Jakarta, Pintu News – Ethereum co-founder Vitalik Buterin recently announced an ambitious plan to increase the capacity of the Ethereum (ETH) network tenfold in approximately one year.
This move is expected to increase scalability without compromising the decentralization principle that characterizes Ethereum (ETH).
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Vitalik Buterin has shed some light on Ethereum’s (ETH) near-term future by revealing plans to implement full scalability. During a panel discussion at ETHGlobal Prague, Buterin revealed ambitions to scale the first layer (L1) of Ethereum (ETH).
Buterin expressed his support for plans to scale Ethereum (ETH) L1 by 10 times “within the next year and a bit more.” While scaling the L1 within a year is the ideal timeline, Buterin expressed concern over a rushed approach to scalability.
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Buterin added that this extended timeline will allow Ethereum (ETH) to continue monitoring decentralization metrics. In addition, the development team will use this additional time to tie up loose ends, re-examine sensor resistance, and possible improvements to the Ethereum Virtual Machine (EVM).
“At that point, it would be a good time to take a breath and have a period to verify that we’re okay in terms of decentralization properties,” Buterin said. Buterin has previously supported the use of stateless nodes for Ethereum (ETH) scalability to maintain user privacy and network decentralization.
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After a disappointing first quarter with declining Ethereum (ETH) price and on-chain metrics, several key opinion leaders have increased the clamor for immediate L1 scalability. Prominent Ethereum (ETH) researcher, Dankrad Feist, stated that the network is in grave danger if it fails to scale 100 times in five years.
Feist argues that Ethereum (ETH) will still maintain its privacy and decentralization advantages even if it adopts a 100 times L1 scalability strategy. Feist notes that a commitment to his proposal is a strong statement of intent for a network facing a wave of challenges.
As the discussion on Ethereum (ETH) scalability heats up, the ETH price is targeting $3,000 to erase the negative numbers from Quarter 1 of 2025. This move is expected to restore waning institutional interest and boost enthusiasm among corporates.
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