Vitalik Proposes Keyed Nonces for Ethereum State Scalability, Addressing 500B Nullifiers Problem

ETH0.12%

According to Foresight News, Vitalik Buterin recently proposed Keyed Nonces, a new mechanism that could enhance Ethereum’s state scalability while supporting on-chain privacy solutions. The proposal addresses a critical storage challenge: if on-chain privacy transactions maintain 2,000 TPS over eight years, they will generate approximately 500 billion nullifiers that cannot be pruned. Storing all nullifiers in the existing general-purpose state would impose significant pressure on node storage and decentralization. Keyed Nonces creates dedicated storage types tailored to specific use cases, such as sharded storage where nodes hold only partial data, or Bloom Filter optimization reducing verification overhead to approximately 8 bits per nullifier. Buterin suggested migrating most use cases to more specialized, cost-efficient storage while preserving full dynamic state for applications requiring high flexibility, such as DeFi.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Ethereum “tokenized U.S. Treasuries” market cap hits a record high of $8 billion

According to data published by Token Terminal on X on May 6, the total market value of tokenized U.S. Treasuries deployed on Ethereum has risen to about $8 billion, setting a new all-time high, with growth of approximately 100% over the past six months; the same day, Joseph Lubin, co-founder of Ethereum, said at the Consensus Miami 2026 conference in Miami that global economic tokenization is inevitable.

MarketWhisper12m ago

Bitmine Stakes Additional 157,344 ETH, Total Staked Reaches 4.71M ETH

According to Onchain Lens, Bitmine staked an additional 157,344 ETH (worth approximately $372.39 million) in a recent transaction. The validator's cumulative staked ETH now totals 4,712,917 ETH, valued at approximately $11.12

GateNews1h ago

Hyperliquid's Largest ETH Bull Adds 99,000 ETH Position Worth $234M, Up $9M Unrealized Gain

According to ChainCatcher, a major whale on Hyperliquid, monitored by crypto analyst Ember Chen, has accumulated a new long position in Ethereum. The whale now holds 99,000 ETH worth approximately $234 million with an average entry price of $2,270 per coin, currently showing an unrealized gain

GateNews1h ago

Consensys' Lubin: Global Economy Will Be Tokenized

Consensys CEO and founder Joseph Lubin stated that the world's entire economy will be tokenized, tracing the concept back to Ethereum, the blockchain he helped co-found. Lubin's assertion reflects a long-standing vision within the blockchain and cryptocurrency industry regarding the widespread adop

CryptoFrontier2h ago

Bullish Acquires Equiniti for $4.2B to Lead Tokenized Securities Push

Bullish, a U.S. virtual asset platform, announced on the 5th (local time) that it has entered into a final agreement to acquire Equiniti, a global securities transfer agent and shareholder services provider, for $4.2 billion (approximately 6 trillion KRW), marking its formal entry into tokenized sec

CryptoFrontier7h ago
Comment
0/400
No comments