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Ethereum protocol simplification: A key step to enhance performance and resilience.
Reshaping Ethereum: A Path to Simplicity
The vision of Ethereum is to become the world's digital ledger, supporting critical infrastructure for finance, governance, and high-value data certification. Achieving this goal requires a balance between scalability and resilience.
Recent upgrades have brought significant performance improvements to Ethereum. However, in addition to scalability and performance, there is another equally important but often overlooked foundation of resilience: the simplicity of the protocol.
Simplified: The foundation of decentralization
The reason Bitcoin is so remarkable largely stems from the extreme simplicity of its protocol. This simplicity brings numerous advantages:
Historically, Ethereum has performed poorly in this regard, leading to unnecessary development costs, security risks, and a closed research culture. In the coming years, Ethereum is expected to approach Bitcoin in terms of simplicity, which requires efforts from both the consensus layer and the execution layer.
Simplified Consensus Layer
The consensus mechanism of the future will integrate the research achievements of the past decade in areas such as consensus theory, zero-knowledge proofs, and staking economics. Key improvements include:
These improvements will significantly reduce the complexity of the consensus layer, enhancing security and efficiency.
Innovation Execution Layer
The execution layer has always been the complex core of Ethereum. In the future, a simpler and more efficient virtual machine like RISC-V may replace the current EVM. This transformation could bring:
This migration process will adopt a progressive approach to ensure the continued operation of existing contracts.
Integration of Shared Components
The future Ethereum protocol should integrate more shared components to further reduce system complexity:
These improvements will make the Ethereum underlying more elegant and efficient.
Embrace the way of simplicity
The pursuit of simplicity requires a cultural shift. While it may face challenges in the short term, in the long run, simplicity will bring great value to Ethereum. Future Ethereum development should adhere to the principle of "prioritizing simpler solutions," aiming to create a protocol that is both powerful and easy to understand and maintain.
Through these improvements, Ethereum is expected to significantly enhance its simplicity and maintainability while maintaining its powerful functionality, laying a more solid foundation for future development.