Ethereum Co-Founder Vitalik Buterin Publishes ‘Plausible Roadmap’ Addressing Scalability

Ethereum Co-Founder Vitalik Buterin Publishes 'Plausible Roadmap' Addressing Scalability

In recent times the Ethereum network has received a lot of criticism about the protocol’s data transfer fees and scalability. In a blog post called “Endgame,” published on December 6, the co-founder of Ethereum, Vitalik Buterin discussed plans to improve scaling, the upcoming proof-of-stake transition, and censorship resistance.

Buterin Outlines Plausible Ethereum Scaling Roadmap in Endgame Blog Post

Vitalik Buterin, the prominent co-founder of the Ethereum project, has outlined his thoughts about a “plausible roadmap” that could address the network’s scaling issues. The blog post dubbed “Endgame,” explains a few concepts like a “second tier of staking with low resource requirements,” and introducing fraud proofs or Zk-Snarks where ETH users can “cheaply” acquire block validity. The roadmap Buterin summarizes aims to improve the blockchain without giving up censorship resistance.

“What do we get after all of this is done? Buterin asks in his latest blog post. “We get a chain where block production is still centralized, but block validation is trustless and highly decentralized, and specialized anti-censorship magic prevents the block producers from censoring.” Buterin further adds:

It’s somewhat aesthetically ugly, but it does provide the basic guarantees that we are looking for: even if every single one of the primary stakers (the block producers) is intent on attacking or censoring, the worst that they could do is all go offline entirely, at which point the chain stops accepting transactions until the community pools their resources and sets up one primary-staker node that is honest.

Buterin Discusses an Ethereum Rollup-Centric Roadmap, Big Block Chains, and Cross-Domain MEVs

Buterin’s recent blog post follows the discussions that took place at the end of November when Ethereum developers talked about concepts such as EIP-4488. The plan could reduce data transfer costs five times less, and Ethereum developer Tim Beiko shared his thoughts on EIP-4488 and lowering the costs of rollups. In the Endgame blog post, Buterin also talked about leveraging rollups and this technology’s “possible long-term future.”

“Ethereum is very well-positioned to adjust to this future world, despite the inherent uncertainty,” Buterin stresses. “The profound benefit of the Ethereum rollup-centric roadmap is that it means that Ethereum is open to all of the futures, and does not have to commit to an opinion about which one will necessarily win.” Buterin further added:

Ethereum researchers should think hard about what levels of decentralization in block production are actually achievable. It may not be worth it to add complicated plumbing to make highly decentralized block production easy if cross-domain MEV (or even cross-shard MEV from one rollup taking up multiple shards) make it unsustainable regardless.

In terms of “big block chains” Buterin says “there is a path for them to turn into something trustless and censorship-resistant, and we’ll soon find out if their core developers and communities actually value censorship resistance and decentralization enough for them to do it.” Buterin’s blog post ends by saying that “it will likely take years for all of this to play out.”

“Sharding and data availability sampling are complex technologies to implement. It will take years of refinement and audits for people to be fully comfortable storing their assets in a ZK-rollup running a full EVM,” Buterin’s Endgame post concludes. “And cross-domain MEV research too is still in its infancy. But it does look increasingly clear how a realistic but bright future for scalable blockchains is likely to emerge.”

What do you think about Vitalik Buterin’s Engame blog post concerning scaling and possible roadmaps? Let us know what you think about this subject in the comments section below.

Virtual Metaverse Plots Outpace Top NFT Collection Sales, Play-to-Earn Tokens Surged in Value This Year

Virtual Metaverse Plots Outpace Top NFT Collection Sales, Play-to-Earn Tokens Surged in Value This Year

During the last seven days, virtual lands sold in the metaverse have outpaced a great number of non-fungible token (NFT) sales. Moreover, metaverse native crypto tokens like axie infinity, sandbox and decentraland and play-to-earn digital assets in general have jumped significantly in value this year.

Metaverse Properties Outpace NFT Collections — Play-to-Earn Tokens Rise


Following the meme-crypto hype, the decentralized finance (defi) trend, and the non-fungible token (NFT) craze, the metaverse has become a big deal. Essentially, a metaverse is a different version of the internet that supports virtual environments, items, collectibles, weapons, and sometimes play-to-earn features. Virtual worlds like Second Life, Minecraft, and Roblox can be considered iterations of the metaverse but in recent times, blockchain technology has entered the realm.

For instance, out of the $2.3 trillion crypto economy, $25 billion of it belongs to play-to-earn (P2E) digital assets. Axie infinity (AXS) is the largest P2E token in terms of market capitalization with a valuation of around $6.5 billion.

While AXS has lost 25% during the last week, AXS is up 20,824% year-to-date (YTD). The second largest P2E token is sandbox (SAND) with a $4.6 billion market valuation. SAND lost 32% this past week but has gained 11,597% YTD.

The third-largest market valuation in terms of P2E assets is decentraland (MANA) with a market cap of around $4.4 billion. MANA has lost 32% this week as well but has gained 3,693% YTD in USD value. Other top P2E tokens in terms of market cap size include gala (GALA), wax (WAXP), illuvium (ILV), and mobox (MBOX).

Staking Land in the Metaverse Can be Expensive — The Sandbox Captures $70M in Weekly Sales


In addition to metaverse and P2E tokens gathering massive value during the last year, in recent times land in the metaverse has been a hot commodity. Metrics from nonfungible.com indicate that the NFT market history for the last seven days shows The Sandbox has been the top contender. Sales stemming from The Sandbox metaverse saw more than $70 million in sales during the last seven days.

Virtual Metaverse Plots Outpace Top NFT Collection Sales, Play-to-Earn Tokens Surged in Value This Year

That’s about $10 million more than the sales produced by the Bored Ape Yacht Club (BAYC) NFT collection which saw $59 million. Moreover, The Sandbox sales are much larger than the Cryptopunks NFT collection sales which captured $17 million last week. The virtual reality platform powered by the Ethereum blockchain, Decentraland has seen the sixth largest number of weekly sales with $6.6 million last week.

The biggest sales on Decentraland were land plots and estates worth between $289K to $758K. While The Sandbox outpaced Decentraland sales, land plots sold for much lower values as land exchanged hands this past week for $44K to $68K per plot. However, virtual land adjacent to Snoop Dogg’s Sandbox estate recently sold for $450K in ethereum. The average USD price for The Sandbox metaverse products during the last week was $15K across more than 4,400 sales.

What do you think about the metaverse and P2E tokens gaining a lot of value this year? What do you think about all the metaverse land sales? Let us know what you think about this subject in the comments section below.