Vitalik Buterin Proposes RISC-V for Ethereum’s Virtual Machine

Ethereum co-founder Vitalik Buterin has proposed replacing the Ethereum Virtual Machine (EVM) with the RISC-V processor architecture, aiming to enhance its scalability and efficiency. This proposal maintains backward compatibility for existing users, ensuring that their contracts remain operational without immediate disruption. 🤯 However, this shift promises significant market implications: reduced transaction fees as a potential consequence of the change.