zkSNARKs. The technology allows for secure and private verification of computations with the help of the network without disclosing sensitive information. ADA recently crossed the $1 level and went as high as $1.15 before a 17% drop.