Vitalik Buterin Proposes Lean Ethereum Upgrade With Zero-Knowledge Validator Privacy
- Investing
Crystal Kim- 0
- 20 minutes read
Published
Vitalik Buterin has proposed a Lean Ethereum upgrade that uses zero-knowledge proofs and STARKs to improve scalability. | Credit: CCN.com
Key Takeaways
- Vitalik Buterin has proposed a “Lean Ethereum” consensus upgrade to reduce the Beacon Chain’s state requirements.
- The proposal could enable Ethereum to scale to millions of validators by moving much of today’s validator accounting and balance calculations off-chain.
- A new privacy model would re-anonymize validators every day, making it far harder to link deposits, staking activity, and withdrawals.
Giuseppe Ciccomascolo began his career as an investigative journalist in Italy, where he contributed to both local and national newspapers, focusing on various financial sectors.
Upon relocating to London, he worked as an analyst for Fitch’s CapitalStructure and later as a Senior Reporter for Alliance News. In 2017, Giuseppe transitioned to covering cryptocurrency-related news, producing documentaries and articles on Bitcoin and other emerging digital currencies. He also played a pivotal role in establishing the academy for a cryptocurrency exchange website. Crypto remained his primary area of interest throughout his tenure as a writer for ThirdFloor.
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