Ethereum's big reinvention šŸ”¹

Vitalik Buterin has unveiled the roadmap for Ethereum's biggest overhaul since the Merge saw the network move to proof-of-stake.

šŸ“ What you need to know

Ethereum is gearing up for its biggest overhaul since 2022’s Merge. Co-founder Vitalik Buterin released a roadmap to ā€œLean Ethereum,ā€ billed as the third major iteration of the network that will replace ā€œalmost every major piece of the protocolā€ over the coming years.

Big changes include the use of recursive STARKs to verify a compact cryptographic proof of the chain rather than having every node re-execute every transaction, as well as simpler consensus and multidimensional gas pricing.

But the headline concerns are those around quantum security and privacy. Buterin pushed preparation for Q-Day up the agenda, with work on quantum-resistant ā€œblobsā€ already months along, and defined privacy as a ā€œfirst class goalā€ for the network.

With the Ethereum Foundation having recently cut its staff and tightened its budget, it’s a doubly lean Ethereum that sets off on Buterin’s roadmap.

šŸ“° In the News

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šŸ“Š Myriad Insight of the Day

Norway vs England: World Cup quarterfinal
Norway 24%Draw 27%52% England
   
Why it matters
England beat Mexico 3-2 at Estadio Azteca Sunday while Norway stunned Brazil 2-1 courtesy of a late Haaland brace—the striker's 6th and 7th goals of the tournament—to reach their first-ever quarterfinal, per ESPN. Kane's late winner gave him 6 goals in the competition, one behind Haaland in the Golden Boot race. Norway's 24% is up from ~15 before Brazil; the draw slid 47%.
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