Ethereum CEO Discusses Scalability Sollution For Ethereum Network

Ethereum founder and CEO Vitalik Buterin in a recent letter proposed the plan of using the ZK-SNark feature to improve the Ethereum network’s scalability. In a letter, he also mentioned Balaji Srinivasan, the former CTO of Coinbase, Kraken, and Binance, for discussion.

(By Nishant Shukla)

Ethereum Vitalik Buterin Crypto

Original Link

Comments

All Comments

Recommended for you

Cointime's Evening Highlights for May 19th

1.US spot Bitcoin ETFs saw net inflows of $948.3 million this week
Ryan Sean Adams ·

Will this cycle skip Ethereum?

Ryan Sean Adams is going to take the perspective of long-term Ethereum bulls, not the obviously wrong dyed in the wool Ethereum is dead haters.
Jesse Hamilton ·

Crypto Industry Rallies Behind House Bill as It Heads Toward Final Vote

The so-called FIT21 legislation to establish a U.S. regulatory regime for digital assets is set for a floor vote next week, and the sector is telling House leaders the effort is "crucial."
Cointime May 3rd News Express

1. The 133rd Ethereum ACDC meeting: The goal is to complete the devnet within 7-10 days
Cointime精选 ·

The Future of Ethereum: Use Cases (Part 1)

In our 4-part series named “The Value of Ether”, we have discussed in detail the framework in which we think it is most appropriate to link value accrual to ETH token holders with the underlying mechanics that operate the Ethereum blockchain. More specifically, we have laid out a case on how increased usage of the network has an impact on supply dynamics and can therefore have a knock-on effect on the value of the Ether token.
Cointime April 23th News Express

1. EigenLayer: Deposit limits for all LST tokens will be removed on April 16
Cointime精选 ·

Introducing eoracle - the Ethereum Oracle

Ethereum and Bitcoin faced challenges that were overcome with a very cautious approach, resulting in an extraordinary case study for global human coordination. Adding real-world data through oracles as another layer on top of it is a very promising next step. However, so far, we have taken this step forward without the same caution that is fundamental to the journey toward a decentralized ecosystem. Perhaps we were too close to the problem, focusing only on the outcome - making data accessible - and not being mindful enough about the process allowing it.
Cointime April 5th News Express

1.Mystiko.Network Community Sale Completed, Total $11.25 Million in XZK Sold2.Solana Co-founder Responds to the Sharp Increase in Transaction Failure Rates: Patch Coming Soon3.Ethena USDe market value exceeds 2 billion US dollars, setting a new record4.Du Jun, Executive Director and CEO of Xinhuo & Founder of ABCDE: Xinhuo Technology and ABCDE will invest 100 million US dollars to support blockchain companies that promote social development 5.QCP Capital: Bitcoin is expected to return to $70,000 this week, while Ethereum continues to be weak6.bitSmiley Labs officially launches its independent ecosystem plan, bitUniverse, and reveals its OG pass bitDisc-Black Upgraded Priviledges 7.Avalanche Foundation launches ice-breaking plan, focusing on LST track in the first phase and funding 500,000 AVAX 8.SuperRare Expands into Bitcoin Ordinals with Killer Acid's Psychedelic Art Collection 9.A dormant whale address for 8 months deposited 1,100 BTC into Binance10.Meme exchange DerpDEX.com completes multi-million dollar strategic investment, with participation from ABO Digital and others
Cointime精选 ·

An introduction to Composable Culture, what it is and why it matters

The current landscape of emerging technologies like blockchain, web3, ai-related solutions and others is paving the way for what I see as the rise of composable culture (or modular culture as one of my peers said1). While I have been hinting the concept in my writings before, an explanation of why an there should be an umbrella term, what are it’s characteristics and advantages is needed.
Cointime精选 ·

How to purchase Ethereum GAS in advance

This topic introduces a method for purchasing gas on Ethereum. Technically it is a fully on-chain Ethereum gas futures market. The volatility of gas prices, primarily driven by network demand fluctuations, significantly obstructs user experience on Ethereum due to unpredictable costs. This solution aims to mitigate that issue.