Discover Own Liberty
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
No Result
View All Result
Discover Own Liberty
No Result
View All Result
Home Investing

Vitalik Buterin and Ethereum Foundation Explore Strategies to Optimize Blockchain for Rollup-Centric Roadmap

by
February 6, 2024
in Investing
0
Vitalik Buterin and Ethereum Foundation Explore Strategies to Optimize Blockchain for Rollup-Centric Roadmap

Ethereum (ETH) co-founder Vitalik Buterin and the Ethereum Foundation are actively considering multiple strategies to reduce Ethereum’s maximum block size.

Their goal is to optimize the blockchain for the “rollup-centric roadmap,” which emphasizes the use of rollups for scaling and improving Ethereum’s scalability and efficiency.

In a blog post on February 5, Buterin and Ethereum Foundation researcher Toni Wahrstätter highlighted the need to optimize the utilization of block space.

They noted that over the past 12 months, the effective block size has essentially doubled, possibly due to the increasing use of Ethereum for data availability by rollups and trends like Inscriptions.

Vitalik Buterin Proposes 5 Solutions to Optimize Block Size


The blog post discussed five different solutions, each varying in complexity.

The primary objective is to increase block gas limits and discourage the use of calldata, thereby reducing the maximum block size and creating room for more data blobs in the future.

One of the proposed solutions involves increasing the cost of calldata from 16 to 42 gas.

This adjustment would reduce the maximum block size from 1.78 megabytes to 0.68 megabytes, allowing for an increase in the block gas limit.

However, Buterin expressed concerns about this approach as it could disincentivize the use of calldata for data availability, negatively impacting applications like StarkNet that rely on large calldata for on-chain proofs.

On Increasing the Block Gas Limit

By:
– Toni
– Vitalik

ELI5
Special thanks to the Starkware team for feedback and data!

Important Takeaways:
## ELI5
The article discusses a proposal to manage Ethereum’s block size more efficiently by adjusting the gas limit and the cost of…

— ethresearchbot (@ethresearchbot) February 5, 2024

Another solution suggested was to increase the cost of calldata while simultaneously decreasing the cost of other opcodes.

This approach aims to strike a balance between incentivizing calldata usage and optimizing gas costs.

Devs Can Cap Amount of Calldata Per Block


The third idea proposed was to cap the amount of calldata per block, as outlined in Ethereum Improvement Proposal (EIP) 4488.

However, this approach also raises concerns about disincentivizing calldata usage for data availability, which may affect applications heavily reliant on it.

Another potential solution was creating a separate calldata fee market, similar to how data blobs are handled, which would allow the price for calldata usage to automatically adjust based on demand.

However, the downside to this proposal is the increased complexity in analysis and implementation.

The final idea put forward was to offer an “EVM loyalty bonus” to compensate applications that heavily rely on calldata, which would incentivize the use of calldata within the Ethereum Virtual Machine (EVM).

Buterin and Wahrstätter acknowledged that simply raising the calldata cost to 42 gas might be too simplistic, and implementing separate fee markets could introduce excessive complexity.

They emphasized the need for a balanced solution that increases the cost of calldata while reducing the cost of certain operations or explores models that incentivize calldata usage within the EVM.

“A balanced solution could be to increase the cost of calldata while reducing the cost of some operations, or perhaps moving towards a model that offers incentives for using calldata inside the EVM.”

It should be noted that Buterin previously proposed calldata limits per block to lower gas costs in 2021.

Back in January, he suggested raising the Ethereum gas limit by 33% to 40 million to enhance network throughput. 

The post Vitalik Buterin and Ethereum Foundation Explore Strategies to Optimize Blockchain for Rollup-Centric Roadmap appeared first on Cryptonews.

Previous Post

US Treasury Secretary Yellen Highlights Crypto Risks, Urges Legislation

Next Post

Will the Tokenization of Debt Trend Gain Momentum in 2024?

Next Post
Will the Tokenization of Debt Trend Gain Momentum in 2024?

Will the Tokenization of Debt Trend Gain Momentum in 2024?

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    House Republicans unveil new food stamp work requirements for Trump’s ‘big, beautiful bill’

    House Republicans unveil new food stamp work requirements for Trump’s ‘big, beautiful bill’

    May 13, 2025
    Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash

    Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash

    May 13, 2025
    Trump China tariff truce ignites stock markets – will it also pump up president’s poll numbers?

    Trump China tariff truce ignites stock markets – will it also pump up president’s poll numbers?

    May 12, 2025

    About Proud For Profits

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy

    Latest News

    • House Republicans unveil new food stamp work requirements for Trump’s ‘big, beautiful bill’
    • Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Discoverownliberty.com. All Rights Reserved.

    No Result
    View All Result
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Discoverownliberty.com. All Rights Reserved.