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Vitalik Buterin Proposes ‘Simplifying’ Ethereum Like Bitcoin — Details

  • Ethereum co-founder Vitalik Buterin proposes simplifying the ETH base protocol to enhance efficiency and resilience.
  • Buterin believes protocol simplicity is crucial for scalability, maintenance cost reduction, and protection against bugs and attacks.
  • He suggests achieving Ethereum's simplicity by optimizing the consensus layer, simplifying the execution layer, and standardizing protocols.
  • The price of Ether currently stands at $1,817, showing a 1.6% decrease in the last 24 hours despite recent bullish momentum.

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