Vitalik Buterin talks about possible upgrades to Ethereum

Vitalik Buterin, co-founder of Ethereum, recently shared his views on possible changes to the Ethereum protocol. The intention? Reduce centralization and ensure a more decentralized and secure future for the platform.

At the heart of his analysis is the question: to what extent should Ethereum incorporate new features into its protocol? He highlights that a balance is essential between adding new features directly into the protocol and allowing these to be managed in other layers of the crypto ecosystem.

One of the features that gained prominence in Buterin’s post was the ERC-4337 account abstraction protocol. He argues strongly in favor of its integration into the Ethereum code. At the same time, he presents his aversion to private mempools – a holding area for transactions not yet processed on the blockchain.

Another critical point discussed by Buterin is net staking. Currently, Lido, an important player in this segment, controls more than 32% of the Ethereum staked. And although this share is divided between different validators, the concentration on net staking providers has generated unrest. For Vitalik, this centralization in a few hands could be problematic for the ecosystem.

To resolve this situation, the co-founder suggests possible modifications to the Ethereum protocol. Some of the proposed solutions include adopting similar methods to net staking provider RocketPool or granting more governance powers to a diverse, random group of small investors.

Concluding his analysis, Buterin emphasizes that the road ahead is complex and that Ethereum’s evolution will continue over time. He firmly believes in keeping the dialogue open, inviting the community to actively participate in decisions that will shape the future of the currency.

Disclaimer:

The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.