🧠Vitalik wants to simplify Ethereum — to the level of Bitcoin! ⚡️📉
Co-founder of Ethereum$ETH Vitalik Buterin published a manifesto "Simplifying L1" 🧾, where he proposes to radically simplify the Ethereum protocol to enhance security, scalability, and transparency.
🔍 What Vitalik proposes:
🔁 Finality in 3 slots — without epochs, committees, and complex shuffling
⚙️ Transition from EVM to RISC-V — zk-friendly and maximally simple architecture
📦 Standardization of formats: SSZ, tree structure, erasure
🛡️ Minimalism = security: less code, fewer bugs, easier audits
📉 Buterin acknowledges: Ethereum$ETH has become too complex, which slows down development and increases risks.
📌 Goal: to make Ethereum$ETH as easy and resilient as Bitcoin — within the next 5 years.
📊 Meanwhile, Ethereum's share among L1 networks is decreasing, and competitors are advancing with increasing confidence.