Ethereum co-founder Vitalik Buterin has announced “The Surge”, an ambitious vision for the future of Ethereum’s blockchain scaling solution. This unique roadmap aims to significantly enhance ETH’s transaction processing capacity through the integration of layer 2 solutions, with a goal of 100,000 crypto transactions per second.
The main goal of “The Surge” is to make Ethereum an integrated ecosystem where various layer 2 solutions work perfectly on the Ethereum main chain. At the moment, Ethereum can only handle 15-30 TPS, which seems insufficient to meet the ever-increasing demands of dApps and crypto users. With ‘The Surge’, the co-founders intend to increase this capacity by more than 3,000x, bringing the network closer to the 100K TPS mark.
Several technical improvements are planned to achieve this goal. This includes the use of advanced cryptographic solutions like Succinct Non-interactive Arguments of Knowledge (SNARK), which ensure transaction integrity without overloading Ethereum network nodes. This comes at a time when Ethereum price has shown impressive upward momentum, trading at over $2,600, up more than 11% in the month.
