econintersect.com
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
econintersect.com
No Result
View All Result
Home Econ Intersect News

Vitalik Buterin Highlights What He Is Bullish About For 2023

admin by admin
1월 2, 2023
in Econ Intersect News, Economics
0
Vitalik Buterin Highlights What He Is Bullish About For 2023
0
SHARES
0
VIEWS

Vitalik Buterin co-founder expects to reach a new milestone for rollups in 2023. The Ethereum co-founder has shared some bullishness for the year ahead, including reaching a new milestone for rollup scaling based on the Ethereum roadmap.

Vitalik Buterin Gives Lessons For Crypto After The FTX Collapse

The Ethereum developer also confirmed the rollout of the Ethereum Improvement Protocol (EIP) 4884 sometime in 2023, which had been eliminated as part of the forthcoming Shanghai upgrade package set for March.

Responding to a December 31 post from former chief technology officer of Coinbase, Balaji Srinivasan, aiming to know what users were bullish for, in 2023, Buterin stated that he was looking forward to reaching the “basic roll-up scaling” milestone as highlighted in the Ethereum roadmap.

Reaching the "basic rollup scaling" milestone in my roadmap diagram.

That means:

* EIP-4844 rolled out
* Rollups partially taking off training wheels, at least to "stage 1" as described here https://t.co/qNQonDQkzG pic.twitter.com/7HePctWw1l

— vitalik.eth (@VitalikButerin) December 31, 2022

He explained that this meant the unveiling and rollout of The Surge-related Ethereum Improvement Proposal (EIP)-4884. EIP-4884 was originally expected to get packaged in with Shanghai, introducing “proto-danksharding” to considerably boost layer-2 rollup scalability (The Surge) before the full implementation of the major Sharding upgrade late next year.

He also stated that this would mean that the rollups would be “partially taking off training wheels, at least to stage 1” referring to a November 22 post on the “Ethereum Magicians forum” that describes three stages of the “trust model” according to how mature a project’s tech was.

Stage 0, which Buterin likens to having “full training wheels” needs all transactions to be on-chain and offer users the ability to withdraw their assets without the operator.

Stage 1 or “limited training wheels” needs to have a transaction validation method such as a fraud-proof or validity-proof scheme to accept or reject which transactions are allowed by the smart contract, together with an overriding security council to oversee the process.

While stage 2, has “no training wheels” and needs to have two unique fraud provers, two unique validity provers, or one of each. Upgrades are authorized at this stage but need to have a delay of over 30 days.

Buy Bitcoin Now

In a separate Twitter post one day earlier on December 30, Vitalik Buterin also made some comments on what he thinks a “Good Crypto Future” might appear like. Buterin highlighted several areas of crypto that might need to be fixed, including privacy, scaling, user experience, and making user accounts more highly secure for average users than centralized services.

He also sees some payments and decentralized finance (DeFi) being a part of this future, and new organizational paradigms powered by decentralized autonomous organizations (DAOs).

Tags: businesscryptocrypto marketcryptocurrencyDAOsdecentralized autonomous organizationsdecentralized financeDeFiEIP 4884Ethereum Improvement Protocolinvestmentmarket analysisprice analysistechnologyVitalik Buterin
Previous Post

U.S. Judge Ruled Norwegian Cruise Line To Pay $110M For Using Cuban Port

Next Post

Brazil’s Petrobras To Play A Major Role In Refinery Expansion – New Energy Minister

Related Posts

Bitcoin Is Finally Trading Perfectly Like 'Digital Gold'
Economics

Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

by admin
6,746 ETH Valued At $12M Was Just Burned
Economics

6,746 ETH Valued At $12M Was Just Burned

by admin
Bitcoin Is Steady Above $29,000 Awaiting US NFP Figures
Economics

Bitcoin: What Next After Consolidation Ends?

by admin
US Government Offloads Another 8,200 Bitcoin – On-chain Data
Economics

US Government Offloads Another 8,200 Bitcoin – On-chain Data

by admin
Bitcoin Stumbles As Macro And Regulatory Concerns Arise, What Next?
Economics

Bitcoin Stumbles As Macro And Regulatory Concerns Arise, What Next?

by admin
Next Post
Brazil's Petrobras To Play A Major Role In Refinery Expansion - New Energy Minister

Brazil's Petrobras To Play A Major Role In Refinery Expansion - New Energy Minister

답글 남기기 응답 취소

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

© Copyright 2024 EconIntersect

No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자

© Copyright 2024 EconIntersect