Vitalik Buterin reveals the Ethereum game plan for 2024
Ethereum founder Vitalik Buterin shared the Ethereum map for 2024, admitting that there are only minor changes compared to last year.
In a series of posts on X (formerly Twitter), Buterin outlines six major areas of focus for Ethereum (ETH) in 2024.
In addition, with detailed chart explanations and illustrations, Buterin elaborates on these six elements, integration, eclipse, scourge, brink, purge, and splurge.
As Ethereum's technical direction becomes clearer, he noted that there are a handful of minor adjustments compared to the 2023 roadmap.
“As Ethereum's technical path continues to strengthen, there are relatively few changes.”
By popular demand, an updated roadmap for 2023! pic.twitter.com/oxo58A2KuG
— vitalik.eth (@VitalikButerin) December 30, 2023
The integration is highlighted as a key part of the roadmap, which aims to maintain a simple and foolproof proof-of-stake (PoS) protocol.
In September 2022, a unified integration of the Ethereum mainnet with the proof-of-stake blockchain, the Beacon Chain, took place.
Following the merger, the most significant observation on Ethereum was the transition from a power-intensive Proof of Work (PoW) consensus mechanism to PoS, which significantly reduced the network's overall energy consumption.
He mentioned the developments in Ethereum's Single Slot Futures (SSF). The ultimate goal is to ensure that changes made to a blockchain block are immutable without burning at least 33% of the total ETH.
“The role of single-slot finality (SSF) in post-merger PoS development is becoming stronger. It is becoming clear that SSF is the easiest way to solve many of the current weaknesses of the Ethereum PoS design.
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This comes after Cointelegraph recently reported that Buterin wants to bring the first idea of a “cypherpunk” revolution to blockchain.
Cypherpunk refers to someone who uses encryption to ensure confidentiality when accessing a computer network, typically from government officials.
In a blog post, Buterin explained that Ethereum was initially envisioned as a “public decentralized shared hard drive” that uses peer-to-peer messaging and decentralized file storage.
However, in 2017, the vision began to fade as Ethereum turned to finance.
Buterin applications, zero-knowledge authentication, account abstraction, and second-generation privacy solutions are becoming more mainstream. He suggested that these might support some of the values associated with cypherpunk principles.
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