Ethereum co-founder Vitalik Buterin recently shared details on the upcoming phases of Ethereum's simplification efforts, termed "The Purge," via X. This initiative aims to streamline the Ethereum protocol by reducing historical data storage requirements, alleviating the strain on node operators' hard drives, and addressing technical debt associated with the protocol.
In essence, "The Purge" project seeks to slim down Ethereum and tackle accumulated technical challenges. Buterin's announcement suggests the existence of additional Ethereum Improvement Proposals (EIPs) aligning with the goal of simplification.
Implementation of Ethereum Improvement Protocol (EIP)-6780 during the Dencun hard fork was highlighted in Buterin's report. This EIP significantly simplified the Ethereum protocol by refining the "SELFDESTRUCT" code functions and bolstering security measures. Notably, one significant change post-EIP-6780 is the introduction of a maximum number of storage slots editable in a single block, enhancing network security and efficiency.
Source: Vitalik Buterin
Under "The Purge," comprehensive cleanup efforts within the Geth Ethereum client aim to remove redundant code post the Proof-of-Work (PoW) to Proof-of-Stake (PoS) transition. Recent Ethereum Improvement Proposals have also contributed to streamlining how empty accounts are managed, enhancing overall code efficiency.
Furthermore, EIP-4444, introduced during the Dencun upgrade, introduces the concept of "blobs" for specific data storage, reducing long-term storage requirements, and proposing the automatic removal of older blocks after a designated time, further optimizing storage needs.
Buterin stressed that "The Purge" would bolster Ethereum's node decentralization by more effectively distributing historical data across the network. While not all nodes would store complete historical data, solutions like block explorers and decentralized peer-to-peer networks are explored to ensure accessibility.
Additionally, plans under "The Purge" include evaluating and optimizing precompiled Ethereum contracts and introducing SimpleSerialize (SSZ), a new data structure to replace the current block structure, simplifying data usage and development processes.
Recently, Buterin updated the Ethereum roadmap, emphasizing progress in Surge (rollup scaling) initiatives and the need for long-term improvements in cross-rollup standards and interoperability.
However, Buterin expressed concerns regarding overly complex Layer 2 scaling solutions in blockchain ecosystems, highlighting potential risks associated with critical bugs and security vulnerabilities. He advocated for a balanced approach, suggesting enhancing Layer 1 networks with sophisticated features to ease the burden on Layer 2 networks, thereby reducing complexity and enhancing system reliability.
Hamster Kombat is causing a surge in massage gun sales in Russia, as players use them to enhance screen tapping. The game is also facing criticism for its social pressure tactics to grow its user base.
KikyoSouth Korea is delaying its cryptocurrency gains tax until 2028 amid market concerns and investor backlash, aiming to stabilize its vibrant but volatile crypto market. The decision reflects worries over potential market destabilization and aims to develop a more sustainable tax framework for the future.
Weatherly
AlexAlexRevolon, a Web3 dystopian racing game, features players as underdogs fighting for survival. The IDO week runs from 18 to 24 July, ending with the TGE on 25 July. Will Revolon lead the Web3 racing realm or fall behind?
CatherineUXLINK is a pioneering social platform leveraging Web3, rewarding users for genuine social interactions through its POL system and offering $UXUY tokens for engagement and governance. With over 15 million users globally and $15 million in funding, UXLINK aims to redefine social media by prioritising meaningful connections over traditional advertising.
AnaisMeet Telegram’s DOGS, designed to capture the platform's culture. Launched this month, DOGS has gained over 17M holders and is pre-trading on Bitget. With a backstory linked to Telegram CEO Pavel Durov, how did this callously drawn dog mascot become so popular?
KikyoNotcoin has risen as a leading force in Web3 gaming, surpassing giants like Bitcoin and Ether in global regions and pioneering Play-to-Earn (P2E) projects on the TON blockchain. Its strategic partnerships, massive community airdrops, and focus on sustainable growth underline its potential impact on the future of crypto gaming.
JoyScroll, a zkEVM-based zkRollup on Ethereum, recently completed its Curie upgrade, significantly reducing gas fees. As a highly anticipated ZK-rollup project, Scroll has hinted at an "incentive network" to encourage participation, suggesting a potential airdrop.
CatherineDropnest simplifies airdrop farming by offering a one-click solution that eliminates the need for extensive research and complex processes. With secure smart vaults and a transparent, user-friendly platform, users can easily participate in multiple airdrops and maximise their rewards.
Weatherly