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ETH News: What Vitalik Buterin Envisions for Ethereum by 2025
Ethereum’s co-founder, Vitalik Buterin, has shared his ambitious plans and priorities for the platform’s development by 2025. The recent updates indicate that the network will undergo significant transformations to enhance scalability, interoperability, and user experience.
Firstly, Ethereum is set to focus on massive scalability upgrades, including the expansion of Layer 2 (L2) solutions and the implementation of “blobs” through EIP-4844. These advancements aim to increase transaction processing capacity to a staggering 100,000 transactions per second (TPS), significantly surpassing current limitations.
It is also essential for Ethereum’s future growth that it incorporates interoperability solutions to interact seamlessly with other blockchain networks. Buterin highlights the importance of standardizing chain-specific addresses and sharing tools to facilitate user movement across different platforms.
Furthermore, Vitalik Buterin underscores the importance of strengthening security by integrating Verifiable Delay Functions (VDFs) into consensus mechanisms, which would minimize potential vulnerabilities related to Ethereum’s proof-of-stake (PoS) model.
Source: https://www.crypto-news-flash.com/eth-news-what-vitalik-buterin-envisions-for-ethereum-by-2025/?utm_source=rss&utm_medium=rss&utm_campaign=eth-news-what-vitalik-buterin-envisions-for-ethereum-by-2025
