Vitalik Buterin Reveals Ethereum's 2024 Plans

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3 Jan 2024
16

Image : Ethereum Source:Photo by Vitalii Mazur on Unsplash

The founder of Ethereum, Vitalik Buterin, has shared the Ethereum roadmap for 2024 and acknowledged that there are only a few changes compared to the previous year.


Vitalik Buterin Explains the Role of SSF in Ethereum's PoS

Buterin stated that the role of Single Slot Finality (SSF) is the most direct approach to addressing most of the shortcomings in Ethereum's PoS design.

The Merge is highlighted as a key element in the plan with the aim of maintaining a simple and robust proof-of-stake (PoS) consensus.

Buterin also noted developments in Ethereum's Single Slot Finality (SSF). Finality aims to ensure that changes to the blockchain block are irreversible without burning at least 33% of the total staked ETH.
image:ingle slot finality (SSF) Source: VitalikButerin

"The role of Single Slot Finality (SSF) in post-Merge PoS improvement is becoming more solid. It is increasingly clear that SSF is the easiest way to address most of the current shortcomings in Ethereum's PoS design," expressed Buterin.
Additionally, Buterin also mentioned the term cypherpunk. Cypherpunk refers to the use of encryption to ensure privacy when accessing computer networks.

Buterin highlighted that rollups, zero knowledge, and account abstraction can support certain values associated with cypherpunk principles.

*Disclaimer:

This content aims to enrich reader information. Always conduct independent research and use disposable income before investing. All buying, selling, and crypto asset investment activities are the reader's responsibility.

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