Ethereum Foundation Outlines Potential 10,000 TPS and Quantum Resistance Goals for Future Scalability
Main Idea
The Ethereum Foundation outlines ambitious goals to achieve 10,000 transactions per second (TPS) and quantum resistance to enhance scalability and security for global blockchain users.
Key Points
1. Ethereum aims to increase transaction throughput to 10,000 TPS using ZK-rollups and sharding to improve speed and reduce fees.
2. Quantum resistance is being developed to protect the network from future quantum computer attacks, ensuring long-term security.
3. The Ethereum Foundation coordinates phased upgrades ('The Surge,' 'The Verge,' 'The Purge,' 'The Splurge') to address scalability, efficiency, and security.
4. Current Ethereum metrics show ~30 TPS, with a target of 10,000 TPS, and a shift from classical cryptography to quantum-resistant methods.
5. Scalability improvements are essential for mass adoption, enabling efficient use in DeFi, NFTs, and decentralized applications by reducing gas fees and confirmation times.
Description
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