The co-founder of Ethereum, Vitalik Buterin, expressed optimism for the coming year, noting that rollup scaling had achieved a new benchmark with the Ethereum roadmap.
The Ethereum developer also announced that the Ethereum Improvement Protocol (EIP) 4884, which was dropped from the forthcoming Shanghai update package scheduled for March, will be reintroduced at some point in 2023.
Balaji Srinivasan, the former chief technology officer of Coinbase, asked people what they were bullish about in 2023 in a post on December 31. In response, Buterin stated he was looking forward to achieving the “basic rollup scaling” milestone as specified in the Ethereum roadmap.
Reaching the “basic rollup scaling” milestone in my roadmap diagram.
* EIP-4844 rolled out
* Rollups partially taking off training wheels, at least to “stage 1” as described here https://t.co/qNQonDQkzG pic.twitter.com/7HePctWw1l — vitalik.eth (@VitalikButerin) December 31, 2022
He explained that this meant the release of The Surge-related Ethereum Improvement Proposal (EIP)-4884.
EIP-4884 was initially expected to be packaged with Shanghai, introducing “proto-danksharding” to significantly improve layer-2 rollup scalability (The Surge) ahead of the full implementation of the major Sharding upgrade late next year.
He also stated that rollups would be “partially taking off training wheels, at least to stage 1,” referring to a Nov. 22 post on the “Ethereum Magicians forum” that described three stages of “trust model” based on how mature a project’s technology was.
Stage 0, which Buterin compares to having “full training wheels,” requires all transactions to be on-chain and users to be able to withdraw their assets without the operator.
Stage 1 or “limited training wheels” must include a transaction verification method, such as a fraud proof or validity proof scheme, as well as an overriding security council to oversee the process.
In contrast, stage 2 has “no training wheels” and requires two distinct fraud provers, two distinct validity provers, or one of each. Upgrades are permitted at this stage, but must be completed within 30 days.
Buterin provided some thoughts on what he believes a “Good Crypto Future” would look like in a different Twitter tweet one day earlier on December 30.
Buterin identified various areas of crypto that would need to be solved, including scaling, privacy, user experience, and making user accounts more secure for normal consumers than centralized systems.
He also sees payments and decentralized finance (DeFi) as part of the future, as well as new organizational paradigms powered by decentralized autonomous organizations (DAOs).
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