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Vitalik Buterin Outlines Ethereum’s EVM Plans in The Splurge

In a recent article titled "The Possible Future of the Ethereum Protocol (Part 6: The Splurge)," Ethereum co-founder Vitalik Buterin outlined his ambitious goals for advancing the Ethereum ecosystem. He emphasized the importance of achieving a high-performance and stable "final state" for the Ethereum Virtual Machine (EVM), which is crucial to the protocol's functionality. Buterin aims to enhance the user experience and security by implementing account abstraction and improving the transaction fee system. He also expressed interest in exploring advanced cryptography to improve Ethereum's long-term performance. To address the challenges in implementing these improvements, Buterin introduced the EVM Object Format (EOF), a core component of Ethereum's upcoming hard fork. This new code format is expected to make the EVM more efficient and compatible with complex cryptographic functions, ultimately pushing Ethereum towards a more efficient, secure, and scalable future. However, Buterin noted that certain advancements, such as indistinguishability obfuscation and quantum computing, are still impractical or in early stages of development. He highlighted the potential of integrating advanced cryptography with Ethereum's application layer to revolutionize its protocols, proof-of-stake systems, and privacy, while maintaining established security assumptions for stability in the core Ethereum layer.

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