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    1. coinfeeds-bot on

      tldr; Ethereum co-founder Vitalik Buterin has called for simplifying Ethereum’s architecture, citing Bitcoin’s simplicity as a model. In a blog post, he highlighted the drawbacks of Ethereum’s complexity, including higher development costs, security risks, and limited participation in protocol research. Buterin proposed simplifying Ethereum’s consensus and execution layers, suggesting a transition to a new virtual machine for greater efficiency. He believes these changes could make Ethereum more robust and user-friendly within five years.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. retroapropos on

      He’s right, one ETH biggest issues is user interface and all the layers. Grandma is never gonna figure it out.

    3. slavikthedancer on

      In other words, he just should have stuck to Mastercoin and not have created another blockchain.

    4. Finally! I’ve been wondering why Ethereum has been focusing on adding all this crazy tech that takes a PHD to understand, yet has had no real improvements to usability for the last 5 years.

    5. Got too complicated and too expensive for what it is. Hopefully there is a solution that simplifies this before ETH can be considered for mass adoption.

    6. nameless_pattern on

      That headline is just bait. Tons of Maxi’s who haven’t read the blog post just in eating up lies.

      The language change is proposed to allow fast and more tractions, it wouldn’t lose any features and would be just as complicated as before.

      Garbage excuse for „reporting“

    7. Disagree. Ethereum works like a linux kernel. It must be complicated. In the long term, users most likely shouldn’t interact directly with ethereum core.

      Price? Basically, ethereum needs to guarantee its market success by charging apps/l2s/sidechains/ … for using ethereum security. I am not talking about the tx fee. Ethereum has still a long way to go. I believe sooner or later an algorithmic pricing for ether will come. Market traders shouldn’t have any say in ether price in long term, just some volatility.

    8. Well who’s idea was it to allow apps to be built on chain? Hey look we can make smart contracts… oh not that many STAHP

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