Altcoin Daily, a highly-regarded crypto influencer on Twitter, has recently unveiled excerpts from an interview with Vitalik Buterin, co-founder of the Ethereum blockchain. In the interview, Buterin shares his insights on the future of the network, spanning from the current year to the next decade. The content is informative and professional, providing valuable insights for those interested in cryptocurrency.
As per Buterin’s expert analysis, 2023 is poised to witness the full maturation of Rollups, thanks to the strategic implementation of EIP-4848. This crucial protocol is designed to provide Rollups with ample space to operate seamlessly. For the uninitiated, Rollups are innovative layer-2 scaling solutions that efficiently compile multiple transactions into a single data package, which is then submitted to the Ethereum mainnet. This promising development is set to revolutionize the Ethereum ecosystem and unlock new possibilities for its users.
According to Buterin, the ultimate goal for Ethereum is to achieve complete trustlessness in scaling, coupled with full dank sharding. However, this may require a few more years to accomplish. Buterin believes that by implementing proof-of-stake withdrawals and other fundamental scaling enhancements, the blockchain can be considered “done” by the conclusion of 2023.
Moreover, Buterin emphasized that the team may consider pausing any additional advancements once the transition to proof-of-stake, withdrawal implementation, and sufficient cryptography integration is completed on Ethereum. Nevertheless, the overarching objective remains to fortify the Ethereum ecosystem to accommodate up to 500 million users, well-prepared for bullish market trends.
In Buterin’s words:
That is the next part of the future: the transition from Ethereum as a very theoretical ecosystem still discovering itself to an ecosystem that tries to be useful, usable, and secure as those things would provide value to 500 million people.
The Ethereum founder emphasized the implementation of crucial modifications to the blockchain to enhance its developer-friendly nature and facilitate the creation of layer two scaling solutions.
