Ethereum founder Vitalik Buterin has shared detailed plans for the evolution of the network known as “The Surge”.
as if Blog post On Wednesday, Buterin shared key goals of how to scale up the blockchain's capacity to handle more than 100,000 transactions per second, using layer-2 scaling solutions to ensure Ethereum is decentralized and secure.
While Buterin didn't specify an exact date when The Surge will be fully implemented, he called for continued development by balancing scalability with Ethereum's core principles.
“Our task is to complete the package-centric roadmap and solve these problems while maintaining the strength and decentralization that makes Ethereum unique,” he said.
The co-founder of the second largest blockchain focuses on the integration of two long-standing scaling strategies that have defined the next step in Ethereum's roadmap: sharding and layer-2 protocols.
Sharding allows nodes to process only fractions of the total transactions, but layer-2 solutions e.g. Rollsensure efficient data management by offloading much of the computation from the main blockchain.
It also touched on Ethereum's packet-oriented approach, which moves most transactions to layer-2 networks, such as packets, to secure Ethereum's main blockchain.
In this way, the main Ethereum chain acts as a secure base layer, and the scrolls manage the balance by chaining multiple transactions off-chain, providing faster speeds and lower fees without compromising the integrity of the network.
The task before us is to complete the roadmap by solving problems while maintaining the strength of the resilience layer.
Ethereum will continue to serve as a secure and decentralized foundation, leaving the responsibility for scaling Layer-2, the co-founder said.
Challenging times ahead
One of the key challenges, Buterin explained, is balancing the trilemma of elasticity: decentralization, efficiency and security. Buterin's proposal includes cryptographic solutions such as SNARKs to ensure the authenticity of the transaction without affecting the nodes of the network. .
A critical part of Ethereum's roadmap is to ensure that Layer-2s inherits Ethereum's core principles of trust, privacy and anti-censorship, he explained.
The roadmap also suggests a high degree of interaction between layer-2s. As Buterin puts it, “Ethereum should feel like one ecosystem, not 34 different blockchains.
Buterin also highlighted recent developments, including the introduction of EIP-4844 data blobs, in an effort to improve data bandwidth, making Ethereum better able to handle high transaction volumes.
“These changes bring us closer to our goal: 100,000+ TPS decentralized on L1+L2 while maintaining layer-1 strength,” Buterin wrote.
In the year By 2022, Ethereum is complete.”Integration“Moving from a proof-of-work system to a more efficient authentication model, reducing energy consumption and introducing staking.”
Ethereum's next significant upgrade, PectraIt will be released in two stages, the first part is expected in early 2025. The purpose of the update is to compress the transaction and improve the rewards of the blockchain scalability.
Edited by Sebastian Sinclair
Daily Debrief Newspaper
Start every day with top news stories, plus original features, podcasts, videos and more.
