1.1M @coinbureau 🚨VITALIK JUST UNVEILED ETHEREUM'S 3-YEAR TRANSFORMATION PLAN
Vitalik Buterin unveiled "Lean Ethereum," a multi-year roadmap to fundamentally overhaul Ethereum with native STARK verification, quantum-resistant cryptography, higher gas limits, and over 10x LOWER transaction costs for certain applications.
The roadmap marks Ethereum's most ambitious overhaul since the Merge, with upgrades rolling out over the next 3-4 years.
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551.4K @ThuanCapital Vitalik Buterin announced the top priorities in the new Lean Ethereum roadmap
Vitalik Buterin said Ethereum will prioritize three major issues in the coming years: quantum computer resistance, scaling, and privacy protection. This series of upgrades is expected to span three to four years and is likened to the 2022 Merge event. Ethereum is also considering building a new type of virtual machine to better support privacy and scalability.
The information was released as the Ethereum Foundation had just reduced staff by 20 percent and several senior leaders have recently departed. Some experts think the three- to four-year timeframe is too slow and could be shortened with artificial intelligence. Another analyst noted that the roadmap lacks solutions to improve Ether's economic model, and the token continues to decline in a gloomy market.
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161.0K @DefiIgnas 161.0K @DefiIgnas Bullish for $ETH... if only the EF shipped on time.
The Merge was 'six months away' for about four years, so worth price in delays.
But this path is super sexy as it addresses all (except one) key feedback:
L1 takes execution back from L2s, privacy, quantum resistance and finality in seconds.
The missing part is perhaps $ETH tokenomics... although non-issue if reduced fees attract more txs/users. Big IF.
Most exciting parts come in 2028+ and Finality by 2029.
If bear market continues for longer, buying ETH dips is seductive but each delay is bearish for ETH as competitors like Tempo, Canton etc. are coming after Ethereum's RWA/institutional adoption lunch.
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Ethereum (ETH) is a decentralized platform that runs smart contracts, defined as applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk. The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.
