And just like that Crypto markets have started rallying again as Crude Oil prices have moderated and Ethereum’s transition to Proof of Stake is getting closer.
At the Ethereum Community Conference in France Thursday, Vitalik shared his vision for future developments well beyond the network’s move to proof of stake. After the merge, which is very close “the only thing left to do is do a merge on Ropsten [test network],” Ethereum will then undergo further upgrades which he calls the “surge,” “verge,” “purge,” and “splurge,”
https://www.youtube.com/embed/kGjFTzRTH3Q
The surge refers to the addition of Ethereum sharding, which will help scale the base layer.
The verge will implement “Verkle trees” (a type of mathematical proof) and “stateless clients.” These technical upgrades will allow users to become network validators without having to store extensive amounts of data on their machines.
The purge: trying to actually cut down the amount of space you have to have on your hard drive, trying to simplify the Ethereum protocol over time and not requiring nodes to store history.
The splurge will include all the other fun stuff.
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