Vitalik Buterin Outlines Ethereum’s Priorities After Merge

HomeEthereum
Share this article
Subscribe for weekly updates
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Vitalik Buterin; Photo Source: Forbes

In Buterin's statement, “I think there are two big priorities. One of the priorities is to get scaling figured out.

Ethereum (ETH) founder Vitalik Buterin has stated that the leading smart contract platform must continue to strive for long-term sustainability. 

This comes after Ethereum completed its long-awaited Merge upgrade. The Ethereum network now uses the Proof-of-Stake (PoS) consensus mechanism rather than the much more energy-intensive Proof-of-Work (PoW). This successful upgrade was dubbed "a big moment for the Ethereum ecosystem" by Vitalik.

However, in a Bankless podcast interview, Vitalik stated that the Ethereum community has two major priorities following the successful transition to Proof-of-Stake.

He said Ethereum still needs to figure out scaling and transition to stability instead of being in a rapid development mode. 

According to Buterin, 

“I think there are two big priorities. One of the priorities is to get scaling figured out. And I mean that at all layers of the ecosystem, like getting the Ethereum protocol fully roll-up ready, which includes things like prototank sharding, getting roll-ups themselves to be fully ready for users, getting applications on top of them, getting good bridge infrastructure between them, getting all the wallets to support them… Not just helping the transition to a fully roll-up-centric Ethereum complete.

He further added,

Then, the other one is a transition from Ethereum being in rapid developing fire fighting mode to Ethereum being in stability mode. I think it’s a transition that has to happen, and I do think that, to some extent, it’s an inevitable transition because as the ecosystem grows, the cost of changing things increases, and then there starts being all these regulatory concerns and lots of existing stakeholders….”

Buterin believes that now that the Merge is complete, Ethereum developers will no longer have to rush through major protocol changes and that the community will become more "pragmatic" in the near future. However, he maintains that there is a limited amount of time to complete all of the desired changes to the Ethereum blockchain.

Written by
Chiagoziem Bede Ikwueze

In Buterin's statement, “I think there are two big priorities. One of the priorities is to get scaling figured out.

Ethereum (ETH) founder Vitalik Buterin has stated that the leading smart contract platform must continue to strive for long-term sustainability. 

This comes after Ethereum completed its long-awaited Merge upgrade. The Ethereum network now uses the Proof-of-Stake (PoS) consensus mechanism rather than the much more energy-intensive Proof-of-Work (PoW). This successful upgrade was dubbed "a big moment for the Ethereum ecosystem" by Vitalik.

However, in a Bankless podcast interview, Vitalik stated that the Ethereum community has two major priorities following the successful transition to Proof-of-Stake.

He said Ethereum still needs to figure out scaling and transition to stability instead of being in a rapid development mode. 

According to Buterin, 

“I think there are two big priorities. One of the priorities is to get scaling figured out. And I mean that at all layers of the ecosystem, like getting the Ethereum protocol fully roll-up ready, which includes things like prototank sharding, getting roll-ups themselves to be fully ready for users, getting applications on top of them, getting good bridge infrastructure between them, getting all the wallets to support them… Not just helping the transition to a fully roll-up-centric Ethereum complete.

He further added,

Then, the other one is a transition from Ethereum being in rapid developing fire fighting mode to Ethereum being in stability mode. I think it’s a transition that has to happen, and I do think that, to some extent, it’s an inevitable transition because as the ecosystem grows, the cost of changing things increases, and then there starts being all these regulatory concerns and lots of existing stakeholders….”

Buterin believes that now that the Merge is complete, Ethereum developers will no longer have to rush through major protocol changes and that the community will become more "pragmatic" in the near future. However, he maintains that there is a limited amount of time to complete all of the desired changes to the Ethereum blockchain.

Written by
Chiagoziem Bede Ikwueze