DeFi Daily News
Friday, May 9, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi Web 3

Vitalik Buterin explains how Ethereum’s Verge can integrate blockchain nodes into smartwatches, according to Coin Media

News Room by News Room
October 23, 2024
in Web 3
0 0
0
Vitalik Buterin explains how Ethereum’s Verge can integrate blockchain nodes into smartwatches, according to Coin Media
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article

Ethereum co-founder Vitalik Buterin has laid out further plans to improve the blockchain’s Proof-of-Stake (PoS) system through a new upgrade called “The Verge.”

In a blog post published on Oct. 23, Buterin explained that while running an Ethereum node is technically possible on a standard laptop, the current system’s data requirements make it impractical for many users.

Operating a node demands hundreds of gigabytes of data to verify blocks, and this data grows by about 30 GB each year. These high storage needs restrict the number of users who can run fully verifying nodes on Ethereum.

Buterin’s proposed Verge update addresses this challenge by introducing “stateless client verification,” which allows devices to validate blockchain data without storing the entire dataset locally.

He explained:

“The Verge is about changing this, and making fully-verifying the chain so computationally affordable that every mobile wallet, browser wallet, and even smartwatch is doing it by default.”

The Verge

Initially, “The Verge” focused on adopting Verkle trees, a data structure that facilitates more compact proofs and enables the stateless verification of Ethereum blocks.

However, the scope has since broadened. The update now aims to make Ethereum verification more resource-efficient by combining stateless validation techniques and advanced cryptographic proofs like SNARKs (Succinct Non-Interactive Arguments of Knowledge).

SNARKs allow one party to prove they hold certain information without disclosing the details, making it possible to verify complex transactions swiftly on-chain. Buterin believes this technology could enable Ethereum’s blockchain to be verified on small devices like smartwatches, expanding the potential for widespread participation in the network.

Stateless verification, in particular, eliminates the need for nodes to store all blockchain data. Instead, each block would include a “witness” containing the essential data and cryptographic proofs needed to validate the block.

This shift toward stateless clients is crucial, as it reduces storage demands and accelerates blockchain performance. This would improve the overall user experience while lowering the barriers to running Ethereum nodes, making solo staking much more accessible.

To implement these changes, Buterin proposes replacing Ethereum’s current state structure, known as the Merkle Patricia tree, with either Verkle trees or STARKed binary hash trees. While STARKs serve a similar function to SNARKs, they offer additional benefits in terms of scalability and security, helping Ethereum overcome some of the limitations of its existing proof systems.

Mentioned in this article. DeFi Daily News

Conclusion

As Ethereum continues to evolve and improve its infrastructure, the introduction of “The Verge” upgrade represents a significant step towards enhancing the blockchain’s efficiency and accessibility. Vitalik Buterin’s vision for stateless client verification and the integration of advanced cryptographic proofs like SNARKs promise to revolutionize how Ethereum nodes operate and make blockchain verification more inclusive.

By reducing storage requirements and streamlining the validation process, Ethereum is poised to attract a wider user base, including those utilizing mobile wallets and smartwatches. The potential for widespread adoption and participation in the network is now within reach, thanks to the innovative technologies being implemented through “The Verge.”

Overall, the future looks brighter for Ethereum as it paves the way for a more scalable, secure, and user-friendly blockchain ecosystem. With ongoing developments like “The Verge,” Ethereum is positioned to maintain its status as a leading platform for decentralized applications and smart contracts, offering exciting possibilities for the cryptocurrency community at large.



Source link

Tags: blockchainButerincoinEthereumsExplainsIntegratemediaNodesSmartwatchesVergeVitalik
ShareTweetShare
Previous Post

How Ethereum’s Verge Can Extend Blockchain Nodes to Smartwatches: Insights from Vitalik Buterin

Next Post

IDF: Hezbollah’s next leader killed in Lebanon strike | LiveNOW from FOX

Next Post
IDF: Hezbollah’s next leader killed in Lebanon strike | LiveNOW from FOX

IDF: Hezbollah's next leader killed in Lebanon strike | LiveNOW from FOX

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title with good SEO Best Crypto Presales Tapping Into the Stablecoin Boom

rewrite this title with good SEO Best Crypto Presales Tapping Into the Stablecoin Boom

April 6, 2025
Setting Up OpBNB RPC Nodes: Step-by-Step Guide to Creating an opBNB Node for Free Using Moralis Web3 API

Setting Up OpBNB RPC Nodes: Step-by-Step Guide to Creating an opBNB Node for Free Using Moralis Web3 API

June 27, 2024
rewrite this title Gate Dubai Secures Full VARA VASP Licence for Crypto Exchange Services

rewrite this title Gate Dubai Secures Full VARA VASP Licence for Crypto Exchange Services

April 29, 2025
Moralis Web3: Enterprise-Grade Crypto PnL API for Tracking Wallet Profit & Loss

Moralis Web3: Enterprise-Grade Crypto PnL API for Tracking Wallet Profit & Loss

July 24, 2024
Telegram Updates FAQ on Moderating Unlawful Content

Telegram Updates FAQ on Moderating Unlawful Content

September 6, 2024
China’s Plan to Destroy the Dollar (And It’s Kind of Working)

China’s Plan to Destroy the Dollar (And It’s Kind of Working)

April 14, 2025
rewrite this title and make it good for SEO’Too large, too big, too aggressive’: Jamie Dimon wasn’t on board with Trump’s tariff approach

rewrite this title and make it good for SEO’Too large, too big, too aggressive’: Jamie Dimon wasn’t on board with Trump’s tariff approach

May 9, 2025
rewrite this title Celestica: AI Needs It, The Market Doesn’t Know It (NYSE:CLS)

rewrite this title Celestica: AI Needs It, The Market Doesn’t Know It (NYSE:CLS)

May 9, 2025
rewrite this title Threads adds dashboard to better explain post and account restrictions

rewrite this title Threads adds dashboard to better explain post and account restrictions

May 9, 2025
rewrite this title Pakistan Super League matches moved to UAE amid tensions with India

rewrite this title Pakistan Super League matches moved to UAE amid tensions with India

May 9, 2025
rewrite this title Treasury Secretary Bessent Blasts Senate for Blocking GENIUS Stablecoin Bill – Decrypt

rewrite this title Treasury Secretary Bessent Blasts Senate for Blocking GENIUS Stablecoin Bill – Decrypt

May 9, 2025
rewrite this title and make it good for SEOAltice USA, Inc. (ATUS) Q1 2025 Earnings Call Transcript

rewrite this title and make it good for SEOAltice USA, Inc. (ATUS) Q1 2025 Earnings Call Transcript

May 9, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

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
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.