EthCC 5: Notes from the Major Ethereum (ETH) Conference Before “The Merge”

The fifth Ethereum Community Conference was held in Paris. At the conference, Ethereum founder Vitalik Buterin talked about the interesting details of the software update, which is expected to be completed in September.

The Ethereum Community Conference, which took place for the fifth time recently, is in Paris. attracted great attention. The most striking statements at the conference with more than 200 speakers Ethereum CEO Vitalik ButerinIt came from For about 1 hourThe MergeTalking about the details of the ” update, Vitalik touched on these topics in his speech:

  • With this update, Ethereum will not only be more scalable, but also will be able to run at lower latency.
  • Who will execute the next block/chain on the Ethereum blockchain will not be known until the block is processed and securely closed. architecture of this network. will provide extra security.
  • With The Merge update, you will have the chance to contribute to the validation of an Ethereum block even if you are not a validator. This process Proof of Stake (proof of share) will be possible. To be a validator hundreds of gigabytes of disk space You will not have a burden. by vitality “this is perfect for decentralization”.
  • The Merge is actually located on your hard drive and is reserved for verifying Ethereum blocks. load of memory cache will greatly reduce and an extra retrospective record will not require holding. In this way, the network and validators will be freed from another burden.

According to Ethereum founder Buterin, the highly anticipated Etherum 2.0 Merge update will expand the Ethereum network. safer, faster and and more decentralized will make a place.

According to the statements of Vitalik Buterin Merger update once completed, the roadmap can only be “55% complete” will be.

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