The co-founder of Ethereum, Vitalik Buterin, has proposed a hypothetical proposal of a “large blockchain” that is trustless and censorship-resistant yet indefinitely accompanies some of the frequent trade-offs when it comes to block generation, titled “Endgame.”
Vitalik Buterin, the co-founder of Ethereum, has proposed a hypothetical “huge blockchain” that is trustless and censorship-resistant while indefinitely accompanying some of the common trade-offs when it comes to block generation, named “Endgame.”
Aesthetically Unpleasant To achieve a system
Buterin outlined a number of implementations, including the addition of the second tier of staking, the introduction of fraud proofs/ZK-SNARKS, data availability, and supplementary transaction channels. A system that included all of the aforementioned ideas would offer basic infrastructure, but the executive believes it would still be inadequate. “somewhat aesthetically ugly.”
In fact, rollup implementations like Arbitrum, Optimism, Zksync, and StarkNet would provide a similar consequence to centralized block creation. Buterin indicated that single roll-ups will fail to hold nearly half of Ethereum’s activity and will instead be limited to a few hundred transactions per second.
Despite the fact that a multi-rollup future for Ethereum would provide decentralised validation, effective censorship resistance, and potentially distributed block generation, there is one hitch. The executive claimed that the decentralisation of block manufacturing would not persist long and mentioned the prospect of cross-domain MEV.
He added, “There are several benefits to being able to construct the next block on many domains at the same time: you can create blocks that use arbitrage opportunities that rely on making transactions in two rollups, or one rollup and the main chain, or even more complex combinations.”
Buterin argued that in a multi-domain environment, there are “strong forces toward the same people controlling block production on all domains.” While such a scenario is speculative, it is not wholly implausible. In short, regardless of the path a blockchain takes, centralization is a factor that will continue to arise.
Protocol-level methods such as committee validation, data availability sampling, and bypass channels are used to “control” the market. These procedures would ensure that no players abused their power.
In terms of Ethereum, the co-founder believes that the network’s “deep benefit” of a rollup-centric roadmap suggests that it is “open to all of the futures.” Furthermore, there is no requirement for the blockchain to “commit to an opinion.”
Buterin stated in a memo to ETH researchers that it is critical to have a clear knowledge of what levels of decentralisation in block production are realistic. He finished by stating that implementing intricate plumbing may not be advantageous if cross-domain MEV renders it unsustainable.