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Vitalik Buterin outlines Ethereum's roadmap to scale with the Surge

Vitalik Buterin outlines Ethereum's roadmap to scale with the Surge

GrafaGrafa2024/10/18 03:05
By:Mahathir Bayena

Vitalik Buterin, co-founder of Ethereum (CRYPTO:ETH), has outlined the next phase of the network's evolution, known as “The Surge,” which aims to dramatically increase transaction speeds while maintaining decentralisation. 

In a blog post titled Possible Futures for the Ethereum Protocol, Part 2: The Surge, Buterin explained that the upgrade is designed to enable the blockchain to handle 100,000 transactions per second (TPS) through the use of rollups, sharding, and data availability sampling. 

“The goal of The Surge is simple—massive scalability without sacrificing the core principles of decentralization and security,” Buterin wrote. 

He emphasised that while previous upgrades like The Merge and The Shanghai Upgrade were crucial milestones, Ethereum’s scalability remains a critical challenge as adoption continues to grow.

A key component of the strategy is Layer-2 rollups, which process most transactions off-chain while still posting essential data on-chain for security. 

“Rollups will be a key part of Ethereum's scaling solution in the short term,” Buterin noted, expressing optimism that rollups will take over the majority of Ethereum’s scaling efforts in the coming years.

Buterin also reiterated Ethereum’s commitment to decentralisation, particularly in staking. 

He warned that as staking participation increases, the risk of centralisation could grow. 

To address this, Buterin highlighted Distributed Validator Technology (DVT), which allows multiple participants to collectively run a validator node, helping to maintain decentralised security even as staking pools expand.

On the topic of governance, Buterin acknowledged the challenges of managing a growing, decentralised ecosystem. 

He called for more structured decision-making processes to ensure the network evolves efficiently and inclusively. 

“New governance protocols might be necessary,” he suggested, to improve network governance.

Looking further ahead, Buterin raised concerns about emerging threats like quantum computing, which, while not immediate, could pose future risks to the network. 

He stressed the importance of research into quantum-resistant cryptographic algorithms to ensure Ethereum’s long-term security.

As Ethereum continues to evolve, Buterin’s vision remains focused on scalability, security, and decentralisation. 

He concluded, “Ethereum’s success will depend not just on technical upgrades, but also on how well it can maintain its core values while growing.”

At the time of writing, the Ethereum (ETH) price was $2,611.06.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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