In a recent address at ETHGlobal Prague, Ethereum co-founder Vitalik Buterin unveiled an ambitious plan aimed at significantly enhancing the network's layer 1 capacity. According to the results published in the material, his vision prioritizes decentralization and stability, suggesting a careful approach to scaling rather than a rush for speed.
Buterin's Proposal for Ethereum's Layer 1 Capacity
Buterin's proposal outlines a strategy to increase Ethereum's layer 1 capacity by tenfold, a move that could transform the network's performance. He stressed the necessity of implementing core changes gradually, allowing developers and users to monitor the effects on censorship and execution closely.
Balancing Speed and Decentralization
The Ethereum community has long debated the balance between speed and decentralization, and Buterin's emphasis on stability reflects a commitment to maintaining the network's foundational principles. By advocating for a measured rollout, he aims to ensure that enhancements do not compromise the integrity and security of the blockchain.
Recently, the Base Network has emerged as a significant player in the Ethereum Layer 2 ecosystem, achieving remarkable daily transaction volumes. This development contrasts with Vitalik Buterin's recent proposal to enhance Ethereum's layer 1 capacity. For more details, see Base Network.
