DeFi

Verkle Trees to Elevate Solo Staking, AI to Address Ethereum’s Major Technical Risk

Ethereum‘s evolution continues as Vitalik Buterin, the co-founder, champions the integration of Verkle trees into the network’s framework, which promise to revolutionize Ethereum’s protocol, particularly benefiting solo stakers and network nodes.

Buterin highlighted their potential to enable “stateless validator clients,” offering near-instant synchronization and minimal hard disk space usage. This advancement marks a major step forward in Ethereum’s development, following the transition to proof-of-stake with the Beacon Chain’s activation in September 2022.

Verkle trees, a crucial component of Ethereum’s roadmap outlined by Buterin, fall under the Verge stage, focusing on optimizing data storage and node size. These trees, detailed in Buterin’s Ethereum Improvement Proposal documentation, employ vector commitments to efficiently handle proof sizes, a key distinction from traditional Merkle trees.

The implementation of Verkle trees holds the promise of statelessness for Ethereum, reducing the burden on nodes to store Ethereum’s state. This not only facilitates smaller proof sizes but also enables nodes to verify blocks using data contained within each block itself.

Consequently, this development is expected to lower hardware requirements for running Ethereum nodes, fostering greater network decentralization and facilitating quicker node synchronization.

AI to Help Ethereum?

While Verkle trees represent a significant advancement, Ethereum’s journey towards its development endgame involves addressing various technical challenges.

Buterin has also emphasized the potential of artificial intelligence (AI) in mitigating one of Ethereum’s most pressing technical risks: bugs hidden within its code. However, the efficacy of AI in detecting such bugs remains a subject of debate.

Recent experiments by OpenZeppelin utilizing OpenAI’s GPT-4 showcased promising results in identifying security vulnerabilities in Solidity smart contracts, Ethereum’s native language. However, concerns have been raised regarding the reliability of AI-powered tools in coding, with some experts cautioning against their indiscriminate use, according to Cointelegraph.

Despite this, Buterin remains optimistic about AI’s potential, urging developers to exercise caution, particularly in high-risk applications like oracles.

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