Ethereum co-founder Vitalik Buterin announced at the annual EthCC community conference in Paris that the future network bandwidth will reach 100,000 TPS.
🎤Welcome back @VitalikButerin 🎤
Speaking now at EthCC[5]in a talk named: “Thoughts about the longer term future of the Ethereum protocol”
Livestream👇https://t.co/XCrqygsq2N pic.twitter.com/oqC0nZCv41
— EthCC — Ethereum Community Conference (@EthCC) July 21, 2022
Speaking at the event, Buterin spoke about the upcoming “Merge” (The Merge), during which the blockchain will switch to the Proof-of-Stake (PoS) consensus algorithm, and presented long-term development prospects.
Further updates will include the implementation of sharding and the expansion of the use of Rollups, which will increase network throughput.
“By the end of this roadmap, Ethereum will be a much more scalable system and be able to handle 100,000 TPS,” Buterin said.
Among the most significant future changes, he named:
Achieving these goals is difficult, Buterin said, because of the complexity of the network and how quickly it changes.
Recall that in July, Ethereum developers tentatively scheduled the implementation of The Merge for September 19, 2022.
In May, team representatives predicted an update in August. Buterin also called this month the most likely time for the transition, but allowed the event to be postponed to September-October in case of “potential risks”.
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