DeFi Daily News
Thursday, July 31, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi Web 3

Vitalik Buterin Unveils Ambitious Plans for Ethereum Layer 2 Scaling with ‘The Surge’ Roadmap – Decrypt

Vismaya V by Vismaya V
October 17, 2024
in Web 3
0 0
0
Vitalik Buterin Unveils Ambitious Plans for Ethereum Layer 2 Scaling with ‘The Surge’ Roadmap – Decrypt
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


Ethereum co-founder Vitalik Buterin has unveiled detailed plans for the next phase of the network’s development, known as “The Surge.”

In a blog post published on Wednesday, Buterin outlined key objectives aimed at enhancing the blockchain’s capacity to process more than 100,000 transactions per second by leveraging layer-2 scaling solutions while maintaining Ethereum’s decentralization and security.

Although Buterin did not specify a precise timeline for the full implementation of The Surge, he emphasized the importance of sustained progress in balancing scalability with Ethereum’s foundational principles.

“Our goal is to complete the rollup-centric roadmap and address these challenges while upholding the resilience and decentralization that define Ethereum’s identity,” he stated.

Buterin elucidated that the next phase in Ethereum’s roadmap will concentrate on the integration of two established scaling methodologies: sharding and layer-2 protocols.

Sharding enables nodes to process only a fraction of the total transactions, while layer-2 solutions, such as rollups, optimize data handling by offloading a significant portion of computations from the main blockchain.

Additionally, Buterin highlighted Ethereum’s rollup-centric strategy, which emphasizes the migration of most transaction processing to layer-2 networks like rollups while safeguarding the integrity of Ethereum’s primary blockchain.

This approach positions the core Ethereum chain as a secure foundational layer, with rollups facilitating scalability by aggregating multiple transactions off-chain, resulting in faster speeds and reduced fees without compromising the network’s security.

The ultimate objective is to finalize the roadmap by overcoming challenges while preserving the integrity of its settlement layer. Ethereum will continue to serve as a secure and decentralized base, with layer-2s assuming responsibility for scaling, Buterin expressed.

Challenging times ahead

One of the pivotal challenges, as noted by Buterin, is striking a balance in the scalability trilemma: decentralization, scalability, and security. Buterin’s proposal integrates cryptographic solutions like SNARKs to ensure transaction integrity without overwhelming the network’s nodes.

An essential aspect of Ethereum’s roadmap involves guaranteeing that layer-2s inherit Ethereum’s core tenets of trustlessness, openness, and resistance to censorship, he elaborated.

The roadmap also emphasizes maximal interoperability among layer-2s. In Buterin’s words, “Ethereum should operate as a single ecosystem, not 34 distinct blockchains.”

Buterin further highlighted recent advancements, including the introduction of EIP-4844 data blobs aimed at enhancing data bandwidth to enable Ethereum to accommodate higher transaction volumes more efficiently.

“These updates bring us closer to our objective: achieving 100,000+ TPS on L1+L2 while maintaining the decentralization and robustness of layer-1,” Buterin wrote.

In the year 2022, Ethereum executed “The Merge,” transitioning from a proof-of-work system to a more efficient proof-of-stake model, reducing energy consumption and introducing staking.

Ethereum’s forthcoming major upgrade, Pectra, will be rolled out in two phases, with the initial component anticipated in early 2025. This upgrade aims to optimize the blockchain’s scalability through transaction compression and enhanced staking rewards.

Edited by Sebastian Sinclair

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

DeFi Daily News

Conclusion: Vitalik Buterin’s unveiling of “The Surge” marks a significant milestone in Ethereum’s evolution, emphasizing the network’s commitment to scaling while upholding core principles of decentralization and security. The roadmap outlined by Buterin underscores the convergence of sharding and layer-2 solutions for improved transaction processing and enhanced scalability. As Ethereum navigates these challenges, the community eagerly awaits the realization of Buterin’s vision for a more efficient and resilient blockchain ecosystem. Stay tuned to DeFi Daily News for the latest updates and trends in the decentralized finance space.



Source link

Tags: AmbitiousButerinDecryptEthereumLayerplansRoadmapScalingSurgeUnveilsVitalik
ShareTweetShare
Previous Post

Infosys Q2 Earnings Forecast: Expect a 5.5% Quarterly Increase in Profit After Tax; Margins Could Drop by 20 Basis Points

Next Post

Masa Introduces Incentivized Testnet for Twitter Data Miners with 1M MASA Rewards

Next Post
Masa Introduces Incentivized Testnet for Twitter Data Miners with 1M MASA Rewards

Masa Introduces Incentivized Testnet for Twitter Data Miners with 1M MASA Rewards

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

November 15, 2024
The Future of Blockchain: An Inside Look at Cardano

The Future of Blockchain: An Inside Look at Cardano

July 18, 2024
rewrite this title and make it good for SEO’You are insanely lucky if you get…’: Netizens react after Bengaluru man exposes ‘biggest scam’ in rental security deposit

rewrite this title and make it good for SEO’You are insanely lucky if you get…’: Netizens react after Bengaluru man exposes ‘biggest scam’ in rental security deposit

November 16, 2024
How to Check if Your Gmail Account is Accessed from Another Location: Secure Your Email Now

How to Check if Your Gmail Account is Accessed from Another Location: Secure Your Email Now

July 27, 2024
rewrite this title Alaska Airlines Unveils a Few Details About New Premium Card – NerdWallet

rewrite this title Alaska Airlines Unveils a Few Details About New Premium Card – NerdWallet

December 10, 2024
Bitcoin Miners Selling Bitcoin to Stay Solvent Amid Volatility in Price – Decrypt

Bitcoin Miners Selling Bitcoin to Stay Solvent Amid Volatility in Price – Decrypt

August 13, 2024
rewrite this title CoinDCX Employee Arrested Over M Exchange Hack – Decrypt

rewrite this title CoinDCX Employee Arrested Over $44M Exchange Hack – Decrypt

July 31, 2025
rewrite this title AI-Powered Humanoid Robot Used by BMW, Figure 02, Now Does Laundry

rewrite this title AI-Powered Humanoid Robot Used by BMW, Figure 02, Now Does Laundry

July 31, 2025
rewrite this title Altcoins Stay In Danger Zone Until Bitcoin Clears This Level: Analyst

rewrite this title Altcoins Stay In Danger Zone Until Bitcoin Clears This Level: Analyst

July 31, 2025
rewrite this title and make it good for SEO Tengr.ai Sells Out NFT Collection in Seconds – NFT Plazas

rewrite this title and make it good for SEO Tengr.ai Sells Out NFT Collection in Seconds – NFT Plazas

July 31, 2025
rewrite this title NFT Scammer Jailed for 4K Theft via Hacked X Accounts

rewrite this title NFT Scammer Jailed for $794K Theft via Hacked X Accounts

July 31, 2025
rewrite this title Ethereum Price Crash Or Rebound? Why ,000 Holds The Key

rewrite this title Ethereum Price Crash Or Rebound? Why $4,000 Holds The Key

July 31, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.