Close Menu
  • Home
  • Articles
  • Cryptocurrency
    • Market Analysis
    • Exchanges
    • Investment
  • Blockchain
    • Financial Market
    • Bank
    • Wallet
    • Payment
    • DeFi
    • Blockchain Platform
    • Supply Chain
    • DApps
  • Technology
    • Bitcoin
    • Ethereum
    • Other Currencies
  • Reports
    • Private Sector Report
    • Rating Report
    • Novice Tutorial
    • Interviews
    • Exclusive View
  • All Posts
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
BlockMediaBlockMedia
Subscribe
  • Home
  • Articles
  • Cryptocurrency
    • Market Analysis
    • Exchanges
    • Investment
  • Blockchain
    • Financial Market
    • Bank
    • Wallet
    • Payment
    • DeFi
    • Blockchain Platform
    • Supply Chain
    • DApps
  • Technology
    • Bitcoin
    • Ethereum
    • Other Currencies
  • Reports
    • Private Sector Report
    • Rating Report
    • Novice Tutorial
    • Interviews
    • Exclusive View
  • All Posts
BlockMediaBlockMedia
Home » Vitalik Buterin on Ethereum’s Early Design Flaws: EVM’s Wrong Criteria, Delayed Transition to PoS, and Insufficient Smart Contract Optimization
Ethereum

Vitalik Buterin on Ethereum’s Early Design Flaws: EVM’s Wrong Criteria, Delayed Transition to PoS, and Insufficient Smart Contract Optimization

By adminMay. 31, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Vitalik Buterin on Ethereum's Early Design Flaws: EVM's Wrong Criteria, Delayed Transition to PoS, and Insufficient Smart Contract Optimization
Vitalik Buterin on Ethereum's Early Design Flaws: EVM's Wrong Criteria, Delayed Transition to PoS, and Insufficient Smart Contract Optimization
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email

Ethereum founder Vitalik Buterin expressed some regrets about the initial design of Ethereum during his attendance at the ETH Berlin event last week. These regrets revolve around the development of the Ethereum Virtual Machine (EVM), smart contracts, and Ethereum’s proof-of-stake (PoS) mechanism.

EVM Development:
Buterin mentioned that the initial design of the EVM chose 256-bit processing instead of 64-bit or 32-bit. However, this design proved to be too complex for 256-bit and inefficient, leading to the generation of redundant data on the blockchain even for simple tasks. The EVM can be understood as a virtual computer running on the Ethereum network, capable of executing smart contracts and operating DApps.

Optimization of Smart Contracts:
Buterin also stated that early Ethereum developers should have focused on enabling developers to write smart contracts with less and easier code.

Transition to PoS Mechanism:
In addition, Buterin emphasized that Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) in 2022 should have happened earlier, marking a historic step for the platform.

Automatic Logging for Ethereum Transfers:
Buterin suggested that automatic logging for Ethereum transfers should have been present from the beginning.

Choice of Encryption Algorithm:
Lastly, Buterin expressed that if given the chance, he would have used SHA-2 instead of the current Keccak algorithm for encrypting Ethereum.

Despite these small design errors, Buterin acknowledged that it is inevitable for any project to encounter such situations.

Related Reports
Vitalik Buterin admits vulnerabilities in Ethereum L2 and Rollup, balancing decentralization and security.
Vitalik Buterin comments on AI: Enhancing human creativity is the most significant transformation; more focus on empowerment rather than replacement.
Vitalik Buterin’s latest article: Implementing wallet cross-L2 transactions and social recovery with ZK zero-knowledge proofs to enhance security and privacy.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleBreaking Records: Believing in Bitcoin, BlackRock’s IBIT ETF Reaches $20 Billion in Just 137 Days, Attracting Investments from Over 400 Institutions
Next Article Mastercard’s Ambitious Plan: Introducing Seamless Global “Online Cross-Border Payments” with P2P Virtual Currency Transfer Service in 14 Latin American and European Nations

Related Posts

Public Healthcare Company KindlyMD Completes $200 Million Convertible Bonds: Funds to Be Used for Increasing Bitcoin Holdings, Stock Price Declines Instead of Rising

Aug. 19, 2025

The Death Domino of BTC: What Happens When Treasury Companies Shift from “Diamond Hands” to Selling Pressure?

Aug. 19, 2025

Taiwanese Netizen Loses 1.5 BTC Due to Lost Private Key Despite Bitcoin Surge of 10 Times, Offers 360,000 TWD Reward for Recovery

Aug. 14, 2025
Don't Miss

Public Healthcare Company KindlyMD Completes $200 Million Convertible Bonds: Funds to Be Used for Increasing Bitcoin Holdings, Stock Price Declines Instead of Rising

By adminAug. 19, 2025

KindlyMD Expands Bitcoin Holdings with $200 Million Convertible Debt (Previous context: Revisitin…

SoftBank Invests $2 Billion in Intel; Trump Administration Reportedly Considering Acquisition of 10% Stake in Intel as a National Shareholder, Leading to After-Hours Surge

Aug. 19, 2025

The Death Domino of BTC: What Happens When Treasury Companies Shift from “Diamond Hands” to Selling Pressure?

Aug. 19, 2025

Bernstein: Bitcoin Bull Market Not Over, Targeting $200,000; Analyst Confirms $100,000 as the Bottom of This Cycle

Aug. 19, 2025
Our Picks

Public Healthcare Company KindlyMD Completes $200 Million Convertible Bonds: Funds to Be Used for Increasing Bitcoin Holdings, Stock Price Declines Instead of Rising

Aug. 19, 2025

SoftBank Invests $2 Billion in Intel; Trump Administration Reportedly Considering Acquisition of 10% Stake in Intel as a National Shareholder, Leading to After-Hours Surge

Aug. 19, 2025

The Death Domino of BTC: What Happens When Treasury Companies Shift from “Diamond Hands” to Selling Pressure?

Aug. 19, 2025

Bernstein: Bitcoin Bull Market Not Over, Targeting $200,000; Analyst Confirms $100,000 as the Bottom of This Cycle

Aug. 19, 2025
Latest Posts

Public Healthcare Company KindlyMD Completes $200 Million Convertible Bonds: Funds to Be Used for Increasing Bitcoin Holdings, Stock Price Declines Instead of Rising

Aug. 19, 2025

SoftBank Invests $2 Billion in Intel; Trump Administration Reportedly Considering Acquisition of 10% Stake in Intel as a National Shareholder, Leading to After-Hours Surge

Aug. 19, 2025

The Death Domino of BTC: What Happens When Treasury Companies Shift from “Diamond Hands” to Selling Pressure?

Aug. 19, 2025

Bernstein: Bitcoin Bull Market Not Over, Targeting $200,000; Analyst Confirms $100,000 as the Bottom of This Cycle

Aug. 19, 2025
About Us
About Us

BlockMedia, your comprehensive source for breaking blockchain news, in-depth analysis, and valuable resources. Unravel the blockchain revolution as it happens, with us.

Categories
© 2025 blockogmedia .

Type above and press Enter to search. Press Esc to cancel.