This Ethereum Update Is Critical for Future, Vitalik Buterin Explains

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Ethereum could be on verge of substantial update it really needed

is gearing up for an important update that could make it safer from potential threats posed by quantum computing. This update is focused around a new proposal called EIP-7702, which was put forward by Vitalik Buterin. This proposal is an improvement over an earlier one, addressing some specific technical issues related to signing processes that were seen as limitationsHowever, a major topic of discussion in the community is the actual threat of quantum computing.

Vitalik Buterin has been proactive in addressing these concerns in the past. Since 2017, he has been developing codes for wallets that are resistant to quantum attacks, which can be seen in his public work on GitHub. His approach includes focusing on advanced cryptographic methods, known as STARK protocols. These are seen as a promising defense against quantum attacks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum (ETH) Price Takes Hit as Major Holder Allegedly Cashes OutEthereum (ETH) allegedly dumped by Ethereum Foundation, again
Source: Utoday_en - 🏆 295. / 63 Read more »

'Ethereum Will be Fine': Solana Cofounder Reacts to Ethereum FUDSolana's Anatoly Yakovenko offers reassuring stance amid concerns over Ethereum's future trajectory
Source: Utoday_en - 🏆 295. / 63 Read more »

Solana could flip Ethereum in transaction fees within a week: ReportSolana could surpass Ethereum in transaction fees soon, challenging its “Ethereum-killer” status.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Ethereum, Solana, Ripple on the Brink of Critical Breakouts: How to Trade ThemMarket Analysis by Investing.com (Günay Caymaz) covering: BTC/USD, ETH/USD, XRP/USD, Solana. Read Investing.com (Günay Caymaz)'s Market Analysis on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Ethereum Wallets to Undergo Major Update by 2024-2025The upcoming Ethereum wallet update is expected to revolutionize the user experience and introduce new functionalities, including the ability to recover lost keys. The update is set to launch by the end of 2024 or early 2025.
Source: Utoday_en - 🏆 295. / 63 Read more »

Crypto Market Update: Ethereum's March Towards $3,600This article analyzes the recent price movements of Ethereum and its potential to bounce back from recent declines. Breaking through the $3,600 barrier is crucial for Ethereum to maintain positive momentum.
Source: hackernoon - 🏆 532. / 51 Read more »