Vitalik Buterin, co-founder of Ethereum, has emphasised the necessity to unify the Ethereum ecosystem into one cohesive community fairly than a fragmented assortment of 34 separate blockchains. In a latest weblog publish dated October seventeenth, Buterin outlined Ethereum’s future growth plans, specializing in enhancing scalability at each Layer 1 (L1) and Layer 2 (L2).
The upcoming section, generally known as “The Surge,” goals to succeed in a monumental milestone—processing 100,000 transactions per second (TPS) throughout each L1 and L2, all whereas sustaining Ethereum’s decentralized core.
Buterin highlighted the significance of sure L2 options totally embodying Ethereum’s ideas of trustlessness, openness, and resistance to censorship, whereas additionally selling maximal cross-chain interoperability. “Ethereum ought to really feel like one ecosystem, not 34 completely different blockchains,” he mentioned, underscoring the necessity for integration.
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To streamline L2 operations, Buterin proposed reintegrating belief assumptions similar to centralized bridges and RPC purchasers, together with standardizing chain-specific cost requests, cross-chain swaps, and fuel funds. He additionally prompt that scaling L2 options could possibly be achieved via information compression, generalized plasma, and bettering proof programs.
Ethereum’s L2 ecosystem has skilled important development, with the Complete Worth Locked (TVL) rising by 227% to $37.5 billion. Nevertheless, Buterin warned that if L1’s transaction processing capabilities stay restricted whereas L2 scales quickly, it may pose dangers to Ethereum’s financial stability and community safety.
To mitigate this, Buterin proposed a number of methods to scale L1, together with rising the fuel restrict, introducing new options just like the EOF bytecode to cut back fuel prices, and implementing multidimensional fuel pricing. He additionally prompt operating a number of situations of the Ethereum Digital Machine (EVM) in parallel to create “native rollups.”
Buterin concluded by stating, “Bringing extra customers onto L1 means bettering not simply scale but in addition addressing key points like MEV (Miner Extractable Worth) to make sure that Ethereum’s development advantages each L1 and L2.”
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