The roadmap for the next updates of the Ethereum network has is being updated. On November 5, Vitalik Buterin, the co-founder of Ethereum, shared with the community a diagram representative of the updated version of this roadmap. There will be several important additions to make the Ethereum blockchain more and more efficient.
After the Fusion, the Scourge will come!
Vitalik Buterin’s post on Twitter noticed that there are several important updates after the merger of Ethereum. These include the Scourge update. According to Vitalik, this new phase, which in French means scourge, has two main objectives. On the one hand, it aims at ensure a reliable and fair inclusion of credible and neutral transactions “.
On the other hand, it will allow solve SRM problems “. Note that according to the Ethereum Foundation, the MEV stands for:”The maximum value that can be extracted from block production in addition to the standard block reward and gas commission by including, excluding and changing the order of transactions within a block“.
With the Scourge, the Ethereum network should be more decentralized. The new phase involves features like PBS, which stands for Propose Builder Separation. The PBS solution states that different entities should be responsible for creating and offering blocks in a blockchain. In this way it is possible to ensure the security of the network, as well as the prevention of attacks related to the MEV.
Several“key steps”for the evolution of Ethereum
In his diagram, Vitalik Buterin highlighted several elements that are considered key steps. The Ethereum co-founder has made it clear that they are essential for the evolution of the blockchain.
Among these key steps, there is the “Single slot purposeWhich includes the Sway, which is the first post-merge update. This step should make the network able to occupy only one slot for one block processing. Note that 64-95 slots are currently required to finalize a block.
There seem to be 5 major updates. There are Surge, Scourge, Verge, Purge and Splurge coming to the Ethereum network. Each update is divided into several phases. One of the most notable steps is that ofSingle slot purpose,which aims to improve the overall speed of completing Ethereum transactions.
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Far from dulling my enthusiasm, a fruitless investment in a cryptocurrency in 2017 only increased my enthusiasm. I therefore decided to study and understand the blockchain and its multiple uses and to transmit information relating to this ecosystem with my pen.