Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Vitalik publishes latest article: The future of Ethereum protocol — The Verge

Vitalik publishes latest article: The future of Ethereum protocol — The Verge

Cointime2024/10/23 04:42
By: Cointime
ETH+0.21%

On October 23rd, Ethereum co-founder Vitalik released his latest article "Possible futures of the Ethereum protocol, part 4: The Verge". He stated that one of the most powerful features of blockchain is that anyone can run a node on their own computer and verify the correctness of the chain. Equity holders who do not belong to such conspiracy groups will automatically gather and continue to build a chain that follows the old rules, while fully verified users will follow that chain.

However, running a fully verified node requires being feasible for a sufficient number of people. Today, running a node on a consumer laptop is possible, but it is difficult. The Verge aims to change this by making fully verified chains so economically feasible in computation that every mobile wallet, browser wallet, and even smartwatch defaults to doing so.

Initially, "Verge" referred to the idea of moving Ethereum state storage to Verkle trees - Verkle trees are a tree structure that allows for more compact proofs and enables stateless verification of Ethereum blocks.

But over the past year, Verge has become more open and there are multiple possibilities. The Verge: Key Goals

· Stateless client: Fully verified clients and staking nodes do not need more than a few GB of storage space

· (Long-term) Full chain verification (consensus and execution) on smartwatches. Download some data, verify SNARK, and you're done.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — ZKC/USDT!
Bitget Announcement2025/09/16 06:28
CandyBomb x ZKC: Trade futures to share 66,666 ZKC!
Bitget Announcement2025/09/16 06:00

Trending news

More
1
Bitget Trading Club Championship (Phase 9)—Trade spot and futures to share 120,000 BGB, up to 2200 BGB per user!
2
New spot margin trading pair — ZKC/USDT!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$116,654.04
+1.33%
Ethereum
Ethereum
ETH
$4,515.36
+0.07%
XRP
XRP
XRP
$3.04
+1.84%
Tether USDt
Tether USDt
USDT
$1
+0.03%
BNB
BNB
BNB
$959.7
+4.48%
Solana
Solana
SOL
$236.41
+1.27%
USDC
USDC
USDC
$1.0000
+0.02%
Dogecoin
Dogecoin
DOGE
$0.2701
+1.27%
TRON
TRON
TRX
$0.3429
-0.53%
Cardano
Cardano
ADA
$0.8793
+2.12%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter