Vitalik Buterin outlines the ‘Endgame’ roadmap for Ethereum 2.0

Ethereum co-founder Vitalik Buterin has outlined a vision of a “sensible roadmap” for Eth2 that represents a future in which the largest smart contract platform can increase scalability while meeting the requirements, high standards of trustlessness and censorship resistance.

In one post On Monday, Buterin presented a fantasy test entitled “Endgame”, showing how an average blockchain – defined by very high block frequencies, large block sizes and thousands of transactions per second – can still be viewed as trustworthy and censorship-resistant.

The obvious tradeoff for this scalability is centralizing the block production. Buterin’s solutions, as presented in the blog post, do not solve the problem of centralization, but still provide a roadmap for implementation.

In terms of solutions, Buterin suggests “Level II staking with low resource requirements” to implement distributed block validation; “Introducing an anti-cheat function or ZK-SNARKS so that users can check the block validity directly”; and “Introduction to data availability tests so that users can test block availability” [và] add secondary transaction channels to prevent censorship. “

“With these updates, we get a chain that still centralizes block production while validating trustworthy and highly decentralized blocks, and special anti-censorship magic that keeps block producers from censoring,” Buterin explained.

The creator of Ethereum says block production will remain centralized even with the introduction of rollups, which are Layer 2 solutions that execute transactions outside of Ethereum’s main chain. (At the beginning of October 2020, Buterin presented a roll-up-focused roadmap for Ethereum).

“None of the roll-ups have successfully stayed close to the majority of Ethereum’s activity. Instead, they all achieve a few hundred transactions per second. “

While rollup could likely contribute to distributed block production, decentralization might not last due to the ability to achieve maximum extractable revenue across multiple domains (MEV). MEV refers to the maximum value that can be earned from block production that exceeds the standard block reward and gas fees.

Buterin concluded that there is a high likelihood that block production will continue to be centralized, regardless of the path to network scalability. The benefit of the Mind Rollup Roadmap for Ethereum is that it opens the door to all future opportunities.

The excitement about Ethereum has been growing since November 2020 when the protocol began its long transition to Proof of Stake (PoS). The much anticipated London hard fork that puts ETH on the path to becoming a deflationary asset was carried out this August. With the hard fork, EIP-1559 was introduced, which aims to improve the network’s fee market.

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