Ethereum to perform what some call "open heart surgery" on its core architecture

Ethereum • September 16, 2018, 8:18PM EDT
UPDATED: September 17, 2018, 7:14AM EDT
Partner offers
The Block may may earn a commission if you use our partner offers, at no extra cost to you.

Ethereum has been "all things to all people" for the past few years, supporting tokens, dapps and many other use cases with a "swiss army knife" ethereum virtual machine (EVM) architecture that doesn't provide the long term flexibility that the vast potential and demonstrated developer activity of Ethereum will require. Many Ethereum developers have said that the protocol feels as if it was designed by computer scientists rather than Silicon Valley-style product developers. As a result, the EVM is being deprecated and replaced with WASM, or WebAssembly, code that is purported to be more flexible. The key thing to watch: whether Ethereum can make the upgrade while maintaining stability, security and continuing to scale a blockchain that thousands of developers and applications depend on daily. (Source: CoinDesk)

AUTHOR

Mike Dudas profile picture Mike Dudas

Mike Dudas is one of the founders of The Block and was the CEO until April 2020 and a board member until April 2021. Prior to starting The Block, Mike was co-founder and CRO of Button, the leading global, mobile performance marketing platform. Mike is a builder of mobile commerce businesses, having worked at Google, Braintree/Venmo and PayPal. Early in his career, Mike worked in corporate M&A and strategy for Disney. Mike earned a BA from Stanford and an MBA from Kellogg.

See More

WHO WE ARE

The Block is a news provider that strives to be the first and final word on digital assets news, research, and data.

+ Follow us on Google News
Connect with the block on

More by Mike Dudas