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Ethereum Eyes Bitcoin-Like Simplicity with Bold Five-Year Revamp Plan

  • Ethereum co-founder Vitalik Buterin proposes a radical simplification of Ethereum's core protocol over the next five years to increase resilience and reduce development overhead.
  • Buterin suggests replacing the EVM with a more efficient virtual machine like RISC-V and standardizing core components across Ethereum layers to cut protocol complexity.
  • The proposed changes aim to make Ethereum's protocol architecture easier to understand, reason about, and maintain while not compromising its larger goals in finance, governance, and data validation.
  • The revamp plan involves unifying backends and simplifying infrastructure to reduce technical debt and keep Ethereum scalable and robust in the long term.

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