Ethereum Co-Creator Proposes Solutions for Network Complexity
Ethereum co-creator Vitalik Buterin has put forward three methods to address the growing complexity of the network’s proof-of-stake consensus design. The first solution involves incentivizing mergers between validator teams by increasing the minimum Ether (ETH) required to run an Ethereum validator. The second method suggests dividing staking layers into two, with one layer having stricter parameters and the other offering more flexibility. The third proposal involves randomizing a set of validators from a pool to sign each slot, maintaining the current requirement of 8192 signatures. This comes as the number of Ethereum validators has more than doubled since September 2022, leading to an increase in required signatures.
Concerns and Future Upgrades
Buterin has previously expressed concerns about decentralization and warned against DAOs operating staking pool nodes. He also mentioned upcoming upgrades like Dencun that could further increase the number of required signatures, adding additional load to the network. These proposed solutions aim to simplify and lighten the consensus implementation while maintaining network operations and decentralization.
Hot Take: Finding Solutions for Ethereum’s Growing Complexity
Ethereum co-creator Vitalik Buterin has proposed three methods to tackle the increasing complexity caused by the network’s proof-of-stake consensus design. These solutions involve incentivizing mergers between validator teams, dividing staking layers, and randomizing a set of validators for each slot. With the number of Ethereum validators doubling in recent months, finding ways to streamline operations and maintain decentralization is crucial. Buterin’s proposals aim to simplify the consensus implementation while addressing the growing load on the network. As Ethereum continues to evolve and scale, these innovative solutions demonstrate Buterin’s commitment to improving the platform’s efficiency and effectiveness.
By
By
By
By