Vitalik Buterin Proposes Simplifying Ethereum for Enhanced Efficiency
- Vitalik Buterin aims to simplify Ethereum’s infrastructure to improve scalability and efficiency.
- A new virtual machine, potentially based on RISC-V, may replace the existing Ethereum Virtual Machine (EVM).
- The proposed changes could enhance smart contract execution by up to 100 times.
- A “3-slot finality” consensus mechanism is suggested for more secure network verification.
- Combining serialization protocols with Merkle trees and data erasure codes will reduce redundancy in the tech stack.
Vitalik Buterin’s proposal includes a new virtual machine that could improve smart contract performance by up to 100 times, alongside a “3-slot finality” mechanism for enhanced security.
Source (2.6)https://hodl.press/vitalik-buterin-ethereum-should-be-as-simple-as-bitcoin/?rand=24434