Ethereum Vitalik Buterin at the annual EthCC community conference in Paris said that future network throughput would reach 100 TPS.
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🎤Welcome back @VitalikButerin 🎤
Speaking now at EthCC[5], in a talk named: « Thoughts about the longer term future of the Ethereum protocol »
Livestream👇https://t.co/XCrqygsq2N pic.twitter.com/oqC0nZCv41
— EthCC — Ethereum Community Conference (@EthCC) July 21, 2022
Speaking at the event, Buterin discussed the upcoming ‘The Merge’, during which the blockchain will switch to the Proof-of-Stake consensus algorithm Proof-of-Stake (PoS), and outlined the long-term prospects for its development.
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Further updates anticipate the implementation of sharding and the expanded use of Rollups, which will raise the network’s throughput.
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“By the end of this roadmap, Ethereum will become a much more scalable system and will be able to process 100,000 TPS,” said Buterin.
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Among the most significant forthcoming changes, he cited:
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- In monetary policy — further reduction of the annual ETH issuance;
- In the security model — Weak Subjectivity, data availability sampling (DAS), access to the history of L2 solutions, updated cryptography;
- In the transaction inclusion process — EIP-1559, account abstraction, proposer/builder separation (PBS).
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According to Buterin, achieving these goals is hindered by the network’s complexity and how rapidly it evolves.
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In July, Ethereum developers had tentatively slated the implementation of The Merge for September 19, 2022.
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In May, team representatives predicted that the upgrade would take place in August. Buterin also said that month was the most likely time for the transition, but warned of a possible shift to September-October if potential risks emerged.
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