$ETH

⚡ Can the new programming code proposed by Vitalik Buterin boost the price of Ethereum? ⚡

* After the bold proposal by Ethereum co-founder Vitalik Buterin, Ethereum has once again taken center stage as the second largest cryptocurrency by market capitalization.

* Buterin revealed a transformative plan aimed at replacing the core programming code of the Ethereum Virtual Machine (EVM) with an open-source RISC-V instruction set, with the goal of improving the efficiency and scalability of the blockchain. This development has sparked intense discussions among traders and developers, raising questions about whether it could be the anticipated catalyst to push Ethereum's price to new highs.

- What matters to traders about Vitalik's proposal: replacing Ethereum's EVM code with the RICS-V system.

* Buterin's proposal aims to overhaul the entire transaction execution layer of Ethereum by transitioning from the EVM mechanism to a unified and scalable RISC-V system, with the goal of simplifying the blockchain's codebase while keeping the programming languages Solidity and Vyper user-friendly for developers.

* According to Buterin, this transition could multiply the computing capabilities of the zero-knowledge proof (ZK) algorithm by 50-100 times, greatly increasing transaction network productivity and reducing fees,