Ethereum Co-founder Vitalik Buterin Shares Updated 2024 Roadmap
Ethereum co-founder Vitalik Buterin has provided an updated roadmap for the blockchain, outlining the core priorities for its future development. These priorities include the Merge (proof-of-stake consensus), the Surge (100,000 transactions per second across Ethereum and Layer 2 networks), the Scourge (addressing risks around MEV and liquid pooling), the Verge (simplifying block verification), the Purge (simplifying the protocol), and the Splurge (other improvements).
In a Twitter thread, Vitalik expressed support for single-slot finality as a solution to Ethereum’s design weaknesses. He also praised progress on Layer 2 networks and Verkle tree implementations. The Scourge priority has been re-oriented to combat economic centralization in Ethereum, focusing on MEV and liquid stake pooling. Concerns have been raised about economic centralization due to the growth of Ethereum staking service Lido.
While some small changes have been made, the core priorities remain consistent with last year’s outline. No specific timeline was provided for these changes, but they are roughly ordered by priority.
Hot Take: Prioritizing Ethereum’s Future Development
Vitalik Buterin’s updated roadmap for Ethereum’s development showcases the key priorities that will shape its future. With a focus on improving consensus, scalability, security, and decentralization, Ethereum aims to address weaknesses and challenges in its ecosystem. By leveraging technologies like single-slot finality, Layer 2 networks, and Verkle trees, Ethereum intends to enhance its performance and mitigate risks around economic centralization. While a specific timeline is not yet determined, these priorities provide a clear direction for Ethereum’s evolution. As the blockchain continues to innovate and adapt, it aims to maintain its position as a leading platform for decentralized applications and smart contracts.
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