By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > Markets > Crypto > Ethereum’s Future Upgrades Could Bring Full Nodes to Mobile Devices
Crypto

Ethereum’s Future Upgrades Could Bring Full Nodes to Mobile Devices

News Room
Last updated: 2023/09/06 at 8:39 AM
By News Room
Share
2 Min Read
SHARE

Ethereum (ETH) full nodes could in the future become so light-weight that they can run on mobile devices, Ethereum co-founder Vitalik Buterin has predicted.

In a speech at Korea Blockchain Week that was cited by Cointelegraph, Buterin admitted that centralization of nodes is one of the Ethereum network’s biggest challenges, given the fact that the majority of the 5,901 active Ethereum full nodes are run on centralized platforms such as Amazon Web Services (AWS).

If Buterin gets his way, however, there will come a time in the future when fully verified Ethereum nodes can “literally” run on a phone.

Making Ethereum more decentralized

According to Buterin, solving the issue with centralization of full nodes is a “big piece of the puzzle” to making Ethereum more decentralized.

The Ethereum co-founder said:

“One of those six things is making it technically easier for people to run nodes, and statelessness is one of the really important technologies in doing that right.”

He further explained why most node operators today rely on centralized services to run their nodes, saying the task requires “hundreds of gigabytes” of storage space, while noting that a concept called “statelessness” can potentially solve this.

“With stateless clients, you can run a node on basically zero,” Buterin said.

Achieving statelessness, meaning no reliance on centralized service providers to run the network, has been on the Ethereum Foundation’s roadmap for some time already, but Buterin admitted in his speech that a solution to the issue lies many years into the future.

“These technical problems will have to be addressed eventually — maybe a 10-year timescale, maybe a 20-year timescale,” Buterin said.



Read the full article here

News Room September 6, 2023 September 6, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
JPMorgan questioned Tricolor’s accounting a year before its collapse

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Netflix misses Q3 earnings estimates, meme stock trade returns as Beyond Meat rallies 1,300%

Watch full video on YouTube

How subsea cables power the global internet

Watch full video on YouTube

Google and Anthropic reportedly in cloud deal talks, Netflix falls after earnings miss

Watch full video on YouTube

Why Manhattan Condos Are Selling At A Loss

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

Crypto

'Fundamental Shift' in Traditional Bitcoin Market Cycle May Be on the Horizon

By News Room
Crypto

FTX/Alameda Unstakes Over $1B in Solana – Is a Major Price Shift Coming?

By News Room
Crypto

Mastercard Launches “Crypto Credential” To Replace Wallet Addresses With Usernames

By News Room
Crypto

Polygon Executive Pivots Roles To Developing ZK Proof Tech

By News Room
Crypto

Altcoin Interest Driving South Korean Crypto Craze – Report

By News Room
Crypto

Russian Central Bank Flags Sharp Rise in Crypto-related Activity

By News Room
Crypto

BitGo’s $100M Suit Against Galaxy Gets Green Light from Delaware Supreme Court

By News Room
Crypto

Here Are Your Top Crypto Gainers Today on DEXScreener

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?