Jonathan.ETH

[Jonathan.ETH @jomismatic]

@n4n084191635 Where did you get these stats?

[Bankless @Bankless]

Vitalik wrote about the 4 possible intersections of AI + crypto

Here's the ELI5 Summary

A THREAD 🧵

[Jonathan.ETH @jomismatic]

@stats_feed @GonzaloLira1968

[Stacy Muur @stacy_muur]

Ethereum: The Endgame Path.

The Merge has introduced liquid staking and LSTfi, which have brought substantial gains to early adopters.

But what else lies ahead?

I have analyzed the Ethereum roadmap to identify the upgrades that will shape Web3 in the years to come ↓

❯ The Merge: Transitioning Ethereum's consensus mechanism from PoW to PoS.

• Reduced energy consumption;

• Lower net issuance of ETH;

• Reduced block times (13.3s → 12s);

• Improved crypto-economic security;

• Stronger finality;

• Introduction of yield;

• Distributed Validator Technology (DVT) → better decentralization;

• Secret leader election → improved security;

• Single slot finality → reduceing Ethereum's block finality time to just one slot, down from the current 64 to 95 slots (roughly 15 minutes).

❯ The Surge: Scalability improvements, starting with the introduction of Proto-Danksharding. This ensures sufficient Data Availability for rollup networks.

• Proto-Danksharding – PDS – EIP-4844 → minimizing the operational expenses associated with rollups;

• Introduction of blobs;

• Data availability sampling → this allows node validators, including light clients, to validate the availability of data without having to download the entire data blob;

• KZG commitments → affirming the integrity of the original data.

❯ The Scrouge: Upgrades that prioritize censorship resistance, decentralization, and address protocol risks related to MEV.

• Proposer-Builder separation → combating the centralizing force of MEV;

• Identifying ways for the more equitable distribution of MEV;

• Burning MEV, redirecting its value to all ETH holders rather than exclusively benefiting ETH stakers.

❯ The Verge: Introduction of statelessness by transitioning from Merkle Trees to Verkle Trees, enabling easier block verification.

• Eliminating the need for validator nodes to keep a full copy of Ethereum's state;

• Simplifying the process of block validation;

• The adoption of weak statelessness;

• Verkle Trees → efficiency in generating smaller proof sizes.

❯ The Purge: Simplification of the protocol by reducing historical data storage and eliminating technical debt.

• History expiry (EIP-4444);
• State expiry.

❯ The Splurge: Upgrades that encompass various improvements not covered in the previous categories, such as Account Abstraction, Verifiable Delay Functions, and enhancements to the EVM.

• Account Abstraction (ERC-4337) → improved user experiences, batch transactions, enhanced security, automated transactions, flexible gas payments.

• Token Bound Accounts (ERC-6551);

• Multidimensional EIP-1559 → enhancing gas market efficiency through the partitioning of costs associated with the specific resources consumed by Ethereum transactions;

• Verifiable Delay Functions → a more robust source of randomness.

***

The future of Ethereum is bright, decentralized, and scalable.

This summary is based on the recent @BinanceResearch repot "Ethereum: Beyond the Merge" by Moulik Nagesh.

[Jonathan.ETH @jomismatic]

@laprimapaola E se fossi pre-venuto a riguardo?

[Jonathan.ETH @jomismatic]

@SainiMatteo @binance https://t.co/TDyKFgcCe2

[Jonathan.ETH @jomismatic]

@SainiMatteo @binance Ciao, se ti interessa trovi su telegram il gruppo hegic in italiano