Ethereum

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/buterin-proposes-new-plan-for-ethereum-storage-issues" data-wpel-link="internal" rel="noopener noreferrer nofollow">Buterin Proposes New Plan for Ethereum Storage Issues</a><br></p>
<p style="text-align: justify">Vitalik Buterin, a prominent figure in the Ethereum community, has laid out a strategic plan to tackle the network’s escalating data storage challenges. In an article dated October 26, Buterin introduced a solution called “The Purge,” designed to alleviate the burden of excessive data on Ethereum.</p>
<h2 style="text-align: justify" id="strong-how-does-the-purge-work-strong"><strong>How Does “The Purge” Work?</strong></h2>
<p style="text-align: justify">According to Buterin, the current storage requirement for running a node is around 1.1 terabytes, a figure he believes can be reduced significantly. He proposed that not all historical data need be stored by each node, suggesting that if 100,000 nodes each kept only 10% of the historical data, the overall data load could be effectively managed while maintaining necessary redundancy.</p>
<h2 style="text-align: justify" id="strong-what-are-the-benefits-of-this-roadmap-strong"><strong>What Are the Benefits of This Roadmap?</strong></h2>
<p style="text-align: justify">The benefits of “The Purge” include a reduction in operational costs for node operators and the potential for a more scalable network. Additionally, Buterin mentioned that the increasing size of account balances, contract codes, and storage will be controlled to prevent the ongoing rise in storage demands for users.</p>
<ul style="text-align: justify">
 <li>Proposed reduction of node storage requirements.</li>
 <li>Improved cost-effectiveness for node operation.</li>
 <li>Increased scalability and security for the Ethereum network.</li>
</ul>
<p style="text-align: justify">This initiative marks the fifth part of Buterin’s ongoing discourse on Ethereum’s future sustainability. He emphasized the importance of establishing a clear path to ensure Ethereum remains viable and secure in the long term, asserting that these strategies are vital for achieving the platform’s scalability and stability.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/buterin-proposes-new-plan-for-ethereum-storage-issues" data-wpel-link="internal" rel="noopener noreferrer nofollow">Buterin Proposes New Plan for Ethereum Storage Issues</a></h5>

Buterin Proposes New Plan for Ethereum Storage Issues

Table of Contents

BH NEWS

Other articles published on Oct 27, 2024

Altcoin seasons ‘will be weaker’ moving forward, says analyst

Jamie Coutts Predicts Bitcoin’s Potential Growth by 2025

Wall Street giants head to Saudi for investment conference amid regional tensions

Top Economist: Ethereum Lags Behind, This Altcoin Already Outpaces It!

Charles Hoskinson Leads Bitcoin’s DeFi Revolution with 2025 Education Project

Experts say Sui is not a threat to Solana, but this new altcoin could be

Join our free newsletter for daily crypto updates!