Ethereum Co-Founder Proposes 5-Year Plan to Simplify Network, Boost Security
1min read Ethereum co-founder Vitalik Buterin has proposed a five-year plan to simplify Ethereum’s base layer. Titled “Simplifying the L1,” the proposal aims to reduce complexity, lower development costs, and improve security. Inspired by Bitcoin’s clean and minimal design, Buterin suggests setting a cap on the number of code lines in Ethereum’s core protocol. This would help Ethereum become more resilient and easier to maintain over time, ensuring the network stays strong and efficient for the long run.
Ask Aime: Will Ethereum's simplification plan lead to a stronger and more efficient blockchain?
Buterin's proposal includes replacing the Ethereum Virtual Machine (EVM) bytecode with RISC-V, a move that could significantly improve the network's performance and security. This initiative is part of a broader effort to make Ethereum more scalable and user-friendly, addressing some of the long-standing challenges faced by the blockchain platform.
The proposed changes are not limited to the EVM bytecode. Buterin has also emphasized the importance of raising the staking ceiling from 32 ETH to 2048 ETH, which would allow for greater participation in the network's validation process. This increase in the staking limit is expected to enhance network efficiency and security by encouraging more validators to join the ecosystem. The Pectra upgrade, scheduled for activation in May 2025, is a key component of this plan. It aims to transform validator activities and further improve the network's overall performance.
Buterin's focus on these areas reflects his commitment to the long-term development of Ethereum. By streamlining the network and enhancing its security, he hopes to create a more robust and reliable platform for decentralized applications and smart contracts. This initiative is part of a broader vision to make Ethereum a more accessible and efficient blockchain, capable of supporting a wide range of use cases and applications.
The proposed changes are expected to have a significant impact on the Ethereum ecosystem. By improving the network's performance and security, these upgrades could attract more developers and users to the platform, further solidifying Ethereum's position as a leading blockchain technology. The rollout of these changes will be closely monitored by the community, as they represent a major step forward in the evolution of Ethereum.
