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Vitalik outlines 2030 year Ethereum’s new “Beyond Blockchain” architecture

PANews September 27 reports, according to CoinDesk,Ethereum co-founder Vitalik Buterin said that he envisions 2030 year’s Ethereum relying more on cryptographic proofs and off-chain computation to process transactions, rather than having every node in the network repeat the same computations. Under this approach, the blockchain would primarily store and verify proofs, allowing users to independently verify results more efficiently while enhancing privacy protection for payments, balances, and wallet activity. Vitalik said this transition will accelerate after the planned Hegotá upgrade, but developers must still substantially reduce the cost of generating proofs and safely coordinate parallel workflows to achieve a structural upgrade in network scalability and privacy. PANews reported earlier today that Vitalik said: Hegota may be Ethereum’s last “conventional” upgrade, after which...

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