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Home»ADOPTION NEWS»Vitalik Buterin shares updated 2024 roadmap for Ethereum.
ADOPTION NEWS

Vitalik Buterin shares updated 2024 roadmap for Ethereum.

By Crypto FlexsDecember 30, 20232 Mins Read
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Vitalik Buterin shares updated 2024 roadmap for Ethereum.
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Co-founder Vitalik Buterin shared an updated 2024 roadmap for blockchain, outlining key priorities for the ecosystem moving forward.

These priorities include Merge (strong proof-of-stake consensus), Surge (target of 100,000 transactions per second across Ethereum and layer 2 networks), Scourge (mitigating risks associated with MEV and liquid pooling), Verge (easier block verification), and Purge. (protocol simplification) and Splurge (everything else).

Vitalik is his Thread of Xendorsed single-slot finality (SSF) as “the easiest path to address the current weaknesses of many Ethereum (proof-of-stake) designs” and praised the progress made in implementing the L2 network and Verkle tree.

Vitalik also explained how the Scourge has been reprioritized against Ethereum’s economic centralization in two key “theaters”: MEV and floating stake pooling. The growth of Lido, an Ethereum staking service, has raised concerns about economic centralization on Ethereum since the blockchain transitioned to a proof-of-stake consensus.

Aside from other small changes, the core priorities of the Ethereum ecosystem remain the same as last year’s outline. Vitalik declined to estimate a timeline for ecosystem change, but the changes were roughly ordered by priority.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

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