Vitalik Buterin, who co-founded Ethereum, has revealed his bullish perspectives for the new year, which include passing a new checkpoint for roll-up growth as indicated by Ethereum’s roadmap.
The Ethereum alumni also validated rumors about the EIP (Ethereum Improvement Protocol) 4884 launch, setting it for later in 2023. The protocol was previously removed from the approaching pack scheduled for March 2023.
Buterin’s tweet came as a response to a Balaji Srinivasan (former Coinbase CTO) post from the last day of 2022. The post asked people about their 2023 bullish thoughts. The Ethereum co-founder declared that his hopes involve a certain milestone from Ethereum’s roadmap, namely, reaching basic roll-up scaling.
He went on to explain that this milestone signifies EIP-4884 being rolled out. Related to The Surge, the proposal was expected at first to come in the same package as the rest of the Shanghai upgrades. EIP-4844 is expected to showcase ‘proto-danksharding’ which will lead to The Surge’s scalability being seriously improved. This should happen before a major Sharding update, which is scheduled to be implemented late in 2023.
He described the roll-up upgrades as being similar to taking off the training wheels of a training bike, prior to the project entering Stage 1, where a method for verifying transactions must be present. This method should be validity- and fraud-proof and able to reject transactions not allowed by smart contracts and accept those that are allowed. There should also be a security council capable of overseeing the process.