Ethereum researcher Justin Drake has proposed a solution for the scalability issues faced by the Layer-1 blockchain, sparking curiosity about a potential ETH 3.0.
The Potential of zkEVM on Ethereum
Doug Colkitt, the founder of Ambient Finance, highlighted the potential inclusion of a new consensus model and a native zero-knowledge Ethereum Virtual Machine (zkEVM) in this update. Colkitt asserts that these changes could lead to the complete removal of gas limits, enabling nodes to process large blocks solely through snark verification.
Ongoing Discussions on Ethereum’s Scalability
Discussions regarding Ethereum’s scalability issues continue. In an interview with Cointelegraph, Consensys CEO Joe Lubin mentioned that different approaches are being evaluated to address these problems. He noted that although the idea of execution sharding was previously abandoned, new paths are being explored with zero-knowledge and optimistic approaches.
ETH 3.0 and Community Reactions
Rumors about ETH 3.0 have raised questions among some community members. Major updates are typically announced months in advance and filed as Ethereum Improvement Proposals (EIPs). However, Drake's sharing has not provided clarity on this matter.
The Ethereum community continues to monitor such developments closely as the platform strives to achieve its long-term goals.
