Title | Ethereum Lays Out Plans for Next-Generation Blockchain | |
Date | Wednesday November 29 2017, @05:27PM | |
Author | Fnord666 | |
Topic | ||
from the blockchain++ dept. |
Ethereum Founder Unveils Roadmap For Next-Gen Blockchain
At the "Beyond Block" conference in Taipei, Ethereum's founder, Vitalik Buterin, unveiled the plans for "Ethereum 2.0," the next-generation version of Ethereum.
[...] [The] network's rapid growth in recent years has [revealed] a few major issues within the network. According to Buterin, there are currently three major problems that need to be solved to push the Ethereum network to the next level: privacy, consensus safety, smart contract safety, and perhaps the biggest of them all: scalability.
[...] The Ethereum developers have already taken steps to address [anonymity] by implementing the same zero-knowledge proof privacy technology used by Zcash in a recent upgrade. The technology should enable distributed apps (such as voting apps, for instance) to have mathematically provable anonymity.
Buterin said that the privacy issue should be 75% solved already at the network-level, with the remaining 25% to be solved by apps that work on top of Ethereum which would need to actually implement those privacy features.
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printed from SoylentNews, Ethereum Lays Out Plans for Next-Generation Blockchain on 2024-05-15 02:09:49