Vitalik Buterin urges Ethereum to adopt Bitcoin's simple design model
The co-founder of Ethereum, Vitalik Buterin, urged the blockchain community to rethink the network’s design approach, calling for a simpler and more efficient structure.
In a blog post published on May 3, Buterin argued that Ethereum should adopt a simpler protocol model, similar to Bitcoin, to improve efficiency, scalability, and security.
Buterin praises Bitcoin's simplicity
Buterin described Ethereum's current system as overly complex, warning that its technical depth increases costs, isolates research efforts, and raises the likelihood of serious errors.
The co-founder of Ethereum also emphasized that the current design concentrates too much control among a small group of technically advanced contributors. He argued that this approach undermines the principle of decentralization in the network. To address these challenges, Buterin proposes simplifying the protocol across all layers of the network over the next five years. Therefore, he suggests that Ethereum should take inspiration from Bitcoin, the largest cryptocurrency by market capitalization.