Vitalik Buterin guided listeners through a five-part roadmap in the latest Bankless podcast where he outlined the steps needed for Ethereum to survive and thrive in the future.
To achieve the highest levels of scalability and decentralization, Vitalik Buterin claims that Ethereum needs to be more agile and lightweight in terms of blockchain data. so that more people can manage and use it.
At the beginning of December, Buterin also published an article titled “Endgame” in which he discusses a case where all blockchains will converge in the future. and specifies the tools that will allow the review of the resulting block. in a way that is decentralized and against censorship
The first step is called merge, which means the transition from Proof-of-work is a complete proof-of-stake that takes place in the first half of 2022. The second part, called Surge, plans to give Ethereum more flexibility. Including the huge bandwidth and throughput, especially in zk-rollups, merge and surge will be the most important upgrades, according to Buterin, to build the Ethereum network.
When asked to assess the progress of Ethereum over the past six years, Buterin confirmed that “we are 50% of the path” due to the rise of the Beacon chain, London hard fork, and even NFTs, but there is still a way. far
Once the merge and surge have passed, and sharding is fully implemented, approximately 80% of the roadmap is expected to be completed, which is expected to take another 6 years to complete. And it will lead to a 100% performance increase according to Buterin.
The next step is to verge that will allow more users to run the node. “To democratize access to the broadest possible audience for anyone who wants to validate the chain,” Buterin said.
Buterin sums up his ideal scenario for Eth2 not losing its decentralization to its scalability: “Leave the past in the past and create an Ethereum that will actually become easier and easier over time. go”
Buterin acknowledged that Etherum “is not a single layer system that is directly ready for mass deployment” while stressing the need for a Layer 2 scalability solution and reducing transaction fees. Amazing” that Ethereum has seen its second layer scaling over the past year. and the community behind it “Willing to keep fighting for it.”
In addition to the ability to scale Another issue that Buterin emphasizes is the safety and security measures of the upgrade. He compared blockchain building to urban development. Just as police and soldiers work to protect a city or a nation. In which blockchain users act as security agents who watch over attackers. and when cities Expand or increase the number of blocks in the network. More security is needed.
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