Big Goals For The Next Decade<\/h2>\n
The Foundation says Ethereum will continue operating with no downtime, just as it has since its launch in 2015. The team wants to make sure that even if nation-states or supercomputers try to take it down, Ethereum will survive.<\/p>\n
In addition to that, Ethereum also intends to scale considerably. The strategy involves 10,000 transactions per second (TPS) on the layer 1 chain and 1 million TPS on layer 2 chains. All of these will be accomplished with improved tools, such as zkVMs and Data Availability Sampling (DAS), to assist users in being able to verify the chain more quickly without having to download everything.<\/p>\n
<\/p>\n
All Eyes On Lean Consensus And Speed Upgrades<\/h2>\n
The Lean Plan<\/a> will enhance all three sublayers of Ethereum’s foundation layer. The crew would like to implement what it refers to as a “lean consensus,” or quicker transaction confirmations and better data handling.<\/p>\n New technology such as SNARK-friendly code for the Ethereum Virtual Machine (EVM) is being developed to speed up and make the network lighter. These upgrades will provide finality in seconds instead of minutes, a significant boon for users seeking quick and trustworthy results.<\/p>\n The Foundation also intends to advance cryptography to secure Ethereum against quantum attacks. The mission is straightforward: safeguard user balances and smart contracts prior to quantum computers<\/a> posing an actual threat.<\/p>\n Ethereum Reserves Reach $10 Billion<\/p>\n The big announcement came during Ethereum\u2019s 10th anniversary celebration. At the same time, reports showed that Ethereum\u2019s strategic reserves have grown to $10 billion. Corporate holdings have also jumped, with total assets reaching 2.73 million ETH.<\/p>\n