Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Vitalik wants to make Ethereum ‘as simple as Bitcoin’ in 5 years

CryptoExpert by CryptoExpert
May 3, 2025
in Blockchain News
0
Vitalik wants to make Ethereum ‘as simple as Bitcoin’ in 5 years
  • Facebook
  • Twitter
  • Pinterest


You might also like

BlackRock Taps JPMorgan to Tokenize European Money Market Funds

Paxos Completes OCC Charter Conversion, Bolstering Stablecoin Oversight

IPMX Certification Launches, 48 Products Now Verified

Ethereum co-founder Vitalik Buterin called for simplifying Ethereum’s base protocol, aiming to make the network more efficient, secure and accessible, drawing inspiration from Bitcoin’s minimalist design.

In a blog post titled “Simplifying the L1,” published on May 3, Buterin laid out a vision to restructure Ethereum’s architecture across consensus, execution and shared components.

“This post will describe how Ethereum 5 years from now can become close to as simple as Bitcoin,” Buterin wrote, arguing that simplicity is key to Ethereum’s resilience and long-term scalability.

While recent upgrades like proof-of-stake (PoS) and Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARK) integration have made Ethereum more robust, he said that technical complexity has led to bloated development cycles, higher costs and greater risks of bugs:

Tokenmetrics

“Historically, Ethereum has often not done this (sometimes because of my own decisions), and this has contributed to much of our excessive development expenditure, all kinds of security risk, and insularity of R&D culture, often in pursuit of benefits that have proven illusory.”

Buterin praises Bitcoin for its simplicity. Source: Vitalik Buterin

Related: ‘Vitalik: An Ethereum Story’ is less about crypto and more about being human

Ethereum eyes “3-Slot Finality” to simplify consensus

One key area of focus is Ethereum’s consensus layer. Central to this effort is the proposed “3-slot finality” model, which eliminates complex components like epochs, sync committees and validator shuffling.

“The reduced number of active validators at a time means that it becomes safer to use simpler implementations of the fork choice rule,” Buterin wrote.

Other proposed improvements include allowing for more straightforward fork choice rules and adopting Scalable Transparent Argument of Knowledge (STARK)-based aggregation protocols to decentralize and simplify network coordination.

On the execution layer, Buterin proposed a shift from the Ethereum Virtual Machine (EVM) to a simpler, ZK-friendly virtual machine like RISC-V. This move could offer 100x performance improvements for zero-knowledge proofs and significantly simplify the protocol.

RISC-V is an open-source instruction set architecture (ISA) used in designing computer processors. It follows a minimalist design philosophy, using a small set of simple instructions for high efficiency and easier implementation.

To preserve backward compatibility, Buterin suggested running legacy EVM contracts onchain via a RISC-V interpreter while supporting both VMs concurrently during a transitional phase.

Source: Vitalik Buterin

Related: Ethereum community members propose new fee structure for the app layer

Buterin calls for protocol-wide standards

Buterin also advocated for protocol-wide standardization. He suggested adopting a single erasure coding method, serialization format (favoring SSZ), and tree structure to reduce redundant complexity and streamline Ethereum’s tooling and infrastructure.

“Simplicity is in many ways similar to decentralization,” Buterin wrote. He suggested Ethereum adopt a “max line-of-code” target similar to what Tinygrad does, keeping consensus-critical logic as lean and auditable as possible.

Non-critical legacy features would remain but reside outside the core specification.

Buterin’s proposal aimed at simplifying Ethereum comes as the network continues to lose market share to competing blockchains.

During a panel discussion at the LONGITUDE by Cointelegraph event on May 2, Alex Svanevik, CEO of data service Nansen, said Ethereum’s relative dominance among L1 blockchain networks has declined.

“If you’d asked me 3–4 years ago whether Ethereum would dominate crypto, I’d have said yes,” Svanevik said during a panel discussion at the LONGITUDE by Cointelegraph event. “But now, it’s clear that’s not what’s happening.”

Magazine: ZK-proofs are bringing smart contracts to Bitcoin — BitcoinOS and Starknet



Source link

  • Facebook
  • Twitter
  • Pinterest
Tags: BitcoinEthereum
CryptoExpert

CryptoExpert

Recommended For You

BlackRock Taps JPMorgan to Tokenize European Money Market Funds

by CryptoExpert
August 5, 2026
0
Cointelegraph

BlackRock will offer tokenized versions of select European money market funds using JPMorgan’s blockchain infrastructure. According to a Tuesday Bloomberg report, the offering will include pound sterling, euro and...

Read more

Paxos Completes OCC Charter Conversion, Bolstering Stablecoin Oversight

by CryptoExpert
August 5, 2026
0
Paxos Completes OCC Charter Conversion, Bolstering Stablecoin Oversight

Rongchai Wang Aug 04, 2026 19:20 Paxos' OCC charter positions the firm as a federally supervised national trust bank, enhancing stablecoin issuance and compliance under U.S. federal oversight....

Read more

IPMX Certification Launches, 48 Products Now Verified

by CryptoExpert
August 4, 2026
0
AMD Rethinks Memory Strategy with EPYC 9004, 9005 CPUs

Darius Baruo Aug 04, 2026 10:20 IPMX certification debuts with 48 products from 11 manufacturers, marking its shift to a deployable standard for AV-over-IP. Here's what it means....

Read more

Tether Gold reserves rise 9.5% as gold posts worst quarter in 13 years

by CryptoExpert
August 4, 2026
0
Cointelegraph

XAUt added to its bullion backing during gold’s worst quarter since 2013, as tokenized commodity holder counts continued to rise. Source link

Read more

Conflux (CFX) v3.1.0 Testnet Hardfork Set for Aug 7, CIPs Include Security Fixes

by CryptoExpert
August 4, 2026
0
Conflux (CFX) v2.4.0-testnet Hardfork Upgrade Announcement

Timothy Morano Aug 03, 2026 11:15 Conflux (CFX) is rolling out v3.1.0 testnet hardfork by Aug 7, implementing 7 CIPs, security updates, and RPC...

Read more
Next Post
muttum-finance

New DeFi Crypto Project That Analysts Say Could Deliver 19,900% Gains In Few Months

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 63,935.00
ethereum
Ethereum (ETH) $ 1,859.14
tether
Tether (USDT) $ 0.999328
bnb
BNB (BNB) $ 598.16
usd-coin
USDC (USDC) $ 0.999705
xrp
XRP (XRP) $ 1.06
solana
Solana (SOL) $ 73.46
tron
TRON (TRX) $ 0.327988
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?