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Vitalik Buterin Unveils Two-Phase Overhaul for Ethereum’s Execution Layer

The Ethereum co-founder proposes a shift to a binary state tree and a future replacement of the EVM to improve scalability and efficiency.

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Terms & Concepts
  • Execution layer: The part of Ethereum responsible for processing transactions and smart contract operations.
  • Binary state tree: A data structure that organizes blockchain state in a binary format to simplify validation and improve efficiency.
  • EVM (Ethereum Virtual Machine): The core computing engine that executes smart contracts on the Ethereum network.