Ethereum

Vision

<p>Vitalik Buterin, co-founder of Ethereum, recently unveiled an ambitious vision for the future of Ethereum blockchain scaling solutions, known as “The Surge.” This roadmap aims to significantly enhance Ethereum’s transaction processing capacity, targeting over 100,000 crypto transactions per second (TPS) through the integration of Layer 2 solutions.</p>
<h2 id="h-crypto-vitalik-buterin-s-roadmap-for-100-000-tps">Crypto: Vitalik Buterin’s roadmap for 100,000 TPS!</h2>
<p>The main goal of “<a href="https://www.cointribune.com/ethereum-the-surge/" target="_blank" rel="noopener noreferrer nofollow">The Surge</a>” is to make Ethereum a unified ecosystem where the different Layer 2 solutions function seamlessly with Ethereum’s main chain. Currently, Ethereum can process around 15 to 30 TPS, which is insufficient to meet the growing demand of crypto users and dApps. With “The Surge,” Buterin hopes to increase this capacity by more than 3,000 times! This would bring the network closer to the 100,000 TPS mark.</p>
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<p>To achieve this goal, several technical improvements are planned. Among them, the use of advanced crypto solutions like SNARKs (Succinct Non-interactive Arguments of Knowledge) to ensure transaction integrity without overloading ETH network nodes. Additionally, Ethereum Improvement Proposals (EIP) such as EIP-4844, which introduces blobs for cheaper data, and EIP-1559, aimed at reducing transaction fees, are essential for this transformation.</p>
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<h2 id="h-legacy-of-eth-network-s-fundamental-principles">Legacy of ETH network’s fundamental principles!</h2>
<p>Buterin’s goal is to make Layer 2 solutions as reliable as Ethereum’s main chain. This includes improvements in crypto data compression, data availability sampling, and reducing gas costs for certain operations. <a href="https://vitalik.eth.limo/general/2024/10/17/futures2.html" target="_blank" rel="noopener noreferrer nofollow">These measures</a> are aimed at ensuring that Layer 2 solutions inherit Ethereum’s core principles, such as trust, openness, and censorship resistance.</p>
<p>Finally, “The Surge” represents a crucial step in the evolution of Ethereum. It aims to address current scaling challenges and prepare the blockchain for mass adoption. With ambitious goals and <a href="https://www.cointribune.com/en/1-million-ethereum-validators-in-2024-why-are-major-companies-increasingly-interested-in-it/" target="_blank" rel="noopener noreferrer nofollow">significant technical improvements</a>, this roadmap could transform Ethereum into a platform capable of meeting the future needs of crypto users and developers.</p>

Ethereum Ready To Explode? Vitalik Buterin’s Vision For 100,000 Transactions Per Second

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