Close Menu
West TimelinesWest Timelines
  • News
  • Politics
  • World
    • Africa
    • Asia
    • Australia
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Russia
      • Spain
      • Turkey
      • Ukraine
    • North America
      • United States
      • Canada
    • South America
  • Business
    • Finance
    • Markets
    • Investing
    • Small Business
    • Crypto
  • Elections
  • Entertainment
  • Health
  • Lifestyle
    • Fashion
    • Food & Drink
    • Travel
    • Astrology
  • Weird News
  • Science
  • Sports
    • Soccer
  • Technology
  • Viral Trends
Trending Now

Dubai Spotlight: Analyzing the Evolving Audience Tastes with AI Social Listening Tools in the UAE

2 weeks ago

مرآة التاريخ: تحليل البناء السردي للدروس الخالدة في قصص الأنبياء والإسلام

3 weeks ago

السندات الحكومية والشركات: أساسيات الاستثمار الآمن والدخل الثابت

4 weeks ago

UAE Ranks Among Top Rugby Markets on TOD as British & Irish Lions Tour Kicks Off

5 months ago

Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World

5 months ago
Facebook X (Twitter) Instagram
West TimelinesWest Timelines
  • News
  • US
  • #Elections
  • World
    • North America
      • United States
      • Canada
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Ukraine
      • Russia
      • Turkey
    • Asia
    • Australia
    • Africa
    • South America
  • Politics
  • Business
    • Finance
    • Investing
    • Markets
    • Small Business
    • Crypto
  • Lifestyle
    • Astrology
    • Fashion
    • Food & Drink
    • Travel
  • Health
  • Sports
    • Soccer
  • More
    • Entertainment
    • Technology
    • Science
    • Viral Trends
    • Weird News
Subscribe
  • Israel War
  • Ukraine War
  • United Kingdom
  • Canada
  • Germany
  • France
  • Italy
  • Russia
  • Spain
  • Turkey
  • Ukraine
West TimelinesWest Timelines
Home»Business»Crypto
Crypto

Vitalik Buterin Reveals Plans for Expanded Development of Ethereum ‘Purge’

April 1, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Telegram Email WhatsApp Copy Link

Vitalik Buterin, co-founder of Ethereum, recently announced a project called “The Purge” aimed at simplifying the Ethereum protocol by reducing historical data storage requirements. This initiative is set to streamline the network and address accumulated technical issues to make it more efficient. The project includes the implementation of various Ethereum Improvement Proposals (EIPs) that focus on simplification and optimization of the protocol. Buterin highlighted the importance of reducing the burden on node operators’ hard drives and lowering the technical debt associated with the protocol.

One of the key changes implemented as part of the simplification efforts is EIP-6780, which was introduced during the Dencun hard fork. This EIP simplified the Ethereum protocol by reducing the functions of the “SELFDESTRUCT” code and enhancing security measures. It also introduced a maximum number of storage slots that can be edited in a single block, improving network security and efficiency. Buterin expressed optimism that future EIPs would further enhance the network’s security by eliminating the SELFDESTRUCT function and making additional improvements.

As part of “The Purge” project, efforts are being made to clean up the Geth Ethereum client by removing redundant code and optimizing data storage on the Ethereum blockchain. EIP-4444, introduced during the Dencun upgrade, proposes the use of “blobs” for specific data storage to reduce long-term storage requirements and facilitate easier node participation. The project aims to enhance node decentralization by distributing historical data more effectively across the network, making it accessible to all nodes. Additionally, plans are underway to evaluate and optimize precompile Ethereum contracts and introduce a new data structure called SimpleSerialize (SSZ) to simplify data usage and development processes.

Buterin recently raised concerns about complex Layer 2 scaling solutions in blockchain ecosystems. He emphasized the need for a balanced approach to development, with Layer 1 networks prioritizing simplicity to minimize critical bugs and attack vectors. While Layer 2 networks specialize in providing scaling solutions, Buterin cautioned against the increasing complexity of these solutions and the risks they pose. He proposed enhancing Layer 1 networks with sophisticated features to ease the burden on Layer 2 networks, allowing them to remain reasonably simple and reducing the risks of critical bugs and security vulnerabilities.

In a recent update to the Ethereum roadmap, Buterin highlighted significant progress in Surge (rollup scaling) initiatives, including EIP-4844 and advancements in rollup technologies. He emphasized the need for long-term improvements in cross-rollup standards and interoperability to enhance Ethereum’s ecosystem. However, Buterin expressed less confidence in the concept of simplifying Layer 1 networks even at the expense of more complicated Layer 2 solutions. He stressed the importance of balancing the risks associated with Layer 1 and Layer 2 networks, as critical bugs in Layer 2 networks could lead to permanent loss of user funds. By focusing on simplicity in Layer 1 networks and enhancing their features, the risks of critical bugs and security vulnerabilities can be mitigated, safeguarding user funds and improving system reliability.

Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest Email Telegram WhatsApp Copy Link

You Might Like

Bank Employee Who Allegedly Embezzled Funds to Invest in Cryptocurrency Faces Financial Ruin

Analyst Predicts 400% Surge in Shiba Inu Price Forecast

Fox News Poll Shows Trump Ahead of Kamala Harris by 2%

Nansen Introduces Tracking Tools for Solana Analytics

Ireland Accelerates Crypto Regulation Development in Anticipation of EU Anti-Money Laundering Directive

Latest Blockchain Attack Results in $50M Theft at Radiant Capital

Editors Picks

مرآة التاريخ: تحليل البناء السردي للدروس الخالدة في قصص الأنبياء والإسلام

3 weeks ago

السندات الحكومية والشركات: أساسيات الاستثمار الآمن والدخل الثابت

4 weeks ago

UAE Ranks Among Top Rugby Markets on TOD as British & Irish Lions Tour Kicks Off

5 months ago

Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World

5 months ago

Jordan to Host Iraq in the Final Round of the Asian World Cup Qualifiers After Securing Historic Spot

6 months ago

Latest News

فلسطين: قلبٌ ينبض بالصمود والأمل

6 months ago

Roland Garros 2025: A New Era of Viewing, A Tribute to Legends, and Moments to Remember

7 months ago

Array

7 months ago
Advertisement
Facebook X (Twitter) TikTok Instagram Threads
© 2025 West Timelines. All Rights Reserved. Developed By: Sawah Solutions
  • Privacy Policy
  • Terms
  • Contact

Type above and press Enter to search. Press Esc to cancel.