• Trending
  • Comments
  • Latest
FBI nabs Nigerian ‘tech queen’ Sapphire Egemasi in multi-million dollar fraud scheme

FBI arrests Nigerian ‘tech queen’ Sapphire Egemasi in $1.3M heist targeting U.S. government

06/05/2025 - Updated On 06/17/2025
Bitcoin ETF Flows surge as Fidelity, ARK & BlackRock attract $667M in one day

Bitcoin ETF Flows surge as Fidelity, ARK & BlackRock attract $667M in one day

05/20/2025
Just In: LastPass Hackers Strike Again Ahead of Christmas, Losses Near $45M

New York Post X account hacked in high-profile breach, triggers cybersecurity scrutiny

05/05/2025
Polygon Discord Channel Hacked, Throws Crypto Community in Turmoil

Polygon Discord Channel Hacked, Throws Crypto Community in Turmoil

2
Bitcoin reclaims $107,000 as Iran-Israel ceasefire cools market tensions

Bitcoin reclaims $107,000 as Iran-Israel ceasefire cools market tensions

2

Hello world!

1
Vitalik Buterin unveils ‘pluralistic identity’ to combat privacy risks in Ethereum digital IDs

Vitalik Buterin unveils ‘pluralistic identity’ to combat privacy risks in Ethereum digital IDs

06/28/2025
Tokenized Stocks in the EU Just Went Live

Tokenized stocks in the EU go live as Gemini launches crypto-equity crossover

06/28/2025
Stablecoin venture capital deals hit record high as institutional investors rush in

Stablecoin venture capital deals skyrocket to all-time high as institutions invest $5B

06/28/2025
  • Trending
  • Comments
  • Latest
FBI nabs Nigerian ‘tech queen’ Sapphire Egemasi in multi-million dollar fraud scheme

FBI arrests Nigerian ‘tech queen’ Sapphire Egemasi in $1.3M heist targeting U.S. government

06/05/2025 - Updated On 06/17/2025
Bitcoin ETF Flows surge as Fidelity, ARK & BlackRock attract $667M in one day

Bitcoin ETF Flows surge as Fidelity, ARK & BlackRock attract $667M in one day

05/20/2025
Just In: LastPass Hackers Strike Again Ahead of Christmas, Losses Near $45M

New York Post X account hacked in high-profile breach, triggers cybersecurity scrutiny

05/05/2025
Polygon Discord Channel Hacked, Throws Crypto Community in Turmoil

Polygon Discord Channel Hacked, Throws Crypto Community in Turmoil

2
Bitcoin reclaims $107,000 as Iran-Israel ceasefire cools market tensions

Bitcoin reclaims $107,000 as Iran-Israel ceasefire cools market tensions

2

Hello world!

1
Vitalik Buterin unveils ‘pluralistic identity’ to combat privacy risks in Ethereum digital IDs

Vitalik Buterin unveils ‘pluralistic identity’ to combat privacy risks in Ethereum digital IDs

06/28/2025
Tokenized Stocks in the EU Just Went Live

Tokenized stocks in the EU go live as Gemini launches crypto-equity crossover

06/28/2025
Stablecoin venture capital deals hit record high as institutional investors rush in

Stablecoin venture capital deals skyrocket to all-time high as institutions invest $5B

06/28/2025
Sunday, June 29, 2025
  • Login
The Bit Gazette
  • Home
  • News
  • Crypto
  • Expert Analysis
  • Finance
  • Tech
  • Sponsored Articles
  • Contact
No Result
View All Result
The Bit Gazette
No Result
View All Result
Home Crypto

Vitalik Buterin Aims to Simplify Ethereum, Citing Bitcoin’s “Beautifully Simple” Design

Ethereum Co-Founder Unveils Five-Year Plan to Streamline Protocol

by Jeremiah Musa
2 months ago
in Crypto, Tech, Trending Stories
Reading Time: 3 mins read
0
Vitalik Buterin Aims to Simplify Ethereum, Citing Bitcoin’s "Beautifully Simple" Design

Vitalik Buterin Aims to Simplify Ethereum, Citing Bitcoin’s "Beautifully Simple" Design

Share on FacebookShare on Twitter

In a bold move to reduce complexity, Ethereum co-founder Vitalik Buterin announced a five-year plan to simplify the blockchain’s protocol, taking inspiration from Bitcoin’s straightforward architecture. On May 3, 2025, Vitalik Buterin published a blog post titled “Simplifying the L1,” where he praised Bitcoin’s elegance and outlined major upgrades to make Ethereum more efficient and user-friendly.

The proposed changes include a 3-slot finality consensus system and replacing the Ethereum Virtual Machine (EVM) with RISC-V, a move that could boost efficiency by 100 times. Vitalik Buterin emphasized that while Ethereum has grown in functionality, its increasing complexity poses risks to security and adoption.

Why Vitalik Buterin Wants Ethereum to Be More Like Bitcoin

Buterin described Bitcoin’s design as “beautifully simple”—a quality he believes Ethereum should strive for.

“Bitcoin’s strength lies in its minimalism. It does one thing well: it is a decentralized ledger. Ethereum, on the other hand, has evolved into a multi-layered ecosystem, which, while powerful, has become harder to audit and optimize,” he wrote.

The Bitcoin bill veto by several governments in recent years has reinforced the need for blockchain simplicity, as regulatory scrutiny grows. Vitalik Buterin’s plan aims to make Ethereum more resilient to such challenges by adopting a leaner, more secure infrastructure.

Key Changes in Ethereum’s Simplification Plan

  1. 3-Slot Finality Consensus

    • Replaces Ethereum’s current proof-of-stake (PoS) mechanism with a faster, more predictable finality model.

    • Reduces confirmation times while maintaining security.

  2. Transition to RISC-V Architecture

    • Replaces the EVM with RISC-V, a streamlined, open-source instruction set.

    • Could improve execution speed by 100x, making Ethereum more scalable.

  3. Reduction in Smart Contract Complexity

    • Encourages developers to write simpler, more efficient code.

    • Minimizes attack vectors and reduces gas fees.

      Bitcoin and Ethereum ETFs Witness Record-Breaking $3.12 Billion Inflows
      Vitalik Buterin Aims to Simplify Ethereum, Citing Bitcoin’s “Beautifully Simple” Design

Vitalik Buterin acknowledged that these changes won’t happen overnight. “This is a five-year vision. We need to ensure backward compatibility while moving toward a cleaner design,” he stated.

How This Affects Bitcoin and Crypto Users

The Bitcoin bill veto debates have highlighted the importance of simplicity in blockchain design. By adopting a more Bitcoin-like approach, Ethereum could become more appealing to regulators and institutional investors.

Buterin’s focus on efficiency also benefits Bitcoin holders who interact with Ethereum, such as through wrapped Bitcoin (WBTC) or DeFi protocols. A faster, simpler Ethereum means lower costs and fewer risks for cross-chain transactions.

Will Ethereum’s Changes Succeed?

While the plan has been met with enthusiasm, some developers worry about the challenges of overhauling Ethereum’s core infrastructure. Critics argue that Bitcoin’s simplicity comes at the cost of functionality, something Ethereum was built to expand upon.

However, Vitalik Buterin remains confident. “We don’t need to sacrifice innovation for simplicity. We can have both—a secure, scalable, and easy-to-understand blockchain,” he wrote.

Final Take: Is A Simpler Future for Ethereum Imminent?

The Bitcoin bill veto movement has pushed blockchain projects to rethink their designs. Vitalik Buterin’s vision aligns with this shift, prioritizing security and usability over unchecked complexity.

If successful, Ethereum could emerge as a more Bitcoin-like network—streamlined, efficient, and ready for mass adoption. For now, the crypto community watches closely as one of the biggest blockchain upgrades takes shape.

By embracing Bitcoin’s “beautifully simple” philosophy, Ethereum may finally overcome its biggest hurdle: its own complexity. Get the latest updates from The Bit Gazette.

Tags: BitcoinethereumVitalik Buterin
Share199Tweet124
Jeremiah Musa

Jeremiah Musa

Jeremiah Musa lives and breathes storytelling. For over 12 years, he's chased breaking news, crafted hard-hitting features, and built content strategies that cut through the noise. These days, you'll find him leading the charge at The Bit Gazette, where he oversees a team of writers digging into the biggest stories in crypto. Based in Dubai's fast-moving fintech scene, Jeremiah has a knack for translating complex blockchain concepts into sharp, engaging content. He's just as comfortable breaking down a Bitcoin whitepaper as he is explaining market moves to newcomers. Before diving into crypto, he cut his teeth in traditional financial journalism, covering everything from emerging markets to regulatory shakeups. What keeps him up at night? Finding the human angle in every tech story. When he's not editing copy or prepping PR campaigns, he's probably arguing about the future of Web3 over karak chai or hunting down Dubai's best shawarma.

  • Trending
  • Comments
  • Latest
FBI nabs Nigerian ‘tech queen’ Sapphire Egemasi in multi-million dollar fraud scheme

FBI arrests Nigerian ‘tech queen’ Sapphire Egemasi in $1.3M heist targeting U.S. government

06/05/2025 - Updated On 06/17/2025
Bitcoin ETF Flows surge as Fidelity, ARK & BlackRock attract $667M in one day

Bitcoin ETF Flows surge as Fidelity, ARK & BlackRock attract $667M in one day

05/20/2025
Just In: LastPass Hackers Strike Again Ahead of Christmas, Losses Near $45M

New York Post X account hacked in high-profile breach, triggers cybersecurity scrutiny

05/05/2025
Polygon Discord Channel Hacked, Throws Crypto Community in Turmoil

Polygon Discord Channel Hacked, Throws Crypto Community in Turmoil

2
Bitcoin reclaims $107,000 as Iran-Israel ceasefire cools market tensions

Bitcoin reclaims $107,000 as Iran-Israel ceasefire cools market tensions

2

Hello world!

1
Vitalik Buterin unveils ‘pluralistic identity’ to combat privacy risks in Ethereum digital IDs

Vitalik Buterin unveils ‘pluralistic identity’ to combat privacy risks in Ethereum digital IDs

06/28/2025
Tokenized Stocks in the EU Just Went Live

Tokenized stocks in the EU go live as Gemini launches crypto-equity crossover

06/28/2025
Stablecoin venture capital deals hit record high as institutional investors rush in

Stablecoin venture capital deals skyrocket to all-time high as institutions invest $5B

06/28/2025
The Bit Gazette

Copyright © 2025 - The Bit Gazette.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Crypto
  • Expert Analysis
  • Finance
  • Tech
  • Sponsored Articles
  • Contact

Copyright © 2025 - The Bit Gazette.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?