Ethereum co-founder Vitalik Buterin announced on May 3, 2025, a five-year plan to simplify Ethereum’s protocol, calling the Bitcoin network “beautifully simple” in his blog post “Simplifying the L1,” as he aims to make Ethereum easier to understand and more secure for users holding bitcoin and other cryptocurrencies. Buterin proposed a simpler consensus system with 3-slot finality and replacing the Ethereum virtual machine with RISC-V to boost efficiency by 100 times, hoping to mirror Bitcoin’s straightforward design while tackling Ethereum’s growing complexity.
Vitalik Buterin Wants to Make Ethereum as 'Beautifully Simple' as Bitcoin
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