Ethereum co-founder Vitalik Buterin has shown some bullishness for the coming year, including reaching a new milestone for rollup scaling as per the Ethereum roadmap.
Ethereum developers also confirmed the launch of Ethereum Improvement Protocol (EIP) 4884 in 2023, which has been removed as part of the Shanghai upgrade package that will come in March.
Respond December 31 post from Coinbase’s former head of technology, Balaji Srinivasan, asked users whether they were bullish for 2023, Buterin said he hoped to reach the milestone of “base rollup scale” as outlined in the Ethereum roadmap.
Hit the “basic rollup scale” milestone on my roadmap diagram.
Meaning:
* EIP-4844 launched
* Rollups partially remove training wheels, at least for “stage 1” as explained here https://t.co/qNQonDQkzG pic.twitter.com/7HePctWw1l— vitalik.eth (@VitalikButerin) December 31, 2022
He explained that this means the launch of The Surge-related Ethereum Improvement Proposal (EIP)-4884.
EIP-4884 was initially expected to be packaged with Shanghai, introducing “proto-danksharding” to significantly increase the scalability of layer-2 rollup (The Surge) before the full implementation of the major Sharding upgrade late next year.
He also said that this will mean that the rollups will “partially take off the training wheels, at least for stage 1” referring to the November 22 post on the “Ethereum Magicians forum” which describes the three stages of the “trust model” based on how. mature tech project there.
Stage 0, which Buterin calls “full training wheels” has requirements for all transactions on the chain and gives users the ability to withdraw assets without an operator.
Stage 1 or “limited training wheels” must have transaction verification methods such as fraud proof or validity proof schemes to accept or reject transactions allowed by the smart contract, along with an overriding security board to monitor the process.
At stage 2, it has “no training wheels” and must have two different fraud provers, two different validity provers, or one of each. Upgrades are allowed at this stage but must be delayed for more than 30 days.
related: Vitalik revealed a new section of the Ethereum roadmap: The Scourge
On Twitter separately post a day before December 30th, Buterin also made some comments about what he considered to be a “Good Crypto Future”.
Buterin outlined several areas of crypto that need to be improved, including scaling, privacy, user experience and making user accounts more secure for the average user than centralized services.
He also sees payments and decentralized finance (DeFi) as part of this future, and a new organizational paradigm supported by decentralized autonomous organizations (DAOs).