Ethereum founding partner Vitalik Botter, the existing Ethereum Virtual Machine (EVM) structure used for the basic operations of the network, presented a new proposal to the application of open source RISC-V architecture. The aim of the proposal is to increase the working efficiency of smart contracts in the network and to solve solutions to scalability problems.
Ethereum suggestion
The current EVM plays a central role in the development of Ethereum and the harmony of other platforms. Thanks to this structure, many Blockchain and Layer-2 solutions can work compatible with applications in the Ethereum ecosystem. RISC-V architecture is considered to be a technically different alternative with its features such as established encryption support and increase in transaction efficiency.
Butter, the transition to RISC-V can provide significant improvements in the efficiency of the Ethereum Working layer, indicating that one of the basic scaling bottlenecks in the system can be resolved.
Vitalik Botterin: “The transition to RISC-V will greatly increase the efficiency of the Ethereum work layer, and will solve one of the scaling bottlenecks and improve the simplicity of the system.”
The fact that EVM had a decisive effect in the Ethereum ecosystem for many years has provided continuity in the current applications of the network and connected Layer-2 solutions. For this reason, the proposed structure change can lead to controversy on application compatibility and developer transition processes.
Ethereum Future
It is foreseen that the new architecture may decrease in the costs of the network and increase technical efficiency. Although RISC-V is accepted in other projects, the potential to find a wide application area on the Ethereum platform is remarkable. In the long run, developers are expected to address this transformation, while technical difficulties and potential benefits are interesting.
Ethereum’s recent transaction volume decreases and the decline in price performance have caused the platform to re -evaluate the competitiveness. The leadership change in the Ethereum Foundation was among the steps to eliminate the uncertainties of the future of my ecosystem.
The proposal offers an alternative to the development of the existing technical infrastructure and making the network more efficient. Developers and community members are in the process of evaluating this proposal within the scope of long -term projects and the innovations to be brought by technical transformation are evaluated.
This development is seen as part of the technical improvement efforts to make Ethereum a more robust place in the competitive environment. It is considered that the implementation of the proposal may lead to potential changes in the general functioning of the network and may be guiding for future projects.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
