Vitalik Buterin explains the "ultimate" path to ETH 2.0.

ETHereum co-founder Vitalik Buterin describes his vision for a "reasonable path" for ETH 2.0. He said that in the future Ethereum, the largest contracting platform, could improve resilience in the face of uncertainty and denial.

In an article titled "Ultimate" published on Monday, Buterin reflected on how a huge blockchain with high block frequencies, high block sizes, and thousands of buys per second would still be so reliable and resistant to censorship. This level of scalability obviously requires a sacrifice, that is to say a step of centralization of bulk production. Buterin's solution in his blog post doesn't fix the problem in the middle, but also provides strategic planning.

For solutions, Buterin said, "Use second layer contract with lower capacity" for electrical block distribution, "Anti-fraud or ZK-SNARKS direct instruction to allow users to directly access blocks ( cheaper) " . . ";" Leave the data in the model allows the user to check the block and mount the second change to avoid inspection. "

With these innovations, "block making is still fundamental, but the implementation of blockchain is unreliable and has a huge impact, and there are creative chains to prevent the magic of censorship can prevent censorship." , explains Buterin Say.

Buterin said that even if the so-called "rollup" is used, blockchain production will remain in the middle. Rollup is the second layer to complement the external activity of the Ethereum keychain. Interestingly, Buterin is preparing a release guide for Ethereum in October 2020.

He says, "No stack can achieve performance close to most Ethereum operations. In other words, the maximum that it can perform is hundreds of operations per second. That's good. Because the competition can. favor distribution, but block production makes it difficult for primary.able extractable income from the mind, for example, the potential of MEV, decentralization will not be stable characteristic MEV, as the name suggests, means the cost the highest that can be achieved by making a blockchain in addition to the standard blockchain giveaway and GAS costs.

The Ethereum co-founders concluded that whatever network scalability is used, blockchain development will be the ultimate means. He said the benefit of Ethereum's roll-up-focused roadmap is that it is open to all futures.

"@ViktorBunin thinks Ethereum won't solve all human problems, but it's very well designed to get people to solve these problems together."

-Cointelegraph (@Cointelegraph) 24 avril 2021

Excitement around Ethereum has been on the rise since November 2020, when the first process began its long transition to proof of stake. The London hard fork, which was used in August this year, allowed ETH to turn it into a deflationary asset. The power curve introduced EIP-1559 with the aim of modifying the network value system. According to the Cointelegraph, more than a million ETHs have been destroyed since the EIP-1559 went into service.