Ethereum has unveiled a long-term plan called 'Lean Ethereum,' targeting 10,000 transactions per second and improving network security.
Ethereum's 10-Year Plan
Ethereum has announced a decade-long roadmap known as 'Lean Ethereum,' aimed at achieving 10,000 transactions per second and introducing quantum resistance. This initiative includes major Layer 1 upgrades for scalability and security discussed during the platform's tenth anniversary celebrations.
Impact on Liquidity and Market Dynamics
The plan impacts ETH liquidity and market engagement, highlighted by growing investments from institutional investors. Wall Street companies have started incorporating ETH into their treasury holdings, affirming its strategic relevance in traditional finance. Staking contracts now hold over 35.7 million ETH.
Historical Benchmarks and Network Future
Historically, upgrades like 'The Merge' set precedents for assessing the impacts of changes on scalability and prices. The 'Lean Ethereum' plan aims to protect the network from state attacks while enhancing its performance, continuing the legacy of successful technical transformations.
The announced 'Lean Ethereum' plan represents a significant step in the evolution of Ethereum, aiming to improve performance and safeguard against future threats.