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Ethereum Co-Founder Buterin Advocates for Proof Systems in L2 Transition

Coin WorldMonday, May 5, 2025 2:33 am ET
2min read

Vitalik Buterin, the co-founder of Ethereum, has recently underscored the pivotal role of proof systems in the network's Layer 2 (L2) transition. Through a series of discussions and blog posts, Buterin has emphasized the necessity of robust proof systems to ensure the security and efficiency of Ethereum's L2 networks. He has advocated for a shift towards a multisignature proof system, which aims to mitigate the risks associated with proof system collapses, thereby enhancing the overall reliability and security of the Ethereum network as it progresses through its development stages.

Buterin's insights are part of a broader strategy to simplify Ethereum's architecture, making it more akin to Bitcoin's streamlined design. In his blog post "Simplifying the L1," Buterin argued that reducing complexity is essential for the network's security, scalability, and long-term success. He pointed out that previous complexity has led to inefficiencies and potential vulnerabilities, which a more straightforward architecture could mitigate. This simplification effort is part of a five-year plan that Buterin outlined, focusing on enhancing Ethereum's core elements such as security, decentralization, and privacy.

The central part of Buterin's proposal involves reviving Ether's execution layer, which has become increasingly inefficient due to the growing complexity of the Ethereum Virtual Machine (EVM). By streamlining the execution layer, Ethereum aims to improve its performance and reduce the computational overhead, making it more efficient and scalable. This revamp is crucial for supporting the network's L2 solutions, which rely on a robust and efficient underlying layer to function effectively.

Buterin's vision for Ethereum's future also includes extending the network into the decentralized world, promoting advancements in governance and communication. He emphasized the importance of gradual development, focusing on key aspects that will enhance the network's overall functionality and user experience. The upcoming Pectra network update, scheduled for May 7, 2025, is expected to play a significant role in this development. The update will introduce new features, including EIP-7702, which aims to expand smart contract compatibility with standard Ethereum accounts. This will enable features such as transaction batching, gas promotions, and social recovery, further enhancing the user experience and performance of Ethereum.

The Pectra update will also bring improved staking capabilities, allowing stakeholders to grow their effective balances and enabling small operators to compound their stakes. Large validators can merge their locations to minimize the overall utilization of the peer-to-peer network bandwidth, contributing to a more efficient and scalable network. These developments are part of a broader effort to enhance Ethereum's scalability and adoption, positioning it for continued growth and success in the decentralized finance (DeFi) ecosystem.

Buterin's emphasis on proof systems and the simplification of Ethereum's architecture underscores the network's commitment to security and efficiency. As Ethereum continues to evolve, these strategic initiatives will be crucial in ensuring its long-term viability and competitiveness in the rapidly changing landscape of blockchain technology.

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