[Vitalik: Ethereum to Undergo Third Major Iteration in the Next 5 Years, Prioritizing Quantum Resistance and Privacy] According to a report by Jinse Finance, on July 5, Vitalik Buterin published an article stating that Ethereum researchers recently finalized the "Simplified Ethereum" roadmap during a meeting in Berlin. This is not a one-time upgrade but a series of forks spanning 3 to 4 years (starting with "I-star"), which will become Ethereum's third major era, akin to "The Merge," and will replace almost all core components. Key transformations include: transitioning verification from direct execution to recursive STARK; introducing 1-2 rounds of finality in consensus for faster and more secure transactions; multi-dimensional Gas pricing; and a complete overhaul of cryptographic schemes to quantum-resistant solutions. The most disruptive change lies in the state model—expanding the current dynamic state to approximately 2TB while introducing new scalable state models like UTXO and circular buffers, with a total capacity of up to 100TB. This will accommodate ERC20, NFTs, and DeFi, and after rewriting, transaction fees could drop by over 10 times. Complex applications (e.g., Uniswap pools) will retain the old state without mandatory migration. However, the question of who will store the hundreds of terabytes of state and how to incentivize them has become a new focal point of research. Privacy upgrades are now a primary design goal, with all new components required to support quantum resistance and intermediary-free private transactions. Formal verification will be fully implemented, and there is exploration into adopting RISC-V or leanISA as the protocol's underlying VM, with the EVM potentially being relegated to a compilation layer feature in the future. In terms of scalability metrics, Gas limits, blob capacity, and block times will be increased multiple times over the next five years, with the Glasterdam fork set to significantly raise Gas limits first. Regarding the sequence of forks, H-star (Hegota) will be the last "pre-simplification" fork, after which the full simplification era will begin. Through this complex yet smooth transition, Ethereum is moving toward a quantum-resistant, massively scalable, privacy-first new network while ensuring minimal disruption to existing applications. This cautious five-year transformation has officially begun.