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At least for now, Ethereum's price has not lived up to expectations. While the world's second-most valuable cryptocurrency struggles to excite investors, its co-founder Vitalik Buterin is focused on ambitious projects that could reshape the future. I'm guessing. At the 10th Global Blockchain Summit, he shared his plans for Ethereum, including a record speed of 100,000 transactions per second and other promising innovations.
More ambitious goals for Ethereum
Vitalik Buterin announced clearly. Ethereum's big ambitions At the Global Blockchain Summit held in Shanghai on October 17th. The priorities are: Over 100,000 transactions per second Through our Layer 2 solution, we enable cross-chain transfers in less than 2 seconds and unify the user experience.
of Cross-chain exchange security It also takes precedence over EVM (Ethereum Virtual Machine) improvements.
The main goals of Ethereum are:
- Over 100,000 transactions per second (TPS) with L2 solutions.
- Cross-chain transfers complete within 2 seconds.
- Enhanced cross-chain security. It takes precedence over other improvements.
Buterin didn't mince words.we are going to do that Fundamentally change the user experience and what to redefine decentralization means.“
He seems determined to make Ethereum the undisputed leader in the blockchain space.
Cryptocurrency market trends and stakes
The crypto market is buzzing with activity, with new projects emerging every day, but few manage to establish themselves like Ethereum. still, There are many challenges: Large-scale adoption, regulation, and technological evolution are all parameters that need to be closely monitored.
Hackathons and conferences like ETHShanghai 2024, dedicated to Web3 innovation, Global enthusiasm for blockchainBut it also comes with high community expectations.
During International Blockchain Week in Shanghai, events such as MEV Shanghai and Bethink Hackathon showed that innovation never rests. especially, Prizes up to RMB 100,000 Delivered to the best developers to provide innovative solutions. These efforts allow us to envision future technologies with Ethereum as a leader.
According to some analysts, Vitalik Buterin’s plan to reach 100,000 transactions per second is very likely to push up the price of Ethereum.
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Disclaimer
The views, ideas and opinions expressed in this article are solely those of the author and should not be construed as investment advice. Please do your own research before making any investment decisions.
