Ethereum co-founder Vitalik Buterin recently said: spoke We will focus on Ethereum's transition to proof-of-stake (PoS) and discuss the platform's progress and future developments.
Ethereum’s co-founder pointed out that the “merge,” the transition from proof-of-work (PoW) to proof-of-stake (PoS), was one of the most important moments in Ethereum’s history. .
After two years, PoS has proven to be stable and effective in terms of security and decentralization. However, some areas still require improvement.
Vitalik shared his roadmap for 2023, highlighting the challenges ahead with technical improvements (such as strengthening system stability and accessibility for small-scale validators) and economic changes (aimed at further reducing centralization risks). I shared it in two categories. In this update, we will focus on the technical aspects of Ethereum PoS and how they can be improved.
One of the biggest challenges, he says, is reducing the time needed to complete a block. Currently, it takes approximately 15 minutes to fully complete a block and requires 32 ETH to become a validator.
Vitalik stated the goal of lowering the minimum ETH required for staking to 1 ETH and reducing block finalization time to 12 seconds or less. This makes Ethereum more accessible and increases transaction speeds for users.
To achieve these goals, certain obstacles must be addressed. Faster finalization and lower staking requirements can increase the workload for validators.
Vitalik points to recent research that could help overcome this problem, including the use of advanced signature aggregation techniques and the formation of a task force of validators to handle the finalization process more efficiently. I emphasized.
ICYMI: Vitalik Buterin is sounding the alarm. AI may soon overtake humans and become the top species.
Another challenge Vitalik mentioned in his blog is increasing security. Now, attackers can target validators by knowing in advance who will propose the next block.
To address this, Vitalik proposed a “secret leader election” system where the identity of the block proponent remains hidden until the block is created. This prevents attacks against a particular validator before it proposes a block.
Overall, he noted that while Ethereum's transition to PoS has been successful, there is still much room for improvement, including faster finality, easier staking, and stronger network security against attacks. .
