Ethereum has celebrated its 10th anniversary by announcing a new plan, Lean Ethereum, aimed at enhancing the network's performance and security. This approach targets ambitious goals for the next decade.
Goals of the Lean Ethereum Plan
The Ethereum Foundation describes its new initiative as a "generational promise," aiming for 10,000 transactions per second (TPS), quantum-resistant cryptography, and sustainability.
Innovations in Performance
Upcoming performance enhancements for Ethereum include: - L1 target: 10,000 TPS with high bandwidth. - L2 target: Layer-two solutions reaching 1,000,000 TPS. These goals will be supported by innovations like zkVM (zero-knowledge) and various data verification methods.
Foundations of Lean Ethereum
The Lean Ethereum approach involves redesigning three core layers: - Lean consensus (CL): Beacon Chain 2.0 with rapid finality. - Lean data (DL): More flexible data processing compatible with post-quantum technologies. - Lean execution (EL): A new virtual machine compatible with EVM and based on a minimalistic SNARK.
Lean Ethereum represents a strategy aimed at ensuring the network's reliability and scalability over the next decade.
