'1M TPS': Ethereum's Drake Unveils Key Goals for Next Decade

Key Points

1. Ethereum's advantages include 100% uptime, unmatched client diversity, and $130 billion in economic security.

2. Drake proposes replacing older cryptographic primitives with hash-based alternatives to counter quantum computing threats.

3. Scaling strategy includes real-time zkVMs for faster smart contracts and data availability sampling (DAS) for seamless verification.

4. Near-term performance boosts expected, with long-term goals of 10,000 TPS on layer-1 and higher scalability via layer-2 solutions.

5. Ethereum is viewed as a global public good, aiming to remain resilient and online despite technological challenges.