{"id":156141,"date":"2025-05-04T17:55:35","date_gmt":"2025-05-04T14:55:35","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=156141"},"modified":"2025-05-04T18:02:40","modified_gmt":"2025-05-04T15:02:40","slug":"best-crypto-to-buy-now-as-vitalik-buterin-channels-bitcoin-to-redesign-ethereum","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/best-crypto-to-buy-now-as-vitalik-buterin-channels-bitcoin-to-redesign-ethereum\/","title":{"rendered":"Best Crypto to Buy Now as Vitalik Buterin Channels Bitcoin to Redesign Ethereum"},"content":{"rendered":"

News<\/a> of Ethereum\u2019s co-founder Vitalik Buterin revisiting core principles\u2014drawing inspiration from Bitcoin\u2014has sparked discussion. His proposed redesign simplifies Ethereum\u2019s architecture, potentially improving security, decentralization, and developer experience.<\/p>\n

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This back-to-basics approach, echoing Bitcoin\u2019s minimalist philosophy, could lead to a more resilient and efficient network.<\/p>\n

The impact extends beyond ETH. A shift of this scale influences the broader crypto ecosystem\u2014from Layer-2 solutions to Web3 wallets and even meme coins tied to Ethereum\u2019s evolution.<\/p>\n

In a market where clarity matters, the best crypto to buy now may be those positioned to benefit from Ethereum\u2019s streamlined, scalable future.<\/p>\n

Vitalik Buterin Proposes Major Overhaul to Simplify Ethereum\u2019s Architecture<\/span><\/h2>\n

Ethereum co-founder Vitalik Buterin is designing new architectures and protocol-wide standards to simplify, speed up, and make Ethereum more manageable.<\/p>\n

Taking cues from Bitcoin\u2019s minimalistic architecture, Buterin is streamlining Ethereum\u2019s Base Protocol (Layer 1) for enhanced network efficiency, security, and usability.<\/p>\n

In a May 3 blog entry titled Simplifying the L1, Buterin described his vision for the future of Ethereum, proposing that within five years, the network might be as straightforward as Bitcoin. He stressed that simplicity is key to Ethereum\u2019s long-term stability and scalability.<\/p>\n

Ethereum\u2019s technical intricacies have resulted in bloated development cycles, and the team has attempted to simplify these through updates like Proof of Stake (PoS) and zero-knowledge succinct non-interactive arguments of knowledge (zk-SNARKs).<\/p>\n

Still, Buterin feels this is merely the beginning. His suggested changes involve implementing a 3-slot finality to make consensus easier, thereby removing complicated parts such as epochs, sync committees, and validator shuffling.<\/p>\n

Further, he aims to simplify network coordination by adopting straightforward fork-choice rules and scalable transparent argument of knowledge (STARK)-based aggregation protocols to decentralize the system.<\/p>\n

On the execution layer, Buterin proposes transitioning from the Ethereum Virtual Machine (EVM) to a more ZK-friendly virtual machine, such as RISC-V. This shift could offer up to 100x performance improvements for zero-knowledge proofs while greatly simplifying the protocol.<\/p>\n

Buterin also advocates for protocol-wide standardization, recommending the adoption of a single erasure coding method, serialization format (favoring SSZ), and tree structure to reduce redundant complexity and streamline Ethereum\u2019s infrastructure and tooling.<\/p>\n

\u201cSimplicity, in many ways, mirrors decentralization,\u201d Buterin wrote. He suggested setting a \u201cmax line-of-code\u201d target, similar to Tinygrad\u2019s approach, to ensure that consensus-critical logic remains lean and auditable.<\/p>\n

At the LONGITUDE by Cointelegraph event on May 2, Alex Svanevik, CEO of Nansen, commented on Ethereum\u2019s declining dominance among Layer 1 blockchain networks. \u201cIf you\u2019d asked me 3\u20134 years ago whether Ethereum would dominate crypto, I\u2019d have said yes,\u201d Svanevik noted. \u201cBut now, it\u2019s clear that\u2019s not the case.\u201d<\/p>\n

Best Crypto To Buy Now<\/span><\/h2>\n

As Ethereum rethinks its foundations, the crypto market is watching closely. Vitalik Buterin\u2019s latest proposal\u2014a leaner, Bitcoin-inspired architectural shift\u2014could redefine not only Ethereum\u2019s future but also the entire DeFi landscape. For investors, the question isn\u2019t just about upgrades; it\u2019s about which best crypto to buy now is poised to thrive in this next phase of blockchain evolution.<\/p>\n

Ethereum<\/h3>\n

Vitalik Buterin\u2019s call for Ethereum simplification echoes Bitcoin\u2019s minimalism\u2014ushering in a leaner, more efficient future. As the network trims complexity, Ethereum\u2019s utility grows stronger. It\u2019s more than just a redesign\u2014it\u2019s Ethereum reclaiming its focus as Web3\u2019s foundational force.<\/p>\n

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Being the second-largest blockchain, Ethereum has made its own way to being the second most traded cryptocurrency since its inception in 2015 by Vitalik Buterin.<\/p>\n

Ethereum offers an open-source software platform that runs on a blockchain spread across several computers around the globe, making it decentralized. The network facilitates transactions, smart contracts, and decentralized applications (dApps) using its native cryptocurrency, Ether.<\/p>\n

Although Bitcoin and Ethereum are similar in the sense of keeping transaction history, what is unique about Ethereum is that its network can facilitate developers to make and deploy decentralized applications (dApps) onto the blockchain.<\/p>\n

In technical terms, it is currently trading at around $1,824 with a market cap of $220.37 billion, positioning it in 2nd place. However, over the past 24 hours, it has been declining, creating an opportunity for potential buyers to benefit from the dip.<\/p>\n

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In a new development, a researcher at the Ethereum Foundation named Dankrad Feist proposed a proposal (EIP-9698) which would raise the gas limit 100 times and the blockchain\u2019s transactions per second (TPS) to 2000.<\/p>\n

The new EIP-9698 would increase the gas limit to 3.6 billion from 36 million, allowing up to 6000 transactions per block and setting Ethereum to dominate over its rivals.<\/p>\n

One of the famous crypto YouTubers, Cilinix Crypto<\/a>, has predicted a pump in Ethereum next week.<\/p>\n