Co-founder of the Ethereum ecosystem Vitalik Buterin shared plans for transforming the blockchain, aimed at simplifying the infrastructure. According to him, new technologies such as the virtual machine and consensus mechanism are expected to significantly improve the scalability and overall efficiency of the network.
This is reported by Finway
Key Changes in Infrastructure
Buterin emphasized that one of the most significant changes will be the implementation of a new virtual machine, likely based on RISC-V. This will allow for backward compatibility with current contracts through specialized compilers that operate similarly to Apple’s Rosetta technology.
“Complexity often becomes a barrier to development. We strive for simplicity, like in Bitcoin, so that more people can understand and develop the protocol.”
Replacing the existing Ethereum Virtual Machine (EVM) with a new, simpler, and more efficient one could lead to a 100-fold increase in the performance of smart contract execution. This significant improvement aims to strengthen Ethereum’s status as a global financial and information ledger.
New Consensus Mechanism and Other Initiatives
Changing the consensus model through the new “3-slot finality” mechanism will help avoid complex epoch and slot structures, reducing the amount of code critical for consensus and making verification safer and more transparent.
Additionally, the Ethereum team plans to integrate serialization protocols, Merkle trees, and data erasure codes into unified systems to reduce duplication and enhance efficiency. This will simplify the entire technology stack, decrease the number of errors, and lower barriers for new developers.
Buterin emphasizes that simplicity will become a new value for Ethereum, comparing it to decentralization:
“We should choose simpler solutions where possible and implement encapsulated complexity rather than systemic complexity. This is the path to a truly reliable protocol.”
These initiatives are part of the strategic direction of the Ethereum Foundation, which aims to ensure sustainability, decentralization, and the popularization of Ethereum’s use.