Today, the co-founder of Ethereum Vitalik Buterin announced a new version of the Ethereum development roadmap on Twitter.
In the new roadmap, there will be major changes including:
In addition, each category has more specific milestones. As a necessary part of the final agreement, the role of quantum proofs will become clearer.
The newly updated Ethereum roadmap details six phases to improve network performance and scalability: The Merge, the Surge, The Scourge, The Verge, The Purge, and The Splurge. It is important to note that the Ethereum network began its Consolidation phase in September after it merged the previous Proof-of-Work (PoW) blockchain with the newly built Proof-of-Stake (PoS) network.
Ethereum’s MEV problems involve the use of bots to clamp and mine transactions on the network, and often lead to congestion and high network fees. The developer community will now dedicate a network upgrade period to addressing the challenge.
Meanwhile, the fourth phase – The Verge – will now focus on making block verification easier on the Ethereum mainnet and other scalability solutions. Ultimately, “The Purge” and “The Splurge” will revolve around optimizing for existing infrastructure and ultimately perfecting the push for Ethereum to become mainstream.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Foxy
CoinCu News
Discover the best cryptos to buy and hold today: Qubetics leads with 1000x potential, Ethereum…
With the platform facing a cracked whip, Trump Media company is expanding into new business…
Major crypto firms, including Ripple, Kraken, and Circle, are competing for spots on President-elect Donald…
Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…
SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…
The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…
This website uses cookies.