Vitalik Buterin proposes swapping EVM language for RISC-V

From Cointelegraph

April 20, 2025 12:17 PM:

  1. Ethereum co-founder Vitalik Buterin proposes replacing Ethereum Virtual Machine (EVM) with RISC-V architecture to boost network speed and efficiency. Proposal addresses scaling challenges like data availability, block production, and zero-knowledge EVM proving. Buterin claims 100x efficiency gains with the change as Ethereum faces competition from newer blockchains.
  2. Ethereum’s blob fees drop to 3.18 ETH, approximately $5,000, on layer-2 scaling networks. Network fees hit lowest levels in April 2025, averaging $0.16 per transaction. Decline attributed to fewer base layer transactions and increased use of smart contracts and layer-2 solutions, impacting Ethereum’s revenue and market share.

Read more at Cointelegraph: Vitalik Buterin proposes swapping EVM language for RISC-V