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RISC-V is a simple, open-source processor architecture used in modern hardware that can also serve as a virtual machine for executing smart contracts, offering a streamlined alternative to Ethereum’s current EVM.
Vitalik Buterin published a proposal in the Ethereum Magicians forum to replace the EVM with the RISC-V architecture as part of a long-term plan to simplify Ethereum’s execution environment while preserving its core functionality.
Vitalik Buterin believes that replacing the Ethereum Virtual Machine (EVM) with the RISC-V instruction set could be the only viable path to drastically improving the efficiency and scalability of Ethereum’s execution layer.

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Vitalik aims to replace EVM with RISC-V

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