The post Ethereum Founder Vitalik Buterin Shares Future Objectives for ‘The Surge’ appeared on BitcoinEthereumNews.com.

Vitalik Buterin, the co-founder of the Ethereum network, has outlined several objectives paramount to the future development of the blockchain. These goals are tailored to improve The Surge, the second phase of Ethereum’s developmental roadmap, which aims at scaling the network using rollups. According to a blog post, Buterin’s solutions aim to fix the blockchain trilemma, progress data availability sampling, mature layer-2 (L2) proof systems, scale execution of the Ethereum layer-1 (L1) network, and enhance interoperability across L2 chains. The Rollup-Centric Roadmap The Surge roadmap has already witnessed some successes, including enlarging the Ethereum L1 data bandwidth with the introduction of blobs, the growth of Ethereum Virtual Machine (EVM)-compatible rollups, and the implementation of sharding on L2 networks. However, these developments have come with unique challenges, and Buterin believes Ethereum developers’ task is to complete the rollup-centric roadmap by solving the issues while preserving the network’s robustness and decentralization. It is worth mentioning that the key goals of The Surge include at least 100,000 transactions per second on Ethereum and its L2s, preserving the decentralization and robustness of the Ethereum L1, maximum interoperability between L2s, and some L2s inheriting Ethereum’s core properties like trustlessness, openness, and censorship resistance. Buterin’s Objectives For The Surge The Ethereum founder proposed using a combination of data availability sampling and SNARKs to solve the blockchain trilemma. It refers to the challenge of achieving the three critical aspects of blockchain technology: security, scalability, and decentralization. The concept argues that it is difficult to accomplish all three simultaneously, as optimizing one often compromises the others. Buterin believes the trilemma can be achieved via data availability sampling, which can be made possible by compressing data on the Ethereum network. Since each transaction in a rollup takes significant data space on-chain, data can be compressed by signature aggregation, replacing…

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Filed under: News - @ October 18, 2024 4:09 am