Verkle Trees Upgrade to Boost Ethereum, Aims for Stateless Validator Clients
Summary:
Ethereum co-founder, Vitalik Buterin anticipates that the implementation of Verkle Trees will boost Ethereum's protocol by introducing "stateless validator clients", enabling staking nodes to function with minimal disk space and instant synchronization. Outlined as a key part of the development process in late 2022, Verkle Trees form a vital segment of Ethereum's roadmap. The tech upgrade is expected to improve data storage, reduce node size, and deliver sustained advantages to the Ethereum network. This development will foster greater decentralization of the network, allowing new nodes to join and sync with the network almost instantly.
Vitalik Buterin has affirmed that individual Ethereum stakers and network nodes could greatly profit through the impending implementation of Verkle Trees. As co-founder of Ethereum, Buterin has praised the upcoming tech upgrade to the Ethereum's protocol via a recent social media post. He anticipates that Verkle Trees will introduce the concept of "stateless validator clients", thus allowing staking nodes to perform with almost negligible disk space and providing instant synchronization.
Buterin had previously defined a five-tiered, systematic process to upgrade the smart contract blockchain to what he dubbed as the Ethereum's "endgame". This approach was proposed following the successful activation of the Beacon Chain in September 2022, marking Ethereum's switch to a proof-of-stake consensus. Verkle Trees were identified as a vital component of the roadmap laid by Buterin in late 2022. He encapsulated the ongoing development process in five key terms – The Merge, Surge, Verge, Purge and Splurge, each depicting a different milestone in the project's development.
Verkle Trees, which fall under the "Verge" stage of the Ethereum's roadmap, are intended to enhance data storage and reduce the size of nodes. The technical specifications of Verkle Trees were outlined by Buterin in the Ethereum Improvement Proposal document published in 2022. Much like Merkle trees that summarize all transactions in a block, providing data proof for a user verifying its genuineness, Verkle Trees streamline proof size. In the structure of Verkle Trees, nodes use a kind of hash known as vector commitment that is transferred to sub-nodes, bringing about sustained, significant advantages for the Ethereum network.
Verkle Trees aim to deliver statelessness to Ethereum, which would mean that nodes validating blocks wouldn't have to maintain the Ethereum “state” anymore. By allowing for reduced proof sizes contained within each block of the Ethereum blockchain, Verkle Trees enable nodes to authenticate any block using the data stored inside the block itself. The adoption of Verkle Trees is predicted to introduce various new functional capacities, including a decrease in hardware requirements to operate Ethereum nodes, thereby fostering greater decentralization of the network. Additionally, new nodes could join the network almost instantly, syncing swiftly with the network.
Published At
2/19/2024 12:06:31 PM
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