Ethereum
Vitalik Buterin addresses the main concerns of the Ethereum community
U.Today – Vitalik Buterin has published a new article describing upcoming improvements, focusing particularly on PeerDAS, the Verkle Tree transition, and the decentralized history storage methods proposed in EIP-4444.
The Ethereum founder highlighted the importance of decentralization, a key part of ETH’s unique development strategy. He also addressed issues such as maximum extractable value (MEV) and the balance between its minimization and quarantine.
The article was inspired by a series of tweets from longtime Geth lead developer Peter Szilagyi, who expressed his concerns regarding MEV.
Buterin noted that many of these concerns are already addressed by elements of the current protocol and that additional issues can be addressed through realistic adjustments to the current roadmap.
MEV
Two strategies treat VPD: minimization and quarantine. Minimizing MEV involves creating alternatives like Cowswap and using encrypted memory pools to reduce exploitable information.
MEV quarantining accepts MEV but limits its impact by separating the block proposal from the content selection. Validators focus on proposing blocks, while specialist builders choose block content via an auction protocol.
Buterin supports a mix of the two strategies, recognizing that MEV will not disappear completely and emphasizing the need to reduce potential damage caused by builders to maintain decentralization.
Decentralization
Buterin acknowledged concerns about centralization if responsibility for maintaining state and evidence were offloaded, suggesting an alternative: storing old history in a peer-to-peer network where each node holds a small portion of the data . This would ensure robustness with thousands of copies and potentially use erasure coding for increased reliability.
He emphasized that while Ethereum Layer 1 should support Layer 2 projects, it must maintain the scalability and unique properties that distinguish Ethereum, ensuring continued decentralization and security.
Third-party ad. This is not an offer or recommendation by Investing.com. View disclosure here Or
Remove advertising
.