Vitalik Buterin Suggests Major Overhaul To Improve Ethereum's Network Efficiency As Transaction Fees Plunge To 5-Year Lows

Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin proposed a long-term solution Sunday to improve the scalability and efficiency of the network’s execution layer, one that handles smart contracts and transactions. What Happened: In a blog post, Buterin suggested replacing the Ethereum Virtual…