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Vitalik Buterin Shared Ethereum’s Roadmap!

Following the successful launch of Ethereum 2.0 Phase 0, Ethereum co-founder Vitalik Buterin has published an updated roadmap on what will happen next for the project.

The current development of Ethereum 2.0 is usually in stages. Stage 0 is an update that enables staking features but has no impact on the application layer. Tier 1 enables data fragmentation by increasing storage capabilities without directly affecting application performance. Finally, Stage 2 fully delivers transaction splitting and promises thousands of transactions per second.

Buterin said in March that this roadmap template is valid for the next five to ten years.

Vitalik Buterin’s roadmap covers all Ethereum developments to provide a detailed overview of the next steps.

Following the successful launch of Ethereum 2.0 Phase 0, Ethereum co-founder Vitalik Buterin has published an updated roadmap on what will happen next for the project.

The current development of Ethereum 2.0 is usually in stages. Stage 0 is an update that enables staking features but has no impact on the application layer. Tier 1 enables data fragmentation by increasing storage capabilities without directly affecting application performance. Finally, Stage 2 fully delivers transaction splitting and promises thousands of transactions per second.

Buterin said in March that this roadmap template is valid for the next five to ten years.

Vitalik Buterin’s roadmap covers all Ethereum developments to provide a detailed overview of the next steps.

Key features of the next major update are Ethereum’s transition to a proof-of-stake algorithm. Additionally, the group working on a fragmented data structure hopes to achieve enormous scalability improvements. With this data division algorithm, the maneuver space can be greatly increased and more than 10,000 operations can be performed per second.

According to Buterin, the progress rate in data splitting and clients is still below 50%. Buterin’s thoughts are directly proportional to the predictions that Phase 1 will take at least another year to form.

Progress on clients and the Ethereum 1.x initiative is also below 50%, according to the table. The cryptography technology of polynomial commitments, for which Buterin was previously the key to practical clients, also seems far from complete. Similarly, work on many other types of advanced cryptography technology and an improved virtual machine is at an early stage.

After publishing the roadmap, Buterin quickly urged the EIP-1559, a proposal to burn most of the transaction fees collected by the protocol, rather than provide it to miners.

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