In an effort to make the PoS system simpler to administer, Vitalik Buterin, a co-founder of Ethereum, has proposed lowering the number of validator signatures.
Recent proposals have been made by Vitalik Buterin, co-founder of Ethereum, to reduce the strain on the Ethereum blockchain. To simplify and lighten the network’s proof-of-stake (PoS) consensus, Vitalik proposed on December 28 to reduce the number of validator signatures.
Processing around 28,000 signatures per slot still leads to a significant load, even though Ethereum has approximately 895,000 validators with the goal of decentralization and public involvement in staking.
There are technological problems like complex scaling solutions based on zero-knowledge proofs (SNARKs) and limited quantum resistance that have come up because of the heavy computational load. Additionally, many individuals find the minimum threshold of 32 ETH to become validators to be excessively high, which is an issue.
The number of signatures per slot should be reduced to about 8,192, according to Buterin’s plan. An increase in quantum resistance, a simplification of the system, and the maintenance of a large quantity of ETH on the line would result from this modification.
“He proposed three ideas: a two-tiered staking mechanism, decentralized staking pools, and responsible committees with rotating participation. We anticipate that these methods will aid in the management of the digital signature burden.”
Making Ethereum’s future development simpler and more predictable is possible by establishing a tolerable signature load. Buterin said that future developers shouldn’t raise the number of signatures per slot unless they’re certain the system can manage it without issues. He anticipated the risks of overpowering Ethereum’s fundamental functionalities in May.
