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tagged with all of: scalability + ethereum
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The article discusses the potential future developments of the blob mempool in Ethereum, examining how it may evolve to enhance transaction processing and network efficiency. Key considerations include scalability, data storage implications, and the overall impact on user experience within the Ethereum ecosystem.
Ethereum is seeking to enhance its scalability and resilience through the Fusaka hard fork and upcoming roadmap changes, emphasizing the importance of protocol simplicity akin to Bitcoin. The article discusses the potential transition to a simpler virtual machine (RISC-V) to improve efficiency and reduce complexity, while addressing the challenges of maintaining backwards compatibility with existing applications.
A proposal suggests replacing the Ethereum Virtual Machine (EVM) with RISC-V to enhance the efficiency and scalability of Ethereum's execution layer. This change aims to retain existing smart contract abstractions while allowing for improved performance and reduced complexity, potentially making Ethereum more competitive in terms of block production and proving capabilities. The proposal also outlines various implementation strategies to support both EVM and RISC-V contracts.
Ethereum's roadmap aims to achieve 10,000 transactions per second (TPS) through advanced zk-rollup and zkEVM technologies. This guide breaks down the complexities of these innovations, highlighting their potential to enhance Ethereum's scalability and performance. Understanding these concepts is essential for grasping the future of decentralized applications on the Ethereum network.
Ethereum researcher Dankrad Feist has proposed a gradual increase of the gas limit from 36 million to 3.6 billion over four years through EIP-9698. If adopted, this could enable the Ethereum mainnet to process up to 2,000 transactions per second and improve scalability while addressing potential challenges for node operators.
The article discusses strategies for Ethereum to enhance its competitive edge and secure its position in the blockchain ecosystem. It emphasizes the importance of scalability, usability, and community engagement to attract and retain users. Key recommendations include improving transaction speeds and fostering developer innovation.
Justin Drake from the Ethereum Foundation outlines an ambitious 10-year vision for Ethereum, termed "lean Ethereum," aiming for 10,000 transactions per second (TPS) on the base layer and 1 million TPS on Layer 2 while ensuring 100% uptime. The plan includes significant upgrades across Ethereum's layers to enhance performance, modularity, and quantum resistance, positioning Ethereum as a vital component of the future digital economy.