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Ethereum May Go ‘Irrelevant’ In 10 Years: ETH Researcher

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Ethereum Foundation Researchers Dankrad Feist warned that the base layer of ETH could be slippery with disagreement for a decade unless the community embraced a more aggressive roadmap for on-chain scaling and protocol overhaul. Writing in a post at the Ethereum Magicians Forum, Feist introduced a draft EIP to pre-commit the network on a multi-year schedule of sharp gas-limiting and complementary architectural changes.

“I think it's time for being unconventional, as the current way of doing things is likely to make Ethereum unrelated to the next 5-10 years,” Feist's argument at the beginning of his proposal.

The main concern of the feist is strategic. He insisted that the main chain should remain “Ethereum's economy,” which warned that the prevention of liquidity in an expansion of the constellation of Layer 2 networks threatens the platform's competitive position. “If L1 does not matter and loses liquidity and defi, there will also be fewer than a reason for the L2 to remain attached to Ethereum,” he wrote, adding that rival ecosystems “eager to get the market sharing” precisely by offering high-throughput, single layer user experiences.

What needs to change for Ethereum?

In the face of technical, the researcher pointed out the rapid development of the proof of zero validity: “The validation of Ethereum L1 blocks has become the first possible, and now is cheap,” he said, citing a current per-block proof that only cost a few cents through available public dashboards. According to the Feist, the ecosystem is on track to achieve single-slot proof latency later this year, while data-availability sampling (DAS) through Peerdas initiative will “be reality too.” Together, these breakthroughs open the door to the “100x to 1000x the current size while maintaining the most important possession: verification and resistance to censorship.”

Feist features that the architecture of the Ethereum node still reflects the 2009 design of Bitcoin, asserting that it should sprout in different roles-some are lighter than the entire node today, others are “beefy” builders or provider operating under a one-out-of-n honesty. “The key to maintaining security and keeping Ethereum uncontrolled [is] That all types of nodes can still run from home in some places, ”he wrote, referring to research calls led by Ethereum Foundation colleague Barnabé Monnot.

Historically, Ethereum management preferred the addition, but Feist is fighting that the uprising is now young courts. “Working backwards from a goal tends to have better outcomes than making changes in rising possible,” he said, calling for hard-coded targets than open-minded. Under his outline, the upcoming Glamsterdam upgrade will prioritize the delay of implementation, shorter slot hours, and “aggressive history of expiry.” The subsequent forks in the next two years will add transaction parallel implementation, coded blocks, a ZKEVM formed, implementation payloads within the blobs, and the focil mechanism to ruin the resistance to the censorship.

The feist emphasizes that performance engineering should accompany the task of consent: “Having a concrete goal in mind will let us prioritize this work as well as concrete upgrades if necessary.” Databases and mempools optimized for a five-fold increase of throughput, reason it, may look “different” from those designed for a hundred times the jump.

Waiting for noting that a high-throughput roadmap will be Ethereum in a “chain chain,” Feist removes the label as shallow. “The basic value of the Ethereum proposal is not the home staker, it is the verification and resistance to censorship,” he argues. While acknowledging that most users rely on custodial RPC endpoints rather than self-run nodes, he said zero-knowledge proof verification will make use-minimized use easier, not more difficult. Moreover, mechanisms such as focil or minimum censorship proposers (MCP) can deliver “better censorship resistance than we have today.”

Feist closes by underscoring the “Large Moat of Ethereum in Defi Liquidity” and insists that collected applications still derive network effects from Layer 1 proximity. “At 100x the current size, Ethero L1 can support a massive range of transactions-transactions[s] Such competing here in the terms of the scale is not an interesting -kind game to play today, “he wrote. The” Endgame, “in his vision, is a base layer capable of processing orders of magnitude more activity without sacrificing the protocol guarantees.

“We need to do this soon, both because builders and applications need unpredictable, and because we need to prioritize it so that it can be accomplished.”

At the time of press, ETH exchanged $ 1,812.

Ethereum price
Ethereum Stall below 0.236 fib, 1-week chart | Source: Etusdt at TradingView.com

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