Ethereum Targets 100,000 TPS On L1 And L2 With Buterin’s ‘The Surge’ Plan
In a new blog post titled “Possible futures for the Ethereum protocol, part 2: The Surge,” Ethereum co-founder Vitalik Buterin outlined an ambitious roadmap aiming to scale Ethereum’s transaction processing capacity to over 100,000 transactions per second (TPS) across Layer 1 (L1) and Layer 2 (L2) solutions. This initiative, known as “The Surge,” seeks to […]
Related News
Ethereum (ETH) miners have currently voted in favor of Vitalik Buterin’s soft fork following the attack on The DAO (DAO) and associated devaluation of both assets. Soft Fork: Miners Respond. The ETH creator’s rescue plan, details of which were released Friday that has since drawn both praise and criticism from throughout the community, is being upheld by....
Did Buterin come to his senses? Did Ethereum developer Péter Szilágyi’s thread convince him that something was rotten at the core of his protocol? Or is this some kind of sick joke? The title of the latest post on Vitalik Buterin’s blog is “In Defense of Bitcoin Maximalism.” Is this an April Fools prank? Or […]
Ethereum holds a top position among the promising blockchain platforms being investigated by R3, the financial innovation consortium that includes more than 50 of the world’s leading banks. Recently R3 commissioned Ethereum creator Vitalik Buterin to write a report on Ethereum design, upcoming technical developments and applications in private systems. Buterin’s report, titled “Ethereum: Platform Review - Opportunities and Challenges for Private and Consortium Blockchains,” is online on R3’s website. Buterin’s 44-page report gives a detailed overview of Ethereum’s overall architecture and....
Ethereum smashed through the $3,000 barrier and sits at new highs. While the cryptocurrency is at price discovery, its inventor Vitalik Buterin touched a milestone in terms of wealth. The 27-year-old has become the youngest crypto billionaire. Ethereum trades at $3,148 with a 7.8% profit in the daily chart. In the weekly and monthly chart, […]
Andrew Vegetabile, Director of the Litecoin Association, came out against a fork of Ethereum/The DAO, Decrying interference with The DAO by outside crypto developers in an open letter to “Vitalik Buterin, The DAO, future smart contract developers, and the throngs of individuals within the crypto ecosystem” today. Andrew Vegetabile Calls Buterin’s Intervention “Unprecedented”. He Cites the widespread negative impact outside of The DAO as significant disincentive: “…now Ethereum is having to face this very situation. From legal to sociological effects, the direction the leadership of a coin....