ethereum founder Vitalik Buterin has shared the crypto project's roadmap for 2024. In a series of posts about On December 30, Buterin spoke at length about ethereum's game plan for the new year, which he says is quite similar to the plan for 2023, albeit with some changes.
ethereum Roadmap 2024
According to the information revealed by Buterin, ethereum's main focus for 2024 is centered on six key goals, namely Merge, Surge, Scourge, Verge, Purge, and Splurge.
ethereum Merge aims to create an ideal, simple, robust and decentralized proof-of-stake (PoS) network.
The merger occurred in September 2022 with the integration of the ethereum mainnet with the Beacon Chain, thus marking the end of the proof-of-work consensus algorithm. Speaking about post-merger improvements in 2024, Buterin stated that the single slot finality (SSF) mechanism presented the simplest method to remove current restrictions from ethereum's PoS design.
By popular demand, an updated roadmap diagram for 2023! pic.twitter.com/oxo58A2KuG
— vitalik.eth (@VitalikButerin) December 30, 2023
Regarding Surge, Buterin stated that there will be notable progress in expanding buildups with significant developments both in EIP 4844 and within various buildups. Additionally, there will be a focus on long-term improvement in cross-accumulation standards and interoperability, all of which will drive ethereum to achieve the goal of processing over 100,000 transactions per second.
The ethereum co-founder also highlighted that Scourge's goal has been refocused to address economic centralization in two key areas, namely MEV and staking/liquid pooling. Furthermore, Buterin stated that there will be significant progress in achieving Verge with the upcoming introduction of verkle trees, which will contribute to easy verification of blocks on the ethereum network.
Buterin faces accusations from former ethereum Foundation advisor
In other news, Buterin has been accused of “defrauding the world” by former ethereum Foundation advisor Steven Nerayoff. This the statement came response to Buterin's concerns about the perversion of the original vision of Web 3.
In a December 28 blog post, the ethereum founder shared that the blockchain project was initially designed to function as a decentralized, shared hard drive. However, users have since deviated from the vision and focused more on ethereum's financial applications.
Nerayoff responded to Buterin's claims, stating that the ethereum co-founder, along with “his clique,” are responsible for the perversion of the “Web 3 vision,” which they used to “defraud the world.” So far, there has been no response to these accusations.
At the time of writing, ethereumethereum/” target=”_blank” rel=”noopener nofollow”> trade winds to $2,285.41 with a drop of 0.81 in the last day. Meanwhile, the token's daily trading volume has decreased by 36.68% and is valued at $6.84 billion.
eth trading at $2,285.41 on the daily chart | Source: ETHUSDT chart on Tradingview.com
Featured Image by Forbes, Chart by Tradingview
