Ethereum has turned 10. And instead of looking back, the team behind the second bigger cryptocurrency is creating a bold plan for the future.
The Ethereum Foundation has released a long -term driving table called “Ethereum Lean Plan”. The focus: massively resize in a massive way, keep it 100% of the time online and prepared for future threats, including powerful quantum computers.
Big goals for the next decade
The Foundation states that Ethereum will continue to operate without inactivity times, as well as from its launch in 2015. The team wants to make sure that even if the nation-nation states or supercomputers try to break it down, Ethereum will survive.
In addition, Ethereum also intends to reduce considerably. The strategy includes 10,000 transactions per second (TPS) on the 1 and 1 million TPS layer chain on level 2 chains. All these will be made with improved tools, such as ZKVMS and data availability sampling (DAS), to help users to be able to check the chain more quickly without having to download everything.
All eyes on lean consensus and speed updates
The slim floor will improve all three sublayer of the Ethereum foundation layer. The crew would like to implement what refers to a “slender consent” or confirmation of faster transactions and better data management.
New technologies such as the code suitable for Snark for Ethereum Virtual Machine (EVM) are being developed to accelerate and make the network lighter. These updates will provide the purpose in minutes instead of in a few minutes, a significant advantage for users looking for quick and reliable results.
The Foundation also intends to advance encryption to guarantee Ethereum against quantum attacks. The mission is simple: safeguarding the sales of users and intelligent contracts before quantum computers representing an effective threat.
Ethereum reserves reach $ 10 billion
The big announcement came during the celebration of the tenth anniversary of Ethereum. At the same time, reports showed that Ethereum’s strategic reserves grew up to $ 10 billion. The company investments also jumped, with the total activities that have reached ETH 2.73 million.
Eth is also going well on the market. At the time of the report, the token was exchanged at $ 3,610 after gaining 47% in the last month.
The Foundation has defined the new vision as a “generational oath” to keep Ethereum alive, safe and ready for the next wave of users and developers.
This 10 -year -old roadmap is ambitious, but if the team delivers, Ethereum could become much faster and stronger than it is today.
First floor image, Tradingview graphic designer