Ethereum co-founder Vitalik Buterin has outlined the protocol’s future, focusing on improving scalability and efficiency as part of the 'The Surge' phase.
Ethereum Scalability Plans
One of the key goals of 'The Surge' is to achieve over 100,000 transactions per second on both Layer 1 and Layer 2. This will enable Ethereum to handle a larger volume of transactions, thus improving its usability for everyday applications.
Maintaining Decentralization
Vitalik emphasizes that alongside scaling, it is crucial to maintain the decentralization and robustness of Layer 1. This includes preserving Ethereum’s trustless, open, and censorship-resistant properties.
Interoperability and Innovation
Another focus of 'The Surge' is ensuring that L2 solutions inherit Ethereum’s core properties, which is essential for interaction among various Layer 2 solutions, fostering a cohesive ecosystem and promoting innovation.
Vitalik's insights underscore the importance of building a scalable yet robust Ethereum that can evolve into a powerful platform for decentralized applications while maintaining its core principles.