3 months ago 1 min read

In 2023, Vitalik Buterin Highlights The Bullish


In a post on December 31, Balaji Srinivasan—the former chief technology officer of Coinbase—asked readers what they were optimistic about for 2023. Buterin said that he was eager to reach the "basic rollup scaling" milestone as noted in the Ethereum roadmap.

The Ethereum Improvement Protocol (EIP) 4884, which was dropped as part of the March update package for Shanghai, will be implemented at some point in 2023, according to the Ethereum developer. He clarified that this was in reference to the EIP-4884, the surge-related Ethereum enhancement proposal, being implemented.

EIP-4884 was formerly intended to be bundled with Shanghai in order to significantly enhance layer-2 rollup scalability (the Surge) prior to the full implementation of the significant Sharding upgrade late next year.

Depending on how sophisticated a project's technology is, there are three different degrees of "trust models," according to a post made on the "Ethereum Magicians forum" on November 22. He mentioned that this will feature rollups that partially removed the training wheels, at least up to stage 1.

Users must be able to withdraw their funds without the operator at Stage 0, which Buterin compares to having "complete training wheels" for transactions.

Stage 1 or "limited training wheels" must have a transaction verification method, such as a fraud-proof or validity-proof scheme, as well as an overriding security council to oversee the process in order to accept or reject which transactions are permitted by the smart contract.

Stage 2 involves either both of the two distinct validity provables or one of each of the two unique fraud provables and has "no training wheels." Upgrades are still allowed, but they need to be delayed for at least 30 days.

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