Vitalik Buterin wants rollups to reach stage 1 of decentralization by the end of the year| Trending Viral hub

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Ethereum Co-founder Vitalik Buterin proposed raising the level of what is considered a rollup within the Ethereum ecosystem and suggested that developers reach a higher level of decentralization by the end of 2024 to avoid being left behind.

“By the end of the year, I think our standards should increase and we should only treat a project as a summary if it has actually reached at least stage 1,” he said in a March 28 report. Blog mail.

This is after Buterin. saying in November 2022 that any network that has made sufficient progress in improving its scalability and decentralization, but is not yet fully decentralized, has reached Stage 1 status. Achieving full decentralization would take the network to Stage 2. Vitalik Buterin created Ethereum after the World of Warcraft debacle

Vitalik Buterin says very few rollups are truly decentralized

The call to make rollups less centralized by the end of this year follows an earlier observation by the Ethereum co-founder. He found that there are only five Layer 2 projects that have reached stage 1 or stage 2 of decentralization, citing L2beat data. Meanwhile, only Arbitrum fully supports EVM (Ethereum Virtual Machine), Buterin added.

With respect to Ethereum In itself, the expansion efforts have gone from being a “zero to one” problem to an incremental problem, Vitalik wrote. Work to scale the Ethereum network will now focus on increasing blob capacity and improving inefficiencies within the application layer, he said in the post.

Developers will build the foundation necessary for the transition to stage 2

The next step in the Ethereum development roadmap is the implementation of data availability sampling. This update aims to increase the blob capacity to 16MB per slot. Developers will also explore ways to optimize Layer 2 solutions through techniques such as optimistic execution and data compression, while also looking at how they can improve overall network security.

Once these developments are complete, developers “can move cautiously toward stage 2: a world where rollups are truly backed by code, and a security board can only intervene if the code disagrees with itself.” Buterin added.

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