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 <p class="is-style-lead">Ethereum co-founder Vitalik Buterin has released an updated roadmap for the network’s plans in 2024.</p>
 <p>Buterin shared the roadmap on Dec. 30 in a series of posts on X, where he confirmed it will only include minor changes from the previous year.</p>
 <p>The six main <a rel="noopener noreferrer nofollow" title="focuses" href="https://thebittimes.com/tag/focuses.html">focuses</a> for Ethereum (ETH) in 2024, as outlined by Buterin, include the merge, the Surge, the Scourge, the Verge, the Purge, and the Splurge.</p>
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    <p lang="en" dir="ltr">By popular demand, an updated roadmap diagram for 2023! pic.twitter.com/oxo58A2KuG</p>— vitalik.eth (@VitalikButerin) December 30, 2023
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 <p>The Merge, a major element of the roadmap, aims to maintain a straightforward and robust proof-of-stake (PoS) consensus. This element was highlighted in 2022 when it led to the integration of the Ethereum mainnet and the Beacon Chain proof-of-stake blockchain.</p>
 <p>Following this integration, Ethereum transitioned from a power-intensive proof-of-work (PoW) consensus mechanism to PoS, significantly reducing the network’s overall energy consumption.</p>
 <p>The roadmap also highlighted Ethereum’s <a rel="noopener noreferrer nofollow" title="focus" href="https://thebittimes.com/tag/focus.html">focus</a> on single-slot finality (SSF), a concept designed to ensure that changes to blocks on a blockchain cannot be reversed without burning at least 33% of the total staked ETH.</p>
 <p>Buterin also detailed how the Scourge priority would become more <a rel="noopener noreferrer nofollow" title="focus" href="https://thebittimes.com/tag/focus.html">focus</a>ed on combating economic centralization in Ethereum, particularly regarding MEV and liquid stake pooling.</p>
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 <h2 class="wp-block-heading" id="strong-buterin-to-make-eth-cypherpunk-again-strong"><strong>Buterin to make ETH cypherpunk again</strong></h2>
 <p>Recently, as reported by crypto.news, Buterin shared plans to reincorporate the original principles of the “cypherpunk” revolution into blockchain.&nbsp;</p>
 <p>The Ethereum CEO originally envisioned the network as a universally accessible, decentralized hard drive utilizing peer-to-peer communication and file storage. However, starting in 2017, Ethereum’s <a rel="noopener noreferrer nofollow" title="focus" href="https://thebittimes.com/tag/focus.html">focus</a> began to shift toward financial applications, according to Buterin.</p>
 <p>In the future, he hopes to revive the quintessential “cypherpunk” ideals, such as decentralization, open participation, resistance to censorship, and trustworthiness.</p>
 <p>Buterin also noted that recent advancements like rollups, zero-knowledge proofs, account abstraction, and second-generation privacy solutions align well with Ethereum’s original values.</p>
 <p>Despite minor setbacks and challenges, his updated 2024 vision for Ethereum points towards an optimistic future, with analysts like Raoul Pal forecasting a potential price rise for ETH of up to $5,300.</p>
 <h2 class="wp-block-heading" id="strong-eth-price-to-blow-in-2024-strong"><strong>ETH price to blow in 2024?</strong></h2>
 <p>From Pal’s perspective, Ethereum’s price is poised for a significant uptrend. It isn’t a random prediction—Pal has grounded it in the liquidity indicator, a key tool that analysts leverage to forecast the potential price shifts of assets.&nbsp;</p>
 <p>While the Real Vision co-founder injected a note of caution, reminding crypto investors that his forecasts aren’t guaranteed, he exhibited an undeniable bullish outlook for Ethereum.</p>
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 <p>Pal further pointed out the potential impact of exchange-traded funds (ETFs) on Ethereum’s progress. He postulated that the introduction of a Bitcoin spot ETF could set the stage for an Ethereum ETF, revitalizing the Ethereum ecosystem in the process.</p>
 <p>Pal’s outlook was shared by analysts at CryptosRUs, who predicted a surge in ETH’s growth starting in Q1 2024.</p>
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    <p lang="en" dir="ltr">Over the past few weeks, we have seen rotations of capital through several crypto ecosystems, including #CosmosEcosystem , #Solana, #Injective, #BRC20s, and #Avalanche.<br><br>In today's #<a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a>, I am going to explain why I believe Ethereum will be the next ecosystem to see explosive… pic.twitter.com/XdFxqzkbUP</p>— CryptosRUs Analysis (@CRUAnalysis) December 26, 2023
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 <p>According to the analysts, ETH’s upward trajectory will be fueled by factors such as positive market sentiment, the seasonality of ETH and Bitcoin (BTC), and the forthcoming Dencun upgrade.</p>
 <p>In November, IntoTheBlock reported that over 75% of Ethereum addresses were profitable at a time when ETH was priced at $2,200. The market intelligence platform also stated that only about 22.5% of Ethereum addresses experienced unrealized losses, with close to 1.17% at the break-even point.</p>
 <p>Ethereum’s network activity also saw significant rises, with the number of new addresses on the network spiking by about 17.5% and active addresses seeing a boost of roughly 23%.</p>
 <p>Furthermore, Ethereum addresses without ETH balances also surged by around 74%, while the number of Ethereum addresses with ETH balances is on a steadily ascending trajectory.</p>
 <p>Over the past 30 days, the average count of Ethereum addresses was approximately 102.72 million—more than double the number for Bitcoin.</p>
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Vitalik Buterin’s new proposal would cut Ethereum’s security
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/vitalik-buterin-reveals-6-main-focuses-for-ethereum-in-2024-tbt75248.html">https://thebittimes.com/vitalik-buterin-reveals-6-main-focuses-for-ethereum-in-2024-tbt75248.html</a></p>

Vitalik Buterin reveals 6 main focuses for Ethereum in 2024

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