A decade after the first block was generated, Ethereum presents a renewed roadmap with new scaling capabilities and technological innovations.
The Scaling Path of Ethereum
Throughout its history, Ethereum has aimed for maximum decentralization, which has influenced its scaling capabilities. With the shift to zero-knowledge technology, the network aims to increase the gas limit and transactions per second (TPS) to reach 10,000 TPS. Ethereum researcher Justin Drake noted the potential to achieve 10 million TPS in the next decade.
New Technologies: Zero-Knowledge
Zero-knowledge technology enables the confirmation of transaction correctness without revealing the transaction's content. This significantly simplifies verification and enhances network efficiency, allowing validators to check proofs rather than re-executing all transactions. It positions Ethereum to scale up to 10,000 TPS.
Prospects and Risks of Switching to ZK
The transition to zero-knowledge entails significant changes to Ethereum's infrastructure. However, researchers caution about potential risks, including possible attacks and security issues that could impact network stability. Gradual implementation of changes should help identify and mitigate many of these risks.
With a renewed roadmap and new technological achievements, Ethereum moves towards scalability, offering users faster and safer transactions. This transition could significantly alter the landscape of blockchain technology in the future.
