Vitalik Buterin, co-founder of Ethereum, plans to simplify the blockchain to boost developer adoption and enhance scalability. Buterin aims to simplify Ethereum infrastructure, making it more accessible and reducing the cost.

In his proposal, Buterin draws comparisons to Bitcoin. He argues that simplifying Ethereum could promote growth and make the platform more user-friendly, similar to Bitcoin's model.

Buterin's proposal includes setting a maximum code line target to streamline Ethereum's development. He believes that by simplifying the codebase, Ethereum can attract more developers and enhance overall performance.

His long-term goal is for Ethereum to rival Bitcoin within five years, despite the current low ETH/BTC ratio. Despite criticism of Ethereum's Proof-of-Stake shift for centralisation, Buterin sees simplification as a move towards greater decentralisation.

The price of Ethereum has been steadily rising, supported by strong technical indicators. Despite institutional caution towards altcoins, Ethereum continues to lead in the tokenisation of real-world assets.

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