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Vitalik Buterin expressed: A state-of-research document showing the technical challenges to moving Ethereum to single-slot (~16 seconds) finality, and some paths to solving them
Community Response: On an only semi-related note, would love to discuss what the Dead Address is in the context of DeFi / Reflections.
I am working on trying to understand the Dead Address in the context of complex DeFi. Thoughts?
What are you trying to understand? Isn’t the dead address just a normal address for which it’s unlikely that anyone has the private keys? What makes you think there is more to it?
There is WAY more to it. See the start of my exploration below:
We are barely over 3 years into DeFi. No one, let me stress this, NO ONE fully understands the implications of “weird DeFi” and complex, dynamic, Tokenomics. We do not even yet fully understand what the 0x000000000000000000000000000000000000dead address really is.
So, you’re asking a philosophical question, not a technical one. Correct?
No. Profoundly practical. Just might need Calc 5 or 6 to pose or answer it (far beyond my data science, grad stats, Calc 1 math). The Dead Address is NOT static in the context of DeFi and it has force/time distorting properties on supply curves and price action.
Dude, you always say everything, but about WEN ETH 2.0 will be coming out. You can’t be serious about standing with poor investors when they can’t even afford to pay the gas fees. Not every token can build a layer 2. Come on Billionaire Vitalik Buterin, use your power and make it happen?
ETH 2.0 doesn’t change fee. Use a L2 they are already here.
Wake up, the only reason he likely to post technical stuff is that he knows people won’t understand them – pretending to be smart.
Basically, there is no such thing as Ethereum 2.0 if there was there wouldn’t be Matic and other solutions do you think Matic will die after Ethereum 2.0. Vitalik knows Ethereum doesn’t work anymore and he can’t hard fork it again to do one more network split like Ethereum Classic.
You definitely have to fix ETH gas fees – It’s insanity!
Interesting read indeed, if I read that correctly, it seems like there needs to be foresight on how best to incorporate your next gen wallet idea to these concepts particularly a function that can call back from an attacker – their actions if exceeding users $ lock.
It’s not good for 2.0 to be released in a bear market. It’s going to be released just in time when crypto market is fresh
Vitalik! What have you done! You took “sinking to the new levels of strangeness” into entirely new level!
These are the notes that say $10k ETH is programmed, right? Simulated quantum computer seller Vitalik Buterin turned into 21st century equivalent of perpetual motion machine seller; the PoS blockchain with 16 second “finality”
All I can say is, it must be, i.e., challenging because all the “Ethe killers” are breaking-down and sputtering. I’ve come to see the huge challenge and how you can’t sacrifice sect, not to mention decentralization, for speed. I feel my gut decision to go w E. and VB is correct.
Sometimes it feels like the research is moving so fast that having roadmaps that are too long term are at the risk of being obsolete before we get there.
Hey Vitalik! It is Pump time, We are not Memes Coins. We are real Ethereum Celta Vigo Fan Token. Soon to the moon on Uniswap.
