Vitalik Buterin Has Provided a Revised Plan for Ethereum in the Year 2024

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Last Updated on December 31, 2023 by Bitfinsider

The co-founder of Ethereum, Vitalik Buterin, has released an updated blockchain roadmap until 2024 that outlines the main goals for the ecosystem going ahead.

Strong proof-of-stake consensus for the Merge, a target of 100,000 transactions per second for Ethereum and its Layer 2 networks for the Surge, risk mitigation for MEV and liquid pooling for the Scourge, simpler block verification for the Purge, and everything else for the Splurge are among these priorities.

In a thread on X, Vitalik supported the development of single-slot finality (SSF) as “the easiest path to resolving a lot of the Ethereum [Proof of Stake] design’s current weaknesses” and noted the advancements achieved in Verkle tree implementations and L2 networks.

In addition, Vitalik explained how the Scourge priority has been realigned to combat Ethereum’s economic centralization in two major “theatres”: MEV and liquid stake pooling. Following the blockchain’s switch to a proof-of-stake consensus, worries about economic centralization in Ethereum have been raised by the expansion of the staking service Lido.

The basic objectives of the Ethereum ecosystem have not changed from last year’s blueprint, with the exception of a few minor tweaks. Although the modifications to the ecosystem are approximately prioritized, Vitalik declined to provide a timeframe for them.

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