Discover the latest developments in Ethereum as co-founder Vitalik Buterin reveals the updated 2024 roadmap, shedding light on the key priorities steering the blockchain’s evolution.
The roadmap includes strategic focuses such as “The Merge,” emphasizing a robust proof-of-stake consensus. Another crucial aspect is “The Surge,” which aims to achieve 100,000 transactions per second across Ethereum and its Layer 2 networks. To address risks related to MEV and liquid pooling, Ethereum introduces “The Scourge,” while “The Verge” aims to streamline block verification. Simultaneously, “The Purge” strives to simplify the protocol, and “The Splurge” encompasses all other essential aspects.
In an insightful thread on X, Vitalik endorses single-slot finality (SSF) as the optimal solution for addressing current weaknesses in Ethereum’s Proof of Stake design. He commends the progress made on Layer 2 networks and the implementation of Verkle trees.
Highlighting the significance of economic decentralization, Vitalik reorients “The Scourge” priority to combat centralization in two key “theatres:” MEV and liquid stake pooling. Concerns have arisen with the growth of Ethereum staking service Lido, underscoring the need to address economic centralization since Ethereum’s transition to a proof-of-stake consensus.
While maintaining consistency with last year’s outline, the core priorities of the Ethereum ecosystem undergo minor adjustments. Vitalik refrains from providing a specific timeline for these changes but arranges them based on their preferences. Stay tuned as Ethereum continues its journey towards a more advanced and efficient blockchain landscape.
Source: theblock.co
