The Ethereum Foundation researcher Dankrad Feist has warned that ETH’s base layer could slip into irrelevance within a decade unless society includes a much more aggressive roadmap for scaling on the chain and protocol. Feist, who writes in a post on Ethereum Magicians Forum, introduces a draft EIP that would pre-approval of the network to a multi-year schedule for sharp gas-limit increases and supplementary architectural changes.
“I think it’s time to be unconventional, as the current way of doing things is likely to make Ethereum irrelevant over the next 5-10 years,” Feist claims at the beginning of his proposal.
Feist’s main concern is strategic. He insists that the main chain must remain “Ethereum’s economic center” warns that divide liquidity over an expanding constellation of Layer 2 networks threatens the platform’s competitive position. “If L1 is insignificant and loses its attraction of liquidity and defi, there will also be less for a reason for L2 even remain linked to Ethereum,” he writes, adding that rival ecosystems are “eager to have its market share” exactly by Offers high throughputsingle -layer’s user experiences.
What needs to change for Ethereum?
On the technical front, the researcher points to rapid progress in the validity of the zero knowledge: “Prove Ethereum L1 blocks were first possible and is now cheap,” he notes and quotes a current cost per block of only a few cents via publicly available dashboards. According to Feist, the ecosystem is on its way to achieve the individual evidence later this year, while data adaptation companies (DAS) through the Peerdas initiative “will also become a reality.” Together, these breakthroughs open the door to “100x to 1000x on the current scale at the same time as the most important characteristics: verifiability and censorship resistance.”
Feist emphasizes that Ethereum’s nod architecture is still reflecting Bitcoin’s Design 2009, claiming that it must develop into differentiated roller-certain more than today’s full nodes, other “beef” builders or tests that work under a one-out-n-n-adoption. “The key to maintaining safety and keeping Ethereum unstoppable (IS) that all node types can still be driven from home in some places,” he writes, referring to research calls led by Ethereum Foundation -College Barnabé Monnot.
Historically, Ethereum -control has preferred incrementalism, but Feist claims that shyness now outdated courts. “Working back from a goal tends to have better results than making incremental changes when they become possible,” he says, and requires hard -coded goals rather than open consideration. Under his disposition, the coming Glammsterdam Upgrade would prioritize delayed driving, shorter castle times and “aggressive history.” Subsequent forks over the next two years would add parallel transaction version, deleted blocks, an anchored DisadvantageExecution payables inside the lumps and Focil mechanism to increase the censorship resistance.
Feist emphasizes that performance technology must follow the consensus layer work: “Having a concrete goal in mind will let us prioritize this work as well as the concrete upgrades as needed.” Databases and Mempool’s optimized for a five -time increase in throughput, he reasoned, can see “very different” from those designed for a hundred and traffic.
Expecting criticism that a highway with high throughput would turn Ethereum into a “data center chain”, dismisses the Feist label as superficial. “The core hostal proposal for Ethereum is not the homemade, it is verifiability and censorship resistance,” he claims. While recognizing that most users already trust the storage of RPC endpoints rather than self-driving nodes, he claims that zero knowledge’s evidence verification will facilitate trust-minimized use, not more difficult. In addition, mechanisms such as focus or minimum censorship suggestions (MCP) can deliver “better censorship resistance than we have today.”
Feist is closed by emphasizing Ethereum’s “huge moat in defi -likeness” and insisting that colored applications still receive network 1 network effects. “At 100x The current scale, Ethereum L1 can support a very large selection of value transfer (s) so to compete with it simply on scaling terms is not an interesting game to play anymore,” he writes. The “playoffs”, in its vision, is a base layer that can process orders of size more activity without sacrificing the protocol’s defining guarantees.
“We must commit ourselves as soon as possible, both because builders and applications need predictability and because we have to prioritize properly so that it can actually be implemented.”
At press time, ETH acted to $ 1,812.
Featured image created with Dall.e, chart from tradingview.com
Editorial process For Bitcoinist is centered on delivering thoroughly investigated, correct and impartial content. We maintain strict purchasing standards, and each page undergoes frequent review of our team of top technological experts and experienced editors. This process ensures integrity, relevance and value of our content for our readers.
