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Vitalik Buterin outlines possible next steps for Ethereum.
Ethereum founder Vitalik Buterin shared his vision for the future of Ethereum in a detailed blog post this week, discussing how the network will evolve after its upgrade from proof-of-work consensus mechanism to a more energy-efficient proof-of-stake.
Buterin emphasized two main areas for improvement: speed and security. He suggested using zero-knowledge proofs for privacy upgrades, which can verify transactions faster without exposing all data, and new cryptographic tools to protect the network from cyber attacks. These changes could have a significant impact on how Ethereum processes NFTs and decentralized finance (DeFi) in the foreseeable future.