Vitalik Buterin wants you to know that Ethereum Only 40% complete – and there’s more to come after ‘Merge’.
At the Ethereum Community Conference in France on Thursday, Ethereum co-founder subscriber His vision for future developments that go beyond the network’s transition to proof of stake. In fact, this step – often referred to as “merge“because it will combine the Ethereum mainnet with the Proof of Stake beacon chain — only the first in a series of planned upgrades.
Above all, Buterin gave rhyming names to each of those planned promotions. seriously.
After merging, which Buterin thinks is very close because “the only thing left is to do merging Robusten [test network]Ethereum will then undergo further upgrades which he calls “surge,” “edge,” “purge,” and “splurge,” he told the conference.
Buterin said that while it might sound like the title of the episode “Rick and Morty,” increment, purge, purge, and bragging are actually major parts of Ethereum’s scaling, cleaning, and evolution.
Bitcoin advocates seen Bitcoin Buterin argued that it should be 80% complete, but said that Ethereum proponents believe that Ethereum is only 40% complete. After the merger is expected to be completed This is SeptemberHe said Ethereum would still be only 55% complete.
Buterin cited the desire to make Ethereum a more powerful network as the reason behind the planned “deep changes.”
The sudden spike indicates the addition of an Ethereum hash, a scaling solution that could Ethereum Foundation Claims It will also enable cheap Layer 2 blockchain, lower the cost of pools or transactions, and make it easier for users to operate the nodes that secure the Ethereum network. Buterin also said that once the surge is complete, the Ethereum network will process transactions faster as well.
Today, Ethereum can process about 15-20 transactions per second. this is Ethereum including aggregations, including hashes […] “It will be able to process 100,000 transactions per second,” Buterin said.
The Verge will implement what Buterin calls “ferkel trees(a kind of mathematical proof) and “stateless agents.” These technical upgrades will allow users to become network validators without having to store large amounts of data on their devices. In a Proof of Stake network, validators who are locked out orbet“ETH Confirm and Verify Transactions. In Buterin’s view, the edge would be ‘great for decentralizing’.”
The Purge — while its name evokes the 2013 horror film where one night a year all crimes are legal — will involve the purge of the network’s old history (not the people).
“Purge: trying to reduce the space you should have on your hard drive, trying to simplify the Ethereum protocol over time and not require a contract to store history,” Buterin said of the phase.
And what about bragging?
It’s “all the other fun stuff.”
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