Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Powell Rate Cut Odds Hit 92%, Markets Eye Rally

06/08/2025

the new era of crypto regulation has just begun

06/08/2025

Bitcoin Mining Is the Resurrection Of the Working-Class Hero

06/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Market Prophet Tom Lee Explains Why He Chose Ethereum Over Bitcoin

    04/08/2025

    How Much of Ethereum’s Supply Is Lost Forever? Here’s the Amount That Must Be Excluded When Calculating Supply

    04/08/2025

    Ethereum Rainbow Chart predicts ETH price for August 1, 2025

    04/08/2025

    Ethereum (ETH) Reclaims $3,800. Is $4,000 Likely?

    04/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Cloudflare Accuses Perplexity AI of Using Stealth Crawlers to Evade Website Blocks

    05/08/2025

    CryptoPunks and Pudgy Penguins Draw Major Sales

    04/08/2025

    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    03/08/2025

    Ethereum Collections Lead NFT Sales Today

    03/08/2025

    Powell Rate Cut Odds Hit 92%, Markets Eye Rally

    06/08/2025

    the new era of crypto regulation has just begun

    06/08/2025

    Bitcoin Mining Is the Resurrection Of the Working-Class Hero

    06/08/2025

    9GAG and Moonit Launch Automated Meme Tokenization Platform on Solana

    06/08/2025
  • Blockchain

    9GAG and Moonit Launch Automated Meme Tokenization Platform on Solana

    06/08/2025

    Succinct Labs Unveils ‘PROVERS’ to Make ZK Proofs Tradeable in Mainstream

    06/08/2025

    GAEA Labs and DIN Forge Alliance to Accelerate Decentralized AI Infrastructure

    06/08/2025

    CodexField and Atleta Network Ally to Digitize OnChain Sports Assets

    06/08/2025

    Sui Launchpad and DeepBook Partner for Private Sale of IDO

    06/08/2025
  • DeFi

    Chainlink Introduces State Pricing to Improve Onchain Asset Valuation

    05/08/2025

    Stables Labs Launches USDX, sUSDX on Base Network for Advanced Cross-Chain Accessibility

    05/08/2025

    Arcadia Finance users reimbursed by DeFi hack insurance

    05/08/2025

    Strategic Hire Signals Explosive RWA Growth

    05/08/2025

    Aave repurchases 70,000 tokens, boosting DeFi lead

    05/08/2025
  • Metaverse

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025
  • Regulation

    Powell Rate Cut Odds Hit 92%, Markets Eye Rally

    06/08/2025

    Monthly Stablecoin Volume Soars to Record $1.5T in July

    06/08/2025

    Mixed Signals as ETFs Bleed Millions, Bitcoin, Ether Rise: Crypto Daybook Americas

    06/08/2025

    Coinbase to Raise $2B in Convertible Notes as COIN Sags in Pre-Market Trading

    06/08/2025

    “I Will Announce the New Fed Chair Soon! I Received a Rejection from One Person!” Here Are His Critical…

    06/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    DEX trading volume tops $1T for the first time in July, Hyperliquid leads record perp surge

    05/08/2025

    Coinbase to Delist Popular Cryptocurrency This August: Details

    05/08/2025

    Binance Sends Millions in Crypto to Wintermute Amid Transparency Questions

    05/08/2025

    Bitcoin Exchange Binance Deletes Numerous Altcoin Trading Pairs from Margin Trading! Here Are the Details

    05/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Shrapnel to Leave Avalanche in New Partnership with Gala Games

    05/08/2025

    Google to Pit Top AI Models Against Each Other in Live Chess Tournament

    05/08/2025

    The Biggest Games Releasing in August 2025

    03/08/2025

    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    02/08/2025

    Bitcoin Mining Is the Resurrection Of the Working-Class Hero

    06/08/2025

    Core Scientific investors expected to resist CoreWeave’s merger bid

    05/08/2025

    Impressive 467 BTC Production in July

    05/08/2025

    Cango posts ‘massive’ July Bitcoin haul, boosting corporate treasury

    05/08/2025

    the new era of crypto regulation has just begun

    06/08/2025

    Coinbase seeks privacy overhaul in US finance laws

    06/08/2025

    CFTC Unveils Initiative for Trading Listed Spot Crypto 

    06/08/2025

    Trump could soon sign executive order to penalize banks for discriminating against crypto firms

    06/08/2025

    Powell Rate Cut Odds Hit 92%, Markets Eye Rally

    06/08/2025

    the new era of crypto regulation has just begun

    06/08/2025

    Bitcoin Mining Is the Resurrection Of the Working-Class Hero

    06/08/2025

    9GAG and Moonit Launch Automated Meme Tokenization Platform on Solana

    06/08/2025
  • MarketCap
NBTC News
Home»Ethereum»Ethereum core devs chart an ambitious 2024
Ethereum

Ethereum core devs chart an ambitious 2024

NBTCBy NBTC05/03/2024No Comments5 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Ethereum’s core developers are debating the priorities for the next hard fork after “Dencun,” which could come in late 2024 or 2025.

Following Thursday’s All Core Devs call, the tentative schedule for the Dencun fork remains unchanged, with the Goerli testnet first up on Jan. 17.

The Goerli date was reaffirmed as Jan 17, as agreed on in ACDE#177. We had tentatively agree on Jan 30 and Feb 7 as dates for Sepolia and Holesky, respectively. We eventually confirmed these dates also, but after some debate.

— ً (@lightclients) January 4, 2024

With the rollout of the upgrade looking likely in March, developers are turning attention to what comes next in Prague-Electra — Pralectra for short — the upgrade to follow.

Still very much in flux, a debate is in progress on the overall vision: Either a feature-focused set of smaller Ethereum Improvement Proposals (EIPs) or a major protocol upgrade to introduce Verkle Trees to the execution layer.

Verkle Trees are a new data structure that evolve the current Merkle Tree in use today, using more sophisticated mathematical techniques — vector commitments based on elliptic curve pairings, which are a significant departure from the simpler hash functions used in Merkle Trees, according to verkle.info.

This structure uses less space and can be verified faster, both of which allow the network to handle more transactions.

In short, it’s a way to deal with the long-term problem of “state bloat,” which will be increasingly important as Ethereum scales.

The upgrade is a key milestone on Ethereum’s long-term roadmap, a phase referred to as The Verge.

There was no clear consensus on the call — some advocate for keeping the focus squarely on Verkle Trees, with Guillaume Ballet at the Ethereum Foundation warning “there’s no such thing as a small fork,” but others calling for a firm commitment to upgrade the network again in 2024.

The fear is that Verkle Trees could take 18 months or more to deliver — an eternity in crypto.

Dencun itself was originally slated for November, but was finally pushed into 2024 last october.

Read more: Core devs rule out Dencun fork this year

“Verkle is on the scale of the Merge if not worse in terms of complexity,” Ballet said. “You cannot really ship anything at the same time on the [execution layer] side.”

Lukasz Rozmej of the Nethermind execution client team agreed, recommending the developers prioritize a feature-rich fork first before turning fully to Verkle Trees.

“My experience tells me that state redesigns are extremely hard and they take an extremely long time,” he told colleagues on the call. “Verkle toughness is not the specification, it is the implementation, optimization and testing.”

Features, yes, but which ones?

Among those advocating for a second 2024 fork focusing on features were client teams for Nethermind, Besu and Reth. But the question is what takes precedence?

Andrew Ashikhmin, software engineer on the Erigon client team, suggested that the EVM Object Format (EOF) would be one candidate to drive the next upgrade without distracting from longer-term work on Verkle Trees, because it could be implemented by a smaller team, and was a more isolated change to the code base.

“But Verkle should be the main focus,” he said.

EOF was originally considered for the Shapella hard fork, but was considered too big to be paired as a “passenger” alongside the main “driver,” Proto-Dank sharding or EIP-4844.

Read more: Ethereum’s Next Upgrade To Focus on Blobs

EOF is “definitely not a passenger” according to Justin Florentine, protocol engineer on the Besu client team, but he said that Besu had already made “a lot of progress” on the feature, and therefore was in favor of its adoption in Pralectra

Georgios Konstantopoulos, chief technology officer and researcher at investment firm Paradigm, which is building the Rust Ethereum (Reth) client, said his team was “OK [with] EOF as it’s [a] one man job and [needs] isolated testing.”

But Ethereum Foundation developer Marius van der Wijden shared the opinion that “EOF is not going to be in the small fork.”

Ansgar Dietrichs at the Ethereum Foundation supported EOF for inclusion in Pralectra last April, and noted on Thursday’s call that the Solidity team — maintaining the EVM’s main smart contract programing language — was strongly in favor.

No one on the call was there to explicitly advocate for EOF, however, prompting Nethermind founder Tomasz Stanczak to remark, ”if nobody champions EOF on this call this would summarize why it has not been shipped yet.”

Stanczak called EIP-7002 or “Execution layer triggerable exits” the most upvoted EIP in the Ethereum Magicians forum and “super important,” because it fixes a “major design bug with staking [and] cannot come early enough.”

Fellow core developer Parithosh Jayanthi, known by the nickname “Potuz” said if he had to choose one feature to ship it would be EIP-7002. However, in his view, EIP-7549 “should definitely be in.”

This feature, which only affects the consensus layer, fixes a bug in Ethereum’s design and aims to reduce the average number of pairings needed to verify consensus rules. A pairing is an operation used in certain cryptographic algorithms involving elliptic curves.

Currently, to reach consensus it’s necessary to verify a minimum of 1366 attestations — indicating agreement between validators — but after EIP-7549 it would be reduced to just 22.

“It’s trivial to implement and it’ll save a lot of aggregation time,” Potus said. “It can help on trustless bridges — and zk-provers, zk-bridges — it’s something that should definitely be in whatever fork we do next.”

The goal of the call was to kickstart discussion, and the specific approach and improvement proposals will be decided at a later date. Ethereum upgrades are consensus-driven; there is no explicit hierarchy of authority, or voting mechanism to determine priorities.

It can at times appear challenging or chaotic to make progress, not unlike herding cats, but that’s the nature of the decentralized beast.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Market Prophet Tom Lee Explains Why He Chose Ethereum Over Bitcoin

04/08/2025

How Much of Ethereum’s Supply Is Lost Forever? Here’s the Amount That Must Be Excluded When Calculating Supply

04/08/2025

Ethereum Rainbow Chart predicts ETH price for August 1, 2025

04/08/2025

Ethereum (ETH) Reclaims $3,800. Is $4,000 Likely?

04/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Powell Rate Cut Odds Hit 92%, Markets Eye Rally

06/08/2025

the new era of crypto regulation has just begun

06/08/2025

Bitcoin Mining Is the Resurrection Of the Working-Class Hero

06/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.