Vitalik Buterin has suggested replacing Ethereum's Virtual Machine (EVM) with RISC-V to simplify the network and improve its performance. In a 3 May blog post, he stated that Ethereum could become as simple as Bitcoin within five years.

RISC-V is an open-source instruction set that would allow Ethereum to run faster. By cutting out extra translation steps, it could make operations up to 100 times quicker. Unlike the EVM, RISC-V would allow applications to work directly on the execution layer.

Buterin also believes the switch to RISC-V would reduce infrastructure costs and minimise risks, like bugs and security breaches. However, the change could break backwards compatibility and require retraining developers.

Despite these challenges, some experts are optimistic. Thad Pinakiewicz from Galaxy Research says Ethereum's success lies in its foundational technology, not just its price.

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