Vitalik Buterin Eyes Simpler Ethereum with Line Limits and Bitcoin Principles
The post Vitalik Buterin Eyes Simpler Ethereum with Line Limits and Bitcoin Principles appeared on BitcoinEthereumNews.com.
Vitalik Buterin has pointed out core issues that are pulling Ethereum down, and he has identified Bitcoin has a blueprint to solve these complexities. Vitalik is addressing simplifying the execution and consensus layers and developing a backward compatibility strategy for VM transitions. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, currently valued at $220 billion with a price of $1,824, is the benchmark many blockchains aspire to. But it’s far from perfect. In a recent post titled “Simplifying the L1,” Ethereum co-founder Vitalik Buterin shared a vision for the platform’s future. Over the next five years, Buterin believes Ethereum should make a conscious effort to simplify its core Layer 1 protocol. His goal: make Ethereum leaner, easier to understand, and more resilient, qualities that have helped Bitcoin stand the test of time. Vitalik draws inspiration from Bitcoin’s (BTC) design, calling it “beautifully simple.” He breaks it down, “There is a chain, which is made up of a series of blocks. Each block is connected to the previous block by a hash. Each block’s validity is verified by proof of work. Each block contains transactions. Transactions spend coins that were either created through the mining process, or outputted by previous transactions. And that’s pretty much it.” Ethereum, by contrast, has historically taken a more feature-rich, experimental route, often adding complexity for marginal gains. Setting Limits on Complexity One radical idea Vitalik proposes is to set a maximum line-of-code limit for Ethereum’s protocol. This would help keep the system lean and easier to understand, audit, and maintain. Ethereum’s current consensus system, the Beacon Chain, is powerful, but complicated. Buterin suggests replacing it with a streamlined alternative that he says could be much simpler. He outlines a new approach built on years of research and experience. The 3-Slot Finality Redesign is a method…
Filed under: News - @ May 4, 2025 6:27 pm