Tokens in Ethereum's Next State Era
What Vitalik’s tiered state vision means for Ethereum tokens.
Vitalik Buterin just published a new research post, "Hyperscaling By Creating New Forms of State."
The gist: Ethereum needs to massively scale execution, data, and state in the years ahead. zkEVMs can do this for execution, peerDAS can do this for data, but state is still in search of a breakthrough.
State, of course, is Ethereum's memory. It's essentially a giant database that every block updates and that every node needs to agree on.
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William M. Peaster
William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he covers the onchain frontier with a particular interest in art, games, and other culture apps. He has a background in creative writing and writes fiction in his free time.
