V God’s speech at ETH CC Summary: Ethereum Merge is just the beginning, the next step will be Surge

Fashionista Vitalik brought his new bag to Paris, the fashion capital, to present at ETH CC and give a speech.

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Buterin said Bitcoin advocates believe Bitcoin is 80% complete, but Ethereum supporters believe Ethereum is only 40% complete, and after the merger is expected to be completed in September this year, Ethereum will still be only about 55% complete. %.

Merge is just a small step in the development of Ethereum , followed by Surge, Verge, purge and splurge. In short, Ethereum is still very early, and the big move is not finished.

The following is the PPT summary of V God’s speech, the picture comes from Biconomy CTO:

Merge is not the final destination of Ethereum, the development path is:

Merge => Surge => Verge

Merge is about moving from POW to POS;

Surge is about introducing sharding;

The Verge is about Verkle trees to help optimize storage on Ethereum and help reduce node size.

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 We are at a stage where the capabilities of Ethereum are becoming more powerful through rapid changes in the protocol.

But eventually we will stop making rapid changes to the protocol and use systems like L2 to add more functionality to the Ethereum ecosystem.

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L1 is for safety and reliability, L2 is for fast iteration and execution.

Escape velocity theory : Once L1 is strong enough, L2 can do the rest.

Developers need a break, and new features take time to eliminate and reduce risk. (So, that’s the reason for the slow progress?)

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We need, short-term pain, long-term gain

SELFSESTRUCT is prohibited

EIP-4444 : Clients MUST stop serving historical headers, bodies, and receipts at the p2p layer for more than a year.

Switch to verkle tree (store more data in less space)

This probably means no backward compatibility.

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These are what vitalik is afraid to do:

  • Add support for multiple virtual machines and increase the complexity of consensus;
  • Solve base layer SNARKS instead of waiting for better circuit design;
  • Made Ethereum so complex that only its developers could understand its design.

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Where should the focus be?

  • Easy-to-use light clients, so anyone can run them;
  • Make it easy for everyone to stake in Ethereum through a smaller decentralized stake pool;
  • Run full nodes on lighter hardware.

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Long-term goals:

  • Make Ethereum quantum resistant so you don’t just run a quantum computer to generate someone else’s private key;
  • If zkEVM works well, then making txn space in base layer makes the cost of scrolling much lower;
  • Looking for stronger cryptography;
  • Finally, keep an open mind!

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Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/v-gods-speech-at-eth-cc-summary-ethereum-merge-is-just-the-beginning-the-next-step-will-be-surge/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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