đ Buterin reveals the ambitious goal of The Surge phase, 100,000 transactions per second is not a dream!
Ethereum co-founder Vitalik Buterin recently shared his grand blueprint for the future development of Ethereum, with special emphasis on the goals of the "The Surge" phase. Buterin believes that by adopting rollups technology, Ethereum will be able to achieve the feat of processing up to 100,000 transactions per second in the future.
In a blog post, Buterin elaborated on several key goals that aim to solve the blockchain trilemma, which is to find a balance between security, scalability, and decentralization. He proposed the combined use of data availability sampling and SNARKs (a cryptographic technology) to compress data and improve the efficiency of the network.
"The Surge" roadmap has made some progress, such as expanding the data bandwidth of Ethereum L1 by introducing blobs, and implementing sharding on the L2 network. But these advances also bring new challenges, such as how to maintain the robustness and decentralization of the network.
Buterin stressed that in order to achieve the main goal of The Surge, which is to achieve high-speed transaction processing on Ethereum and its L2 while maintaining the decentralization and robustness of L1, as well as maximizing interoperability between L2s, developers need to continue to innovate. He also mentioned that some L2s have inherited the core properties of Ethereum, such as trustlessness, openness, and censorship resistance.
In addition, Buterin also mentioned the challenge of how users can easily navigate the L2 ecosystem, and proposed the idea of ââintroducing chain-specific addresses and payment requests, as well as standardized open protocols for cross-chain operations. He also emphasized the importance of expanding Ethereum L1 and improving L2, and warned that focusing only on L2 may bring future risks to the entire ecosystem.
Overall, Buterin's vision is a more efficient, decentralized, and scalable Ethereum network, which will bring unprecedented opportunities to users and developers. As technology continues to advance, we have reason to expect Ethereum to achieve these ambitious goals in the future.
đŹ Do you think Buterin's goal of making Ethereum achieve 100,000 transactions per second is still far away? What other expectations or concerns do you have for the future of Ethereum?
