Vitalik Buterin unveils the New Ethereum Roadmap for 2024: Here's What You Need to Know.
The updated roadmap, presented by Vitalik Buterin, the visionary co-founder of Ethereum, is particularly noteworthy and his way of presenting, makes it obvious he is no marketing expert lol. In any means, it does the job and outlines the direction Ethereum will take in the coming year with minimal changes compared to the 2023 roadmap.
The core of this new roadmap consists of six crucial elements shaping Ethereum's future:
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The Merge: Signifying the transition to a fully proof-of-stake consensus mechanism, a significant milestone in Ethereum's evolution.
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The Surge: With the ambitious goal of supporting 100,000 transactions per second, Ethereum focuses on scaling both on the main chain and Layer 2 networks.
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The Scourge: Addressing risks related to Miner Extractable Value (MEV) and liquid stake pooling, aiming to combat economic centralization.
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The Verge: Focusing on simplifying block verification to make the network more accessible and efficient.
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The Purge: Central to this is simplifying the Ethereum protocol to enhance network maintenance and sustainability.
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The Splurge: Encompassing all other improvements and additions outside the mentioned categories.
Vitalik also emphasizes the importance of single-slot finality (SSF) as a key strategy to address some current weaknesses in the Ethereum Proof of Stake design. Additionally, he praises the progress made on Layer 2 networks and Verkle tree implementations.
Personally I think it's about time some improvements come. The news certainly didn't build much hype around ETH, as some news messages can cause when projects sometimes share their news. Show Less