Vitalik Buterin Aims for Ethereum to Achieve 100,000 Transactions Per Second
Vitalik Buterin outlines a strategy to increase Ethereum's transaction capabilities significantly through Layer 2 technology.
Ethereum co-founder Vitalik Buterin set an ambitious target of 100,000 transactions per second (TPS) in a recent blog entry. This milestone aims to be achieved by enhancing integration with Layer 2 solutions, although it requires preliminary work on standardization.
Buterin articulated that the rollup-centric roadmap will enable the network to attain this TPS goal, incorporating advanced data availability sampling along with data compression technologies.
"The rollup-centric roadmap proposes a simple division of labor: the Ethereum L1 focuses on being a robust and decentralized base layer, while L2s take on the task of helping the ecosystem scale," Buterin explained.
He analogized this structure to a court system that prioritizes the safeguarding of contracts and property rights over speedy transactions, leaving creative builders to operate atop this solid foundation.
Buterin contended that while increasing the gas limit could seem like an instant remedy, it would foster centralization by mandating expensive hardware, inadvertently sidelining smaller nodes and shrinking the validator pool.
He suggested instead a multi-faceted approach, exploring efficient gas fees and introducing an optimized bytecode format, referred to as EOF (Ethereum Object Format). Moreover, he expressed concern over the existing friction among Layer 2 solutions that currently resemble isolated units rather than part of a unified ecosystem.
"Ethereum should feel like one ecosystem, not 34 different blockchains," Buterin urged, recommending the inclusion of standardized chain identifiers to enhance interoperability across its networks.
In a personal reference, he illustrated this issue by recalling a lost bet on Polymarket, attributing it not to poor judgment but accidentally selecting a mismatched chain.