Ethereum co-founder Vitalik Buterin announced at the annual EthCC community conference in Paris that future network bandwidth will reach 100,000. TPS. Welcome @VitalikButerin Talking now on EthCC[5]In
Ethereum co-founder Vitalik Buterin announced at the annual EthCC community conference in Paris that future network bandwidth will reach 100,000. TPS.
— EthCC — Ethereum Community Conference (@EthCC) 21 July 2022
Speaking at the event, Buterin talked about the upcoming “The Merge”, where the blockchain will switch to the Proof-of-Stake (PoS) consensus algorithm and presented long-term development prospects.
Other updates will include implementing sharding and expanding the use of Aggregations that 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 important changes to come, he said:
Buterin said these goals are difficult to achieve because of the complexity of the network and how quickly it changes.
Recall that in July, Ethereum developers tentatively planned the implementation of The Merge for September 19, 2022.
In May, team representatives predicted an update in August. Buterin also described this month as 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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