Vitalik Buterin, co-founder of Ethereum, has released the fifth part of his blog series “The Purge,” aimed at reducing data bloat and simplifying Ethereum’s protocol. The Purge focuses on trimming unnecessary data storage and eliminating outdated features to make Ethereum more efficient while preserving “the permanence” of the blockchain. The Purge is not set to directly impact Ethereum’s gas fees. However, the proposed changes may enhance network performance and reduce operating costs. Related: Ethereum nodes on phones, Tether market cap tops $120B: Finance Redefined Reducing storage for bett…