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Vitalik Buterin

Vitalik

ALL From Vitalik Buterin

Vitalik: Introducing multi-dimensional execution Gas will bring certain complexity at the EVM level

Vitalik Buterin, co-founder of Ethereum, has released the latest blog "Multi-Dimensional Gas Pricing". It mentions that Gas integrates multiple types of "efforts", mainly including: raw calculations (such as ADD, MULTIPLY), read and write Ethereum storage (such as SSTORE, SLOAD, ETH transfer), data bandwidth, and the cost of generating ZK-SNARK proof for block generation. EIP-4844 introduced multi-dimensional pricing for the first time in Ethereum, adding a dedicated Blob data area with its own price and limit. This improvement reduces the cost of Rollup by 100 times, increases transaction volume by more than 3 times, and only slightly increases the theoretical maximum block size. In addition, Vitalik has proposed two solutions for implementing multi-dimensional gas pricing:1. The simpler one is to set the resource upper limit for each transaction, that is, the gas for each transaction is priced based on the larger value of the consumed data and computing resources, as suggested by EIP-7623.2. The ideal but more complex solution is to establish a dynamic adjustment mechanism for each type of resource similar to EIP-1559. Vitalik emphasized that introducing multi-dimensional gas execution will bring some complexity at the EVM level, but this trade-off is worth it for safely improving the scalability of Ethereum L1. The community still needs to further explore more elegant designs in terms of economic feasibility and development friendliness of the solution.

Vitalik: Privacy in physical space is rapidly decreasing, and a little balance can be restored by strengthening network privacy

Vitalik Buterin wrote on the X platform: "Privacy in physical space is rapidly decreasing, and strengthening network privacy is one of the few tools we have to regain a little balance. Privacy is normal and supports privacy protection."

Vitalik transfers 100 ETH to DEFI protocol RAILGUN

Scopescan monitoring shows that Vitalik has just transferred 100 ETH (worth $330,000) to the DEFI protocol RAILGUN.

Vitalik Buterin: ZK-SNARKs and other technologies are inefficient, and Ethereum aims to achieve real-time proofs

Vitalik Buterin, the founder of Ethereum, gave a keynote speech titled "Reaching the Limits of Protocol Design" at the 2024 Hong Kong Web3 Carnival. Vitalik Buterin stated that technologies such as ZK-SNARKs, MPC, and FHE have efficiency and security issues. Ethereum's slot block time is 12 seconds, the average block verification time is about 400 milliseconds, and the ZK-SNARK proof time is about 20 minutes. Ethereum's goal is to achieve real-time proof. Regarding the current low efficiency issue, Vitalik stated that the solution is "parallelization and aggregation trees", using SNARK algos and hash to improve efficiency, and using ASIC for ZK hardware acceleration.

Vitalik will give a speech in Hong Kong, which seems to be a temporary decision

Vitalik Buterin, co-founder of Ethereum, will make an appearance at the Web3 Summit in Hong Kong on April 9th at 10:15 am. He will deliver a keynote speech on the topic of "Reaching the Limits of Protocol Design". Later that day at 1:45 pm, he will also give a live talk at the main venue on "Building on Ethereum in the 2020s". It is reported that this speech seems to have been decided on at the last minute and was not included in earlier promotional posters. According to multiple encounters and photos, Vitalik had already arrived in Hong Kong before yesterday.

Vitalik published an article outlining the next steps regarding Ethereum protocol simplification and node resource load reduction (Purge)

On April 1st, Ethereum co-founder Vitalik Buterin published a post titled "Explanation of Purge Steps for Simplifying Ethereum Protocol and Reducing Node Resource Load." Vitalik stated that the EIP-6780 in the Dencun hard fork removed most of the functionality of the SELFDESTRUCT opcode, simplifying the protocol by eliminating complexity and adding new security guarantees. Therefore, Vitalik marked it as an important part of the purge, and discussed other purges that are currently taking place. In addition, Vitalik listed precompilation, history (EIP-4444), LOG reform, and migration to SSZ as other areas that may need to be purged. Regarding precompilation, Vitalik pointed out that the demand for some precompiled functions is much lower than expected, and these precompiled functions are a huge source of consensus errors and a huge pain point for new EVM implementations.

Vitalik: Users participate in meme coins because the value may rise and it’s fun

Ethereum co-founder Vitalik Buterin published an article today titled "What else could memecoins be?", in which he pointed out that users participate in memecoins because: (i) the value may rise; (ii) they feel democratic and open to anyone, and it is interesting; (iii) Don't just make a coin, make a game. But make a truly meaningful and fun game.

Vitalik: There are four key areas that can be improved in the current L2 protocol:

Vitalik Buterin, co-founder of Ethereum, published an article today titled "Ethereum has blobs. Where do we go from here?" In it, he pointed out that there are four key areas for improvement in L2 protocols:1. More effective use of bytes through data compression;2. Optimistic data technology, using L1 to protect L2 only in special cases;3. Continuous improvement of execution-related constraints;4. Continued improvement of security.Vitalik Buterin also added that Ethereum is basically no longer just a financial ecosystem, but a full-stack replacement for most "centralized technologies", even providing some things that centralized technologies do not have (such as governance-related applications), and now needs to consider this broader ecosystem.

Vitalik: Humanity needs to create a world where blockchain and artificial intelligence work together

Vitalik Buterin, the founder of Ethereum, stated at BiddleAsia 2024 held at Signiel Seoul in the Songpa district on March 28 that artificial intelligence is a huge market and its importance is increasing day by day. We need to create a world where blockchain and artificial intelligence work together. Artificial intelligence can now create applications with 100 to 500 lines of code. Vitalik also stated that the ability to write 10,000 lines of code can eliminate most of the bugs in the Ethereum virtual machine.

Vitalik: Ethereum ecosystem needs major mindset shift to have global impact

Vitalik Buterin called for a shift in mindset towards building L2DApps and solutions after the successful completion of the Ethereum Dencun upgrade. At the ETH Global Pragma London event on March 14th, Vitalik stated that Ethereum has been constantly changing over the past decade and emphasized the need for the Ethereum ecosystem to change its approach in order to have a significant impact on the internet and traditional financial systems. Vitalik also urged developers to adopt the "Ethereum 2.0" development approach and use contemporary tools and L2 rollups protocols to improve privacy, security, and performance.