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Vitalik Buterin: Simplifying Ethereum Nodes for Decentralization

source-logo  cryptoknowmics.com 05 September 2023 03:56, UTC

Ethereum co-founder Vitalik Buterin, the centralization of nodes is one of the most significant issues affecting the network and should be addressed by making the operation of nodes cheaper and simpler. The majority of the 5,901 active Ethereum nodes are currently managed by centralized web service providers like Amazon Web Services (AWS), which, according to many experts, leaves the Ethereum blockchain vulnerable to a single point of failure. Buterin highlighted the node issue as a "big piece of the puzzle" to ensure that the Ethereum network remains decentralized in the long run in his speech at Korea Blockchain Week. However, he outlined six key issues that must be addressed to solve centralization. The removal of the need for centralized service providers to verify network activity is referred to as statelessness. As indicated by the Ethereum establishment, genuine decentralization is preposterous until hub administrators can run Ethereum on "unobtrusive" and economical equipment.

Ethereum's Vitalik Buterin ponders path to statelessness

[embed]https://twitter.com/VitalikButerin/status/1588669782471368704[/embed] Although statelessness is an essential component of the Ethereum roadmap, Buterin acknowledged that these highly technical issues were unlikely to be addressed anytime soon. Beyond statelessness, Buterin expressed the following most critical moves towards diminishing Ethereum centralization included, making documentation simpler, bringing hindrances down to dispersed marking, guaranteeing marking was safer and all the more extensively; making it more advantageous to stake Ether (ETH) overall. At last nonetheless, Buterin reasoned that the most time-delicate and squeezing worry for Ethereum as entire was accomplishing more elevated levels of versatility. Zero-knowledge (ZK) rollups are currently used most frequently by Ethereum scaling protocols. ZK-rollups have been praised by a larger number of people inside the Ethereum people group as a critical device to accomplishing versatility, as ZK rollups work to further develop throughput on the primary Ethereum chain by getting calculation and state-stockpiling off chain.

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