Vitalik Buterin Proposes Simplified Ethereum Protocol for Increased Efficiency

Ethereum co-founder Vitalik Buterin has proposed simplifying the protocol to enhance network efficiency, security, and accessibility, drawing inspiration from Bitcoin’s minimalist design. In a blog post titled ‘Simplifying the L1,’ published on May 3rd, he outlined a vision to restructure Ethereum’s architecture across consensus, execution, and shared components. Buterin emphasized that simplicity is crucial for Ethereum’s resilience and long-term scalability, suggesting the network could become as straightforward as Bitcoin within five years. )