Justin Drake, a researcher at the Ethereum Foundation, has introduced a proposal called “Lean Ethereum”.
The goal is to prepare Ethereum
$3,608.12
for a future where quantum computers could pose a threat, while also making the network simpler and easier to manage.
One of the main ideas is to use a virtual machine powered by zero-knowledge proofs. These proofs allow people to confirm that certain data is correct without showing the data itself.
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In Ethereum’s case, this would help secure smart contract operations without revealing sensitive details. This method is also designed to protect against future quantum-based attacks.
To reduce the storage needed on the blockchain, Drake suggests using data availability sampling. This process checks small, random sections of a block rather than the full block. If the samples are correct, the whole block is assumed to be valid.
This makes it faster and cheaper for nodes to verify blocks, which can help more users run their own nodes without needing large amounts of storage.
For the consensus part of the network, Drake proposes switching to a RISC-V framework, a basic set of instructions used by computers.
Because it is simpler than other systems, it is easier to check for errors or hidden security issues. It could also make Ethereum’s core code easier to maintain and understand.
Core developers at Ethereum recently announced plans to release a new network upgrade called Fusaka. What does the upgrade include? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
