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Ethereum’s co-founder, Vitalik Buterin, has outlined his future plans for the cryptocurrency, aiming to see Ethereum’s network achieve more than 100,000 transactions per second. His strategy, dubbed “The Surge,” also involves improving connections between Ethereum’s layer 2 blockchains. Despite criticism of the approach, which some claim has made Ethereum’s token inflationary, Buterin remains optimistic. He wants to make layer 2 networks more trustworthy and the user experience smoother. He is now focused on implementing a new roadmap that maintains Ethereum’s security and decentralization while also addressing scalability through a rollup-centric methodology.

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Ethereum’s co-founder, Vitalik Buterin, recently shared his plans for the next steps in Ethereum’s development journey, in a phase called “The Surge.” One of his major targets is to help Ethereum’s network achieve over 100,000 transactions per second. He also wants to enhance the connectivity between Ethereum’s layer 2 blockchains.

Buterin feels that Ethereum should be recognized as one entity, not different blockchains operating independently. He also mentioned Ethereum’s success with its previous development steps, which came with its fair share of challenges too.

Previous updates like Dencun (incorporating both Shanghai and Cancun-Dened upgrades) brought in loads of improvements. They cut data costs and lowered transaction fees on layer 2 networks.

Despite the criticism of Ethereum’s development approach, Buterin is optimistic. However, he admits the method needs improvements. For example, some critics argued that layer 2 chains were “stealing” users from Ethereum’s main chain. This introduced new security threats and caused Ethereum’s own token, Ether, to become inflationary.

Buterin shared that there were several things Ethereum needed to improve on. Among them include improving data availability sampling, enhancing data compression, making layer 2 networks more trustworthy, and refining user experiences across blockchains.

According to him, the Ethereum community must make certain layer 2 networks are trustless. This would allow them to share Ethereum’s core properties, resulting in better scaling over time.

He also emphasized the need to upscale Ethereum’s main chain to meet increasing demand. He suggested that if layer 2 solutions are scalable and successful but the main chain is lagging behind, Ethereum could face many risks.

One way to solve this would be to increase Ethereum’s gas limit. However, this could introduce centralized risks due to the increased costs experienced by stakeholders.

Buterin also noted the importance of enhancing the user experience when navigating Ethereum’s subsequent layer 2 networks. Making it easier for layer 2 networks to communicate with each other could help make using Ethereum much easier for users.

Previously, Ethereum’s development relied heavily on the ETH 2.0 roadmap, which aimed to scale Ethereum using a method called “sharding.” However, Buterin later changed to a rollup-centric approach, which carries out execution and computation off the main chain while still maintaining its security.

His main task now is to complete this new roadmap while maintaining Ethereum’s robustness and decentralization.

Source: Cointelegraph