Cointime

Download App
iOS & Android

What is The Scourge

Validated Individual Expert

In the previous article, we have discussed the second stage of the Ethereum upgrade — The Surge. We now know that this upgrade is focused on introducing systems that allow the creation of scaling solutions to achieve a more user-friendly environment.

We now proceed with The Scourge, the third stage of the Ethereum upgrade. We will discuss what it does, how it works, and what improvements we can expect.

The Scourge explained

The Scourge phase was not part of the initial road map of upgrades of the Ethereum network. It was only added recently and was announced by Ethereum co-founder Vitalik Buterin via Twitter on November 5, 2022.

According to the post that introduced The Scourge, its goal is to “ensure reliable and credibly neutral transaction inclusion and avoid centralization and other protocol risks from MEV.”

Maximal extracted value (MEV) is the ability for a validator to dictate how transactions are included in a block, and in what order, allowing them to front-run other participants on the network and extract value at their expense.

A rise in the prevalence of MEV has led many to associate the Ethereum network with a higher level of centralization, which Buterin seeks to rectify with The Scourge. According to the project’s cofounder, The Scourge will enable the creation of a more “credibly neutral” consensus layer by removing the ability for validators to exploit transactions that occur on the network in their favor. This may also include in-protocol pre-confirmations and frontrunning protections.

The scourge also includes PBS, or Proposer Builder Separation, which is the idea that constructing and proposing blocks in a blockchain should be delegated to different entities to increase network security and prevent MEV-related attacks.

How does it work?

As of this writing, the full details of the Scourge are still not out yet, but previous posts by Buterin hint at what it could include, such as a “Partial Block Auction” solution where ab block builder is only permitted to decide some of the contents of the block, decreasing their level of influence, according to Kitco.

Proposals designed to combat censorship at the consensus layer have also been submitted, including the Single Unifying Auctions for Value Expression (SUAVE) solution that was put forward by the Ethereum research and development company Flashbots.

Along with the addition of the Scourge, an update to the Verge was also confirmed in the post by Buterin, which detailed the integration of Succinct Non-Interactive Argument of Knowledge (SNARK) technology into the smart contract platform. SNARKs will bring privacy-preserving features to the Ethereum network that simultaneously allow anonymous transactions to be tracked.

According to Buterin, “The Verge is not just about “verkle trees,” it’s about “verification.” Endgame: fully SNARKed Ethereum.”

Initial Thoughts

A number of questions continue to arise that need to be addressed, including how will such feature be implemented, determining the best algorithm and concerns surrounding validators.

Adding this phase allows the network to be more user-friendly, faster and cheaper than ever before. For now, what we can do is wait for the Ethereum Foundation, especially its co-founder, to release the full details of The Scourge.

As Ethereum developers continue to update the network’s roadmap and explore potential upgrades, don’t be surprised if you hear more words that rhyme with “merge,” “surge,” “scourge,” “verge,” “purge,” “verge,” and “splurge” in the future.

Comments

All Comments

Recommended for you

  • BTC breaks through $92,000

     the market shows BTC breaking through $92,000, currently at $92,023.91, with a 24-hour decline of 0.13%. The market is highly volatile, please manage your risk accordingly.

  • WLFI launches lending marketplace powered by Dolomite

     WLFI launches a lending market supported by Dolomite.

  • Spot gold rose more than $300 in January.

     spot gold has risen above $4620/oz, with a daily increase of 2.44%, accumulating a rise of over $300 in the first month of the new year.

  • Hassett: Still interested in a Fed position

    White House National Economic Council Director Hassett: Still interested in the Federal Reserve position. It is unknown whether U.S. President Trump has approved an investigation into the Federal Reserve. Federal Reserve Chairman Powell is a good person.

  • BTC falls below $91,000

     the market shows BTC fell below $91,000, currently at $90,997.44, with a 24-hour increase of 0.26%. The market is highly volatile, please manage your risks accordingly.

  • The US spot Ethereum ETF saw a net outflow of $68.57 million last week.

    according to SoSoValue data, during the trading days last week (January 5 to January 9, Eastern US time), the US spot Ethereum ETF had a net outflow of 68.57 million USD.

  • BTC breaks through $92,000

    the market shows BTC breaking through $92,000, currently at $92,041.92, with a 24-hour increase of 1.49%. The market is volatile, please manage your risk accordingly.

  • Japanese Prime Minister considers dissolving the House of Representatives; USD/JPY rises sharply.

    Japanese Prime Minister is considering dissolving the House of Representatives. The USD/JPY exchange rate quickly rose by 0.66% to 157.95, hitting a new one-year high. 

  • a16z announced the completion of a $15 billion funding round, which will focus on investments in AI and crypto.

    a16z has just completed raising over $15 billion in funds. This batch of funds includes: American Dynamism Fund ($1.176 billion), Apps Fund ($1.7 billion), Bio + Health Fund ($700 million), Infrastructure Fund ($1.7 billion), Growth Fund ($6.75 billion), and other venture capital strategy funds ($3 billion). The announcement states that its mission is to ensure the United States wins the technology competition in the next 100 years, focusing on winning key infrastructures such as AI and crypto. In addition, it will promote the application of related technologies in fields such as biology, health, defense, public safety, education, and entertainment.

  • BTC falls below $90,000

     market shows BTC fell below 90,000 USD, currently at 89,996.08 USD, 24-hour decline reached 0.43%, market volatility is high, please manage risk properly.