Ethereum co-founder Vitalik Buterin shared the next steps in improving the Ether blockchain.
Ethereum co-founder Vitalik Buterin published his notes on the next step in improving the Ether chain. The Purge involves simplification of the Ethereum blockchain and reduction in the load on nodes in the ETH network. ETH price declined nearly 3% on the day. Buterin focuses on reducing the resource load on the blockchain and simplifying the Ethereum protocol. ETH price lost 3% on Monday, trading at $3,556.
The Merge laid the foundation for the Purge by executing the EIP-6780, an Ethereum Improvement Proposal that eliminated most of the Self Destruct functions. The Merge, therefore, reduced the burden of the Purge, and the protocol can now limit the costs of network participation, following the simplification track. A historical block would mean a block older than a year, and nodes would have the option to choose not to store the historical data.
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