TLDR
- Ethereum aims for 10,000 TPS on the mainnet.
- Significant advancements in zero-knowledge proofs announced.
- Community celebrates 10th anniversary with over 100 events.
Ethereum has unveiled a new 10-year โLean Planโ following its 10th anniversary. The roadmap is aimed at achieving quantum resistance and scaling the mainnet to 10,000 transactions per second (TPS).
Core figures like Vitalik Buterin and Justin Drake introduced the plan. They highlighted radical protocol changes, Layer 2 expansion, and a commitment to decentralization and privacy.
Key Details of the Lean Plan
Vitalik Buterin, the co-founder of Ethereum, reiterated the vision for Ethereum as a global, permissionless, and censorship-resistant platform. Justin Drake elaborated on the โLean Ethereumโ proposal.
The โLean Ethereumโ vision is to maintain network survivability even under adversarial threats while achieving 10,000 TPS on mainnet.
Justin Drake, Researcher, Ethereum Foundation
Tim Beiko noted the significant advancements in zero-knowledge proofs and their role in enhancing decentralization and security. The roadmap reflects Ethereumโs broader ambitions beyond current technological constraints.
Funding and Institutional Involvement
While no explicit figures or new grant allocations were announced, Ethereum Foundation continues to allocate substantial grants annually. These efforts typically support major roadmap initiatives, such as scaling and cryptographic upgrades.
Contributions from academic, corporate, and foundation grants are inferred, particularly in relation to hardening Ethereumโs Layer 1 against quantum threats.
Affected Assets and Tokens
The proposed updates are set to affect multiple assets on the network. Ethereal protocols and tokens operating on Layer 1 and Layer 2 will experience changes in performance, quantum resistance, and privacy guarantees.
- ETH โ Mainnet scaling and cryptographic upgrades.
- Layer 2 Protocols (OP, ARB, zkSync, Starknet) โ Enhanced support for horizontal scaling and mainnet integration.
- DeFi and RWA tokens โ Potentially impacted by changes in throughput and standards.
Community and Developer Sentiment
Ethereumโs 10th anniversary was celebrated with over 100 events across multiple continents. Community developers expressed a positive outlook on the roadmapโs push towards new generation technologies like ZK-EVMs and quantum resistance.
โEthereum must remain a global, permissionless platform. It has to be censorship-resistant. It canโt go down. It must be programmable so people can keep building freely.โ
Vitalik Buterin, Co-founder, Ethereum Foundation
The roadmap has inspired a growing number of teams to actively participate in developing these technologies, promising significant advancements in Ethereumโs capabilities.
Further insights can be found in the official Ethereum Foundation blog post and related announcements.
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