- Ethereum needs a positive approach toward staking centralization
- Staking needs transforming to address issues with mining and staking pools
- A voting system will do away with the need of hard forks in the future
In a recent interview with Defiant, a DeFi and NFT platform, Ethereum co-founder Vitalik Buterin discussed the future of the Ethereum Mainnet and a few upcoming upgrades. His comments provoked backlash from the Cardano community, more specifically from ecosystem founder Charles Hoskinson.
A positive approach to staking centralization
When asked about the future roadmap of Ethereum, Vitalik Buterin shared that the Ethereum team realized it needed a positive approach toward “staking centralization” this year. He conceded that Ethereum staking needs transforming to address issues with mining pools and staking pools.
According to him, dealing with these issues will improve decentralization. The challenge lies in the fact that data accessibility is more difficult to achieve in the off-chain systems due to high near- and mid-term demands.
No need for hard forks in the future?
Buterin also shared that the data map space would be adjusted to 16 MB per slot in the context of the next Ethereum upgrade, Danksharding or EIP 4844. Setting parameters and attributes will be the only hard work left once the upgrade is done.
The Ethereum Mainnet’s Dencun Upgrade, which is expected in 2024, will move the blockchain in the direction of scalable settlement according to a report by Goldman Sachs, cited by Bankless Times.
Buterin claimed implementing a voting system would do away with the need of hard forks in the future.
Criticism from the Cardano community
Cardano supporters pounced on Buterin on X immediately after the interview. Cardano founder Charles Hoskinson tweeted sarcastically that “Ethereum 3 will solve it all.” This happened even though Buterin praised the Unspent Transaction Output (UTXO) model, which Cardano and Bitcoin use. The Ethereum Mainnet uses an account-based model.
In response to a comment by a Cardano supporter, Hoskinson said his ecosystem would never get the recognition it deserves from Vitalik or the Ethereum team. He added that the cofounder of Ethereum was rediscovering something Cardano has been working on for more than ten years.
