- Vitalik Buterin talks about streamlining Ethereum PoS for efficiency and reduced network load.
- He suggests cutting validator signatures to enhance Ethereum’s performance.
- He proposed changes to ensure manageable signature loads for Ethereum’s evolving protocol.
In a bid to streamline Ethereum’s proof-of-stake (PoS) consensus, co-founder Vitalik Buterin has put forth a proposal on December 28. The aim is to significantly simplify and lighten the network’s load by reducing the number of validator signatures.
Read CRYPTONEWSLAND on
google news
Ethereum currently supports an extensive 895,000 validators for decentralization, but this comes with technical challenges, requiring the processing of around 28,000 signatures per slot—a heavy load on the network.
Buterin’s proposal suggests a move to a more moderate solution with approximately 8,192 signatures per slot, down from the current 28,000. This adjustment would bring technical simplification, enhance quantum resistance, and maintain a significant total slashable ETH at approximately 1-2 million ETH, crucial for enforcing good validator behavior through slashing mechanisms.
The Ethereum co-founder outlined three potential approaches: reliance on decentralized staking pools, a two-tiered system with “heavy” and “light” staking, and rotating participation with accountable committees. These solutions aim to reduce the digital signature load to a manageable level while addressing the current minimum requirement of 32 ETH to become a validator, making it more accessible.
The proposed changes not only enhance technical aspects but also set a predictable path for the future signature load of the Ethereum protocol. By making it more manageable, Buterin believes it will simplify protocol and infrastructure development, allowing for potential adjustments through hard forks when technology improves sufficiently.
Vitalik Buterin had previously warned against overloading Ethereum’s consensus layer, emphasizing the importance of maintaining the core functions of validating blocks and securing the network without unnecessary strain. The proposed enhancements align with his vision of ensuring Ethereum’s efficiency and effectiveness in the evolving blockchain landscape.
Read Also
disclaimer read moreCrypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
