Benzinga - Vitalik Buterin, co-founder of Ethereum (CRYPTO: ETH), addresses the issue of Ethereum’s node centralization and suggests it could take up to two decades to find a perfect solution for this challenge.
As per Cointelegraph on Monday, Buterin highlights that the centralization of nodes is a significant issue for Ethereum. He advocates for making node operations more affordable and simpler.
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The Ethereum blockchain faces a potential centralized point of failure since the majority of its 5,901 active nodes are administered by centralized service providers like Amazon Web Services (AWS).
Buterin, while speaking at Korea Blockchain Week, emphasized that making it easier to run nodes was a vital part of ensuring Ethereum’s long-term decentralization.
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The six challenges is making it technically easier for people to run nodes and statelessness is one of the really important technologies in doing that right,” Buterin explained.
Statelessness refers to the elimination of dependence on centralized service providers for network activity verification. True decentralization can only be achieved when node operators can run Ethereum on inexpensive hardware, according to the Ethereum Foundation.
Despite its importance, Buterin admitted that these complex issues might not be addressed in the immediate future. “These technical problems will have to be addressed eventually — maybe a 10-year timescale, maybe a 20-year timescale,” he said.
In addition to emphasizing statelessness, Buterin highlighted the importance of improving documentation accessibility, reducing entry barriers to distributed staking, enhancing the security of staking, and generally simplifying the process of staking Ether.
Buterin asserted that the most urgent concern for Ethereum is achieving higher scalability levels. Zero-knowledge (ZK) rollups, which move computation and state storage off-chain to enhance throughput on the main Ethereum chain, are currently dominating Ethereum scaling protocols.
Photo by Alexey Smyshlyaev on Shutterstock.
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