10 years on, Ethereum finally has a plan to solve the blockchain trilemma and scale the L1 to 10,000 TPS while maintaining decentralization.
A decade after the first block was generated on July 30, 2015, Ethereum’s roadmap has a renewed sense of direction and purpose.
Sure, the recent price increase helps a lot, but after years of mucking around with scaling via L2s, the Ethereum L1 finally has a credible path to maximal scaling while preserving maximal decentralization.
The TL;DR is that the gas limit and transactions per second (TPS) will increase multiple times a year from here on out. Validators will switch from reexecuting transactions to simply verifying zero-knowledge (ZK) proofs, enabling the base layer to hit 10,000 transactions per second.
The L2s will scale up in concert to process hundreds of thousands, if not millions of TPS, and a new type of L2 called native rollups will act like programmable shards of a unified blockchain offering the same security as the base layer.
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