Vitalik outlines strategy for scaling Ethereum and strengthening ETH
Vitalik Buterin presented a comprehensive strategy to scale Ethereum by focusing on the growth of layer-2 (L2) solutions, enhancing blob scaling, and reinforcing Ether's role as the ecosystem's main economic driver. In his blog post, Buterin advocated for Ether to be established as the primary asset in the Ethereum economy, urging L2 networks to contribute a portion of their fees to ETH. He highlighted the successful achievements of L2 networks in reducing transaction fees but emphasized the need for increased adoption and interoperability between these solutions. Furthermore, Buterin discussed the technical enhancement of increasing the blob count, allowing Ethereum to accommodate more transactions at lower costs without compromising decentralization or security. He mentioned upcoming improvements under EIP-4844 and Pectra that aim to significantly boost transaction capacity. Buterin also warned against undermining Ethereum's core principles for utility and stressed the importance of continuous development of both the technical and social aspects of the network, along with the necessity of building a unified Ethereum ecosystem.
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