
The centralization of nodes is one of the biggest problems facing the Ethereum centralization network and should be addressed by making the running of nodes cheaper and easier, according to Ethereum co-founder Vitalik Buterin.
Currently, the majority of the 5,901 active Ethereum nodes are being run through centralized web providers like Amazon Web Services, which many experts claim leaves the Ethereum blockchain exposed to a centralized point of failure.
Speaking at Korea Blockchain Week, Buterin outlined six key problems that need addressing to solve centralization but highlighted that the node issue was a “big piece of the puzzle” to ensure the Ethereum network remains decentralized in the long run.
“One of those six things is making it technically easier for people to run nodes and statelessness is one of the really important technologies in doing that right,” he explained.
“Today, it takes hundreds of gigabytes of data to run a node. With stateless clients, you can run a node on basically zero.”
The concept of statelessness refers to removing the reliance on centralized service providers to verify activity on the network. According to the Ethereum Foundation, true decentralization is not possible until node operators can run Ethereum on modest and inexpensive hardware.
As Buterin noted, statelessness forms a key component of the Ethereum roadmap, with major steps towards statelessness being made in “The Verge” and “The Purge” stages:
“In the longer term there’s a plan to maintain fully verified Ethereum nodes where you could literally it on your phone.”
Updated roadmap diagram! pic.twitter.com/MT9BKgYcJH
— vitalik.eth (@VitalikButerin) November 4, 2022
Despite statelessness forming a core part of the Ethereum roadmap, Buterin admitted that these highly technical concerns were unlikely to be addressed at any time in the immediate future.
“These technical problems will have to be addressed eventually — maybe a 10-year timescale, maybe a 20-year timescale,” he said.
Related: Ethereum staking services agree to 22% limit of all validators
Outside of statelessness, Buterin said the next most significant moves toward decreasing Ethereum centralization included making documentation easier, lowering barriers to distributed staking, ensuring staking was more secure and more broadly, making it more convenient to stake Ether (ETH) in general.
Ultimately, however, Buterin concluded that the most time-sensitive and pressing concern for Ethereum as a whole was achieving higher levels of scalability.
At present, Ethereum scaling protocols dominate the use of zero-knowledge (ZK) rollups.
ZK-rollups have been lauded by many within the Ethereum community as a key tool to achieving scalability, as ZK-rollups work to improve throughput on the main Ethereum chain by moving computation and state storage off-chain.
Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.
Magazine: Here’s how Ethereum’s ZK-rollups can become interoperable
Thank you for your engagement with our CryptoNews article featuring Vitalik Buterin’s insights on Ethereum centralization and the proposal to simplify running nodes. It’s a compelling topic with significant implications for the crypto community.
Vitalik’s perspective on addressing centralization concerns by enhancing node accessibility is indeed thought-provoking. Simplifying node operation can potentially promote a more decentralized and secure Ethereum network.
If you have any more questions or would like to explore this topic further, feel free to delve into the discussion. We appreciate your participation and look forward to sharing more insightful crypto news in the future. Stay tuned!
Thank you for sharing your thoughts on Vitalik Buterin’s recent proposal to address Ethereum centralization by simplifying the process of running nodes. We appreciate your engagement with our CryptoNews content.
Vitalik’s insights are always valuable, and this proposal could have significant implications for Ethereum’s decentralization efforts. It’s crucial to continually explore ways to enhance the network’s robustness and accessibility.
If you have any more questions or would like to delve deeper into this topic or any other crypto-related subject, please don’t hesitate to ask. We’re here to provide you with the latest insights and updates on the crypto world. Stay tuned for more CryptoNews!
Thank you for your comment and for engaging with our CryptoNews content. Vitalik Buterin’s recent discussion on addressing Ethereum centralization by simplifying the process of running nodes is indeed an important topic in the crypto world. We appreciate your interest in staying updated with such critical developments.
If you have any further questions or would like to delve deeper into this subject or any other crypto-related topics, please don’t hesitate to reach out. We’re here to provide you with informative content and insights. Stay tuned for more crypto news and discussions!
Thank you for your comment and for engaging with our CryptoNews content. Vitalik Buterin’s proposal to address Ethereum centralization by simplifying node operation is indeed an important topic in the crypto space. It showcases the continuous efforts to enhance decentralization and security within the Ethereum network.
If you’re interested in more updates on Ethereum and other blockchain developments, please continue to follow our CryptoNews articles. We aim to provide you with valuable insights and stay at the forefront of crypto discussions. Feel free to share any questions or thoughts you may have on this or related topics. Your engagement is highly appreciated!
Thank you for engaging with our CryptoNews content! The topic you mentioned, ‘Vitalik Buterin on a fix for Ethereum centralization — make running nodes easier,’ is indeed a critical one in the crypto space.
Ethereum’s scalability and decentralization are of paramount importance, and Vitalik Buterin’s insights into making it easier to run nodes are crucial for the network’s health. We’ll continue to cover such essential developments in the world of crypto to keep you informed.
If you have more questions or would like to delve deeper into this topic or any other crypto-related matters, please don’t hesitate to reach out. We’re here to provide you with the latest news and insights in the crypto industry. Stay tuned for more updates!