According to its co-founder Vitalik Buterin, Ethereum needs to achieve some extent where its value proposition stays intact even when developers stop actively working on the protocol.
“We must get to a degree where Ethereum’s value proposition now not necessarily depends upon features not already built into the protocol,” Buterin said in a post to X on Monday.
He said Ethereum protocols ought to be like hammers: once purchased, they continue to be usable, unlike services that lose functionality when a provider leaves.
Source: Gabriel Shapiro
Although Ethereum still has an extended technical roadmap ahead of it, the network needs to achieve some extent where its core features are fully in place and developers can freeze if needed, Buterin said.
“We should strive to say as quickly as possible that the Ethereum protocol in its current form is cryptographically secure for 100 years,” he added.
Vitalik Buterin's seven areas for improvement
To achieve this, Buterin called for an entire quantum resilience solution to guard Ethereum from future cryptographic threats, while a scalable architecture, including Zero-Knowledge Ethereum Virtual Machines (ZK-EVM) and Peer Data Availability Sampling (PeerDAS), would enable Ethereum to process hundreds of transactions per second.
Buterin added that a typical account model for signature validation, a sturdy gas plan without security vulnerabilities, and a block formation model that may withstand centralization and censorship pressures are also critical to making sure Ethereum stands the test of time.
“We ought to be checking no less than considered one of these boxes yearly, ideally several,” to “maximize the technological and social robustness of Ethereum over the long run,” he said.
Last week, Buterin said that the implementation of ZK-EVM validation and PeerDAS solutions would help Ethereum achieve greater decentralization, consensus, and high bandwidth – making it higher in a position to solve the blockchain trilemma that has long forced projects to sacrifice one for the opposite.
The Splurge a part of Ethereum's technical roadmap goals to implement cryptographic solutions that make the network immune to quantum attacks. However, no solution has been fully implemented yet.
“Ideally, we will probably be doing the exertions over the subsequent few years to get to a degree where just about all future innovation in the long run can come from client optimization and be reflected through parameter changes within the protocol,” Buterin said.
Ethereum needs higher decentralized stablecoins
On Sunday, Buterin also argued that Ethereum needs more decentralized stablecoins to provide people greater independence from the normal economic system.
He proposed a stablecoin backed by a diversified basket of assets and currencies, relatively than relying solely on a currency just like the US dollar, in order that its stability doesn’t depend upon a single nation.
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