Thu, December 19

Vitalik Buterin Dispensed Updated Ethereum Roadmap Featuring “The Scourge”

Vitalik Buterin Dispensed Updated Ethereum Roadmap Featuring “The Scourge” Ethereum News
  •  Each category has its own set of goals.
  • Vitalik Buterin’s The Scourge phase seeks to address MEV concerns.

Vitalik Buterin, the co-founder of Ethereum, released an updated Ethereum roadmap on Saturday. After the Merge, the following phases are Surge, Scourge, Verge, Purge, and Splurge. The Ethereum roadmap now includes a new phase named “The Scourge,” which focuses on assuring trustworthy and credible transaction inclusion. It also aims to address the issues of centralization and censorship that arose during the Merge by switching to proof-of-stake.

The Scourge Phase to Fix MEV Issues

The Verge will introduce verkle trees, which contain a bigger amount of data in a smaller proof, allowing for smaller node size. The phase now includes verification to make confirming blocks using SNARKs even easier. Each category has its own set of goals. The involvement of quantum proofs will be more evident as a required feature of the endgame protocol.

Vitalik Buterin‘s The Scourge phase seeks to address MEV concerns. Buterin has even proposed “partial block auctions” to minimize Ethereum censorship. He believes that “partial block auctions” can decentralize block manufacturing, limiting the power of builders. Furthermore, using a non-censoring MEV-Boost relay ensures Ethereum’s neutrality.

At the time of writing the price of Ethereum is $1,644.04, with a 24-hour trading volume of $19,919,157,257. In the previous 24 hours, Ethereum has gained 3.58% as per CoinMarketCap.

Journalism graduate who loves to write and Karate. And I love exploring new concepts and that brought me into the fascinating crypto and blockchain technology…