Vitalik Buterin’s ‘Degen Communism’ and his vision for reducing Ethereum technical debt

Ethereum co-founder Vitalik Buterin spent April Fools’ Day writing both serious and playful content about the Ethereum website and his personal blog. Across the two positions, he championed protocol simplifications and efficiency improvements while exploring thought-provoking ideas about the future of political and economic systems in an increasingly digital world.

In his more serious post, Buterin detailed the latest hard fork, Dencun, which introduced a series of protocol simplifications as part of the section of the Ethereum roadmap called “The Purge.” This effort aims to streamline Ethereum’s code base, reduce technical debt, and improve the platform’s overall performance. Notable changes include reducing the SELFDESTRUCT opcode’s functionality, introducing a limited save window for blobs, and potentially removing rarely used precompiles.

These simplifications are expected to make Ethereum client development and infrastructure building more straightforward, paving the way for increased decentralization and efficiency. Buterin highlighted other examples of “purification” efforts, such as the Geth client dropping support for pre-merger Proof-of-Work networks and an EIP that eliminates the need to handle “empty accounts.” In addition, the Dencun hard fork introduced an 18-day storage window for blobs, significantly reducing the storage requirements for Ethereum nodes.

Another area targeted for simplification is precompiles, which are Ethereum contracts implemented directly by clients. As Buterin noted, precompiles such as RIPEMD-160, Identity, BLAKE2, and MODEXP were rarely used to obtain consensus errors and challenges for new EVM implementations. The Ethereum community is considering either removing these precompiles entirely or replacing them with equivalent EVM code.

EIP-4444, which removes the requirement for each Ethereum node to store all historical blocks indefinitely, is set to significantly increase the network’s node centralization. Under this proposal, entities such as block explorers would store the entire history, while peer-to-peer protocols could be used to store and distribute historical data more efficiently.

Buterin also discussed a proposed LOG reform to remove bloom filters and simplify the LOG opcode. This change will pave the way for separate protocols using zero-knowledge proofs and incrementally verifiable computation to generate provably correct “log trees” for applications that require decentralized access to logs.

The Ethereum execution layer will also transition from RLP and Merkle Patricia tree formats to the more efficient SimpleSerialize (SSZ) format already used by the consensus layer. This shift will streamline Ethereum’s cryptographic data structures, potentially leading to a single SNARK-friendly hash binary Merkle tree in the long run.

April Fools’ Day food for thought from Vitalik

While these technical improvements are crucial to Ethereum’s long-term success, Buterin also explored more unconventional ideas about the future of society in the digital age. In a thought-provoking April 1 post titled “Degen Communisme: The Only Correct Political Ideology,” Buterin proposed a new ideology that embraces the chaos and risk-taking of the Internet while aligning incentives with the common good.

While the post is undoubtedly an April Fool’s joke on the surface, it raises some interesting questions about the future of political and economic systems in an increasingly digital and decentralized world.

Central to this concept is the idea of ​​”chaos with a purpose,” which suggests that instead of suppressing the volatility and unpredictability of markets and social media, we should harness these forces to drive innovation and progress. Buterin suggests various mechanisms to redirect the benefits of this chaos into public goods and protect vulnerable individuals from its disadvantages.

Although “degen communism” is far from a full-fledged political ideology and is not meant to be taken entirely seriously, it highlights the need for innovative thinking to address the complex social and economic issues of the 21st century. By embracing change and experimentation while prioritizing equality and social welfare, we can be better equipped to navigate the challenges and opportunities of the digital age.

As Ethereum evolves, Buterin’s vision for the platform and the broader digital landscape demonstrates a commitment to both technical excellence and social responsibility. The ongoing efforts to simplify and improve Ethereum’s protocol, combined with thought-provoking ideas about the future of society, demonstrate blockchain technology’s potential to drive positive change on multiple fronts.

While some of the ideas proposed in Buterin’s April Fools’ post, such as the Harberger tax on intellectual property and “proof of stake” schemes for immigration, may seem radical or impractical, it serves as a reminder that addressing of the challenges of this century will require. bold, innovative thinking. As the Ethereum community works to build a more efficient, secure and decentralized platform, it is imperative to consider the broader implications of these technological advances and their potential to shape the future of society.

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