Vitalik Buterin, co -founder of Ethereum, believes that the network should aim to become simple like Bitcoin while maintaining its advanced capabilities.
“One of the best things in Bitcoin is the simplicity of the protocol,” Burin said in a blog on May 3.
He added that this simplicity has a lot of benefits, and it should be brought to Ethereum.
Simplify ethereum
The main benefits of simplify ETHEREUM include making the protocol easier to understand, increase participation in development, and reduce the costs of creating new infrastructure and tools.
It also reduces long -term maintenance requirements, reduces the risk of catastrophic insects, and reduces the potential of social attacks and special interests.
He said that there are three main areas of simplification: the consensus layer, the implementation layer and the sharing of ingredients through the protocol layers.
“The efforts to renew Ethereum consensus include many opportunities to simplify consensus, while increasing efficiency and security.”
Simplification can include the implementation of the “three -thirds final” design to remove complex concepts such as holes and fields, reduce active auditors to enable the rules for selecting simple fork, and using a assembly based on eliminating confidence concerns.
“EVM [Ethereum Virtual Machine] “The growing growth in the complexity, and many of this complexity has proven unnecessary,” Burin said with regard to the execution class.
I suggest the complex EVM replacement with RISC-V, the structure of an open standard instructions, or another simpler apparent device. This can provide 100x performance improvement, much simpler specifications, better developed options, and the limits of the code size.
He said: “The third and most easy way to reduce the complexity of the total protocol is to share one standard across different parts of the stack as much as possible.” Before adding, “There must be only one way that we do. [something]Through consensus, implementation and other layers. “
Burin concluded that simplifying the protocol would be worthy of long -term attention.
“Attention to simplicity, such as decentralization, a short -term cost for the benefits that do not appear immediately.”
ETH price expectations
ETHEREUM fell from its preference among the encryption investors this year, with the collapse of its market share to its lowest level of 7 % in April.
The instant prices were hovering over $ 1,800 so far this month, but it decreased below in early trading in Asia on Monday morning.
The origin is still on the bear market levels, a 63 % decrease from the increase of 2021 at all, while bitcoin decreased by 13 % of the peak price earlier this year.
However, analysts remain confident that ETH can recover this year through a new road map and approach promotions.
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