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Vitalik Buterin outlines plan to boost Ethereum to 100K TPS

Vitalik Buterin outlines plan to boost Ethereum to 100K TPS

GrafaGrafa2024/10/17 04:25
By:Mahathir Bayena

Ethereum (CRYPTO:ETH) co-founder Vitalik Buterin has shared key goals for the next phase of Ethereum’s development, known as “The Surge.” 

In an Oct. 17 blog post, Buterin revealed plans to achieve over 100,000 transactions per second (TPS) across Ethereum’s mainnet and its layer 2 (L2) networks, emphasising the need for increased interoperability. 

He stated, “Ethereum should feel like one ecosystem, not 34 different blockchains.” 

Buterin acknowledged the progress made with Ethereum’s rollup-centric approach, enhanced by the Dencun upgrade, which merged the Shanghai and Cancun updates. 

This upgrade introduced cost-efficient solutions, like “blobs” for cheaper data, improving scalability and reducing fees on L2 networks. 

However, he also noted that new challenges have emerged, particularly concerning data availability, compression, and ensuring trustless operations on L2s. 

A critical focus for Ethereum’s future is to make rollups — secondary frameworks that scale transactions off the main network — as trustless as Ethereum’s core, enabling robust scaling while maintaining security. 

Buterin highlighted the importance of scaling Ethereum’s base chain to match the growth of L2s, cautioning against simply raising the gas limit, which could lead to centralisation risks. 

Instead, he suggested optimising Ethereum’s gas structure, making specific functions cheaper without compromising decentralisation. 

Enhancements like multidimensional gas pricing and introducing new bytecode formats could help address these concerns. 

Buterin also emphasised improving user experiences, particularly seamless communication between L2 networks. 

“If we are serious about the idea that L2s are part of Ethereum, we need to make using the L2 ecosystem feel like using a unified Ethereum ecosystem,” he added. 

This includes simplifying token transfers across L2s without requiring users to manually bridge or swap tokens. 

Originally, Ethereum's development relied on ETH 2.0, which aimed for scalability via sharding — running multiple blockchains in parallel. 

However, Buterin shifted to a rollup-centric approach, leveraging Optimistic and ZK-rollups to scale execution off the main chain while retaining its security features. 

Buterin concluded, “Now our task is to bring the rollup-centric roadmap to completion... preserving the robustness and decentralization that makes the Ethereum L1 special.”

At the time of writing, the Ethereum (ETH) price was $2,640.55.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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