#USChinaTensions

🚨📣: Vitalik Buterin, one of the founders of Ethereum, has proposed replacing the Ethereum Virtual Machine (EVM) binary code with the open-source RISC-V architecture to improve scalability.

He believes this radical change could reduce on-chain execution costs by up to 100x.

However, legacy EVM contracts will continue to function and will be fully interoperable with new RISC-V contracts.

The proposal also includes support for both EVM and RISC-V contracts and the creation of a dedicated translator to convert EVM contracts to RISC-V equivalents.

Ethereum plans to launch the "Pectra" upgrade on May 7.