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Breaking: Vitalik Buterin Releases “Updated Ethereum Roadmap”

Vitalik Buterin releases an updated Ethereum roadmap with a new phase "The Scourge" and focuses on censorship-resistant and quantum proofs.
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Breaking: Vitalik Buterin Releases “Updated Ethereum Roadmap”

Ethereum co-founder Vitalik Buterin on Saturday shared an updated Ethereum roadmap. With the Merge successfully completed, the next phases are Surge, Scourge, Verge, Purge, and Splurge.

The big changes include The Verge is about “verification,” not just “verkle trees”; the endgame will be a fully SNARKed Ethereum; the new phase “The Scourge”, which ensures reliable and fair credibly neutral transaction inclusion, solve MEV issues; and a single slot finality as stage 2 Merge milestone.

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Ethereum Co-Founder Vitalik Buterin Updates Ethereum Roadmap

Ethereum co-founder Vitalik Buterin in a  series of tweets on November 5 announces an updated Ethereum roadmap. Especially, Ethereum roadmap now has another phase called “The Scourge” which focuses on ensuring reliable and fair credibly neutral transaction inclusion. Also, it looks to solve centralization and censorship risks that came after the Merge as Ethereum switches to proof-of-stake.

The Verge will bring “verkle trees” that stores a larger amount of data in a smaller proof, allowing a smaller node size. Now, the phase also has “verification” to make verifying blocks super easy with SNARKs.

Furthermore, each category has more specific milestones. As a necessary part of the “endgame” protocol, the role of quantum proofs will be more explicit.

Updated Ethereum Roadmap. Source: Vitalik Buterin

Ethereum’s rising censorship has become a big concern after 51% of Ethereum blocks comply with OFAC standards. In the last 24 hours, the minting of OFAC-compliant blocks has reached 73%, as per mevWatch data.

With the “The Scourge” phase, Vitalik Buterin looks to solve MEV issues. Buterin has even shared some proposals such as “partial block auctions” to mitigate Ethereum censorship. He believes “partial block auctions” can decentralize block production, constraining the power of builders. Moreover, adopting a non-censoring MEV-Boost relay will ensure the neutrality of Ethereum.

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Ethereum (ETH) Price Rises Above $1650

Ethereum price picks momentum yesterday after the U.S. released October jobs data. The unemployment rate increased to 3.7% against the expected 3.6%.

At the time of writing, Ethereum price is trading at $1652, up over 4% in the last 24 hours. The 24-hour low and high for Ethereum are $1,569 and $1,661, respectively. Meanwhile, Bitcoin price also saw a massive price recovery touching a high of $21,446.

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Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

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