Posts

Showing posts with the label overhaul

Vitalik Buterin unveils major overhaul of Ethereum staking to enhance decentralization

Image
Vitalik Buterin plans to overhaul ETH staking and has outlined the progression of Ethereum’s roadmap, particularly focusing on the forthcoming Dencun update. In a recent interview with the NFT platform Defiant while in Turkey, Ethereum’s co-founder Vitalik Buterin addressed the issue of staking centralization in the Ethereum network. Buterin underscored the importance of reforming Ethereum’s staking process to support more effective mining and staking pools, with the ultimate goal of boosting the platform’s de centralization . The initiative is a response to the challenges of data availability in off-chain systems, which have been sluggish due to high demands in the short and medium term. You might also like: Vitalik Buterin publishes article discussing dimensions of connectedness to Ethereum Vitalik Buterin outlines Ethereum’s roadmap ahead Buterin highlighted the upcoming Ethereum Improvement Proposal (EIP) 4844, known as Dankshard...