BREAKING NEWS! Coin.fyi has been acquired by VC firm Morningstar Ventures. Read more

Ethereum
$3,100.76 -0.39%
ETH · 6w

Vitalik Buterin outlines ‘endgame’ roadmap for ETH 2.0

Ethereum co-founder Vitalik Buterin has outlined his vision for a “plausible roadmap” for Eth2, presenting a future where the largest smart-contract platform can increase its scalability while meeting high standards for trustlessness and censorship resistance. 

In a Monday post titled “Endgame,” Buterin presented a thought experiment for how the average big blockchain — defined by very high block frequency, high block size and thousands of transactions per second — can still be considered sufficiently trustless and censorship-resistant. The obvious trade-off for this level of scalability is the centralization of block production. Buterin’s solutions, as presented in the blog post, do not address the centralization issue, but still provide a roadmap for implementation.

With respect to the solutions, Buterin suggested “a second tier of staking, with low resource requirements,” to carry out distributed block validation; “introduce either fraud-proof or ZK-SNARKS to let users directly (and cheaply) check block validity” directly; and “introduce data availability sampling to let users check block availability [and] add secondary transaction channels to prevent censorship.”

With these updates, “We get a chain where block production is still centralized, but block validation is trustless and highly decentralized, and specialized anti-censorship magic prevents the block producers from censoring,” Buterin explained.

Related: Vitalik Buterin proposes calldata limit per block to lower ETH gas costs

Buterin said block production would remain centralized even with the implementation of so-called “rollups,” which are layer-two solutions that execute transactions outside of the main Ethereum chain. (Interestingly, Buterin presented a rollup-centric roadmap for Ethereum in October 2020).

“No single rollup succeeds at holding anywhere close to the majority of Ethereum activity. Instead, they all top out at a few hundred transactions p...

Continue on cointelegraph.com
Recent News
ETH -0.39% · coinsbench.com · 6h

ERC-20 tokens as dividends paying shares

I recently challenged myself to implement a dividend paying ERC20-token on Ethereum using solidity. I was working on a dapp that would also use the same ERC20-token for governance (more on that here)…
ETH -0.39% · atila.ca · 21h

Solana's Many Red Flags

The best way to start and get scholarships. Learn and share information about education, career and life.
ETH -0.39% · finchannel.com · 23h

Blockchain and AI – The Future of Data Processing

We are already living in a world with many AI-enabled uses. Artificial Intelligence is anticipated to disrupt industries as a whole. We have cars designed completely by AI, many factories are complete...