Ethereum co-founder Vitalik Buterin has announced new strategies aimed at enhancing the network’s security and scalability. The upcoming updates will emphasize “hard invariants” to further strengthen the network’s performance and protection. Over the past few years, Ethereum has introduced significant updates such as EIP-2929 and EIP-3529 in 2021, which increased the cost of SLOAD operations and reduced refunds, thereby improving security. The planned 2024 “Denken” update will restrict the SELFDESTRUCT function to mitigate potential risks.
By 2025, Ethereum intends to set a gas limit of 16,777,216 per transaction to limit the executable size of individual transactions or blocks. This measure aims to reduce the risk of denial-of-service (DoS) attacks and simplify client operations. Additionally, Buterin has proposed limits on code byte access, ZK-EVM prover cycles, and memory pricing. As the world’s second-largest cryptocurrency and a key platform for smart contracts and decentralized applications, enhancing Ethereum’s network security is crucial for benefiting both users and developers. Given the technical complexities and the network’s growing popularity, security challenges remain significant, making these updates vital for Ethereum’s resilience.
These initiatives are expected to play a pivotal role in making the Ethereum network more secure and efficient in the coming years, thereby solidifying its position in the cryptocurrency industry.
Source: binance
