Ethereum

<ul>
 <li><em>Ethereum’s updated roadmap focuses on compatibility and redesigning key elements.</em></li>
 <li><em>Criticisms arise over Ethereum’s emphasis on Layer 2 scaling.</em></li>
</ul>
<p>Despite the uncertainty in the crypto markets, <a href="https://ambcrypto.com/search/Ethereum" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">Ethereum[ETH]</a> has consistently been dedicated to making developments on its network. These developments usually follow along a roadmap that has been laid out by Vitalik Buterin and his team.</p>
<p>This roadmap serves as a guiding framework for the continuous development of the Ethereum network.</p>
<h4>New directions for Ethereum</h4>
<p>The latest amendments to Ethereum’s roadmap bring attention to crucial enhancements. The role of single slot finality (SSF) in post-Merge Proof-of-Stake (PoS) improvement takes center stage, offering a glimpse into the network’s future direction.</p>
<p>For context, Single Slot Finality (SSF) means quickly and securely confirming transactions in just one time slot on the Ethereum blockchain.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">By popular demand, an updated roadmap diagram for 2023! <a href="https://t.co/oxo58A2KuG" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/oxo58A2KuG</a></p>
 <p>— vitalik.eth (@VitalikButerin) <a href="https://twitter.com/VitalikButerin/status/1741190491578810445?ref_src=twsrc%5Etfw" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">December 30, 2023</a></p>
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<h4>Looking at the finer details</h4>
<p>Furthermore, Ethereum is placing importance on long-term enhancements by working on making different parts of its technology compatible and interconnected.</p>
<p>These updates signal Ethereum’s commitment to refining its infrastructure and improving scalability. The roadmap aims to address technical intricacies, making Ethereum more robust and interoperable.</p>
<p>While these changes bring promises of a more sophisticated network, the question arises of whether these updates impact Ethereum in the long run.</p>
<p>The commitment to single-slot finality and advancements in tree structures could potentially enhance transaction speed. It would also impact the efficiency of the network.</p>
<h4>Some critiques</h4>
<p>However, not all sentiments were unanimously positive. Justin Bons, founder of Cyber Capital, voiced a critique that resonates with concerns about Ethereum’s focus on Layer 2 (L2) scaling.</p>
<p>According to Bons, the roadmap lacks a clear emphasis on Layer 1 (L1) scaling, arguing that Ethereum is pushing users toward custodian L2s, which may introduce censorship vulnerabilities.</p>
<p>This critique underscores a philosophical divergence in approach, with Bons advocating for a unified shelling point through L1 scaling.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">1/8) The roadmap released by <a href="https://twitter.com/VitalikButerin?ref_src=twsrc%5Etfw" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">@VitalikButerin</a> today proves that ETH will never scale</p>
 <p>There is, in fact, zero L1 scaling on the roadmap</p>
 <p>Everything is focused on L2s instead of empowering people to use the blockchain directly</p>
 <p>That is not cypherpunk at all<a href="https://t.co/6WFqNd0sQf" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">https://t.co/6WFqNd0sQf</a></p>
 <p>— Justin Bons (@Justin_Bons) <a href="https://twitter.com/Justin_Bons/status/1741313626198175921?ref_src=twsrc%5Etfw" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">December 31, 2023</a></p>
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<p style="text-align: center;">Read&nbsp;<a href="https://ambcrypto.com/predictions/ethereum-price-prediction" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">Ethereum’s [ETH] Price Prediction</a>&nbsp;2023-24</p>
<p>As the community grapples with differing perspectives, the price of ETH adds another layer to the narrative. At the time of writing, ETH is priced at $2,361.39, experiencing a modest decline of -1.21% in the last 24 hours.</p>
<p>Concurrently, the trading volume around ETH also saw a decrease.</p>
<div id="attachment_361489" style="width: 100%" class="wp-caption aligncenter"><a href="https://statics.ambcrypto.com/wp-content/uploads/2023/12/Ethereum-ETH-15.45.42-31-Dec-2023.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img aria-describedby="caption-attachment-361489" decoding="async" class="size-full wp-image-361489" src="https://statics.ambcrypto.com/wp-content/uploads/2023/12/Ethereum-ETH-15.45.42-31-Dec-2023.png" alt="" width="2560" height="867" srcset="https://statics.ambcrypto.com/wp-content/uploads/2023/12/Ethereum-ETH-15.45.42-31-Dec-2023.png 2560w, https://statics.ambcrypto.com/wp-content/uploads/2023/12/Ethereum-ETH-15.45.42-31-Dec-2023-300x102.png 300w, https://statics.ambcrypto.com/wp-content/uploads/2023/12/Ethereum-ETH-15.45.42-31-Dec-2023-1024x347.png 1024w, https://statics.ambcrypto.com/wp-content/uploads/2023/12/Ethereum-ETH-15.45.42-31-Dec-2023-768x260.png 768w, https://statics.ambcrypto.com/wp-content/uploads/2023/12/Ethereum-ETH-15.45.42-31-Dec-2023-1536x520.png 1536w, https://statics.ambcrypto.com/wp-content/uploads/2023/12/Ethereum-ETH-15.45.42-31-Dec-2023-2048x693.png 2048w" sizes="(max-width: 2560px) 100vw, 2560px"></a>
 <p id="caption-attachment-361489" class="wp-caption-text">Source: Santiment</p>
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Ethereum roadmap gets updated, details inside

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