🚨🚨 #VitalikButerin 🚨$ETH 🚨🚨

⚡ Vitalik Buterin just dropped a major proposal: “Simplifying the L1” — here’s what you need to know:

Keep it simple, like Bitcoin

Vitalik wants to cap the number of lines in Ethereum’s core code. Why? To make it more like Bitcoin — simple, secure, and resilient.

Bye-bye old baggage

Ethereum’s getting a cleanup. Obsolete features like SELFDESTRUCT could be removed to streamline the system and cut down unnecessary complexity.

10x L2 data boost incoming

A huge win for Layer 2s: the plan includes a 10× increase in data throughput for L2s via more blob space. That means cheaper and faster transactions on rollups like Arbitrum, Optimism, etc.

Faster finality

Ethereum could soon confirm transactions in seconds instead of 15+ minutes, thanks to single-slot finality proposals. Game-changer for UX.

Staking made easier

The entry barrier to stake might drop from 32 ETH to just 1 ETH. This makes staking more accessible and pushes Ethereum toward stronger decentralization.

History expiration & lighter nodes

Ethereum nodes may no longer need to store the entire chain's history. This would reduce hardware demands and help more people run nodes.

New data structure: SSZ over RLP

Ethereum might ditch its old RLP encoding in favor of SSZ — a cleaner, more consistent format already used in the Beacon Chain.

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Why this matters:

Ethereum is gearing up for the long haul — aiming to be lighter, faster, and easier to maintain. With this five-year plan, it’s all about doing more with less: cleaner code, stronger performance, and better scalability.