ETH is targeting a speed update in "3-4 years"
NEIRO the bropump dog currency on Solana gets sub 200ms transaction and is already dirt cheap, whilst being extremely easy to build with AI in (checks notes), 5 weeks thanks to
@anza_xyz.
- bropump
Lots of talk around the new Ethereum upgrade so let’s do a little dive in,
Per Vitalik, Ethereum have announced and working towards a new roadmap called “Lean Ethereum”, a three-to-four-year reconstruction of almost every major component of Ethereum, which he describes as Ethereum’s “third major iteration,” comparable in scale to the Merge
Ethereum’s state, meaning all balances, contracts and stored application data, has become increasingly expensive for nodes to maintain. The “Lean” plan proposes keeping a limited amount of today’s flexible state while introducing more restricted but dramatically cheaper forms of storage.
The claim is that this could let Ethereum support vastly more onchain data without requiring every node to store and process everything in the current manner. Certain token operations could reportedly become more than ten times cheaper, while existing applications should remain backward compatible
Another important step is, making cryptographic proofs central to Ethereum
Instead of every validator repeatedly performing every calculation conventionally, compact proofs could demonstrate that the calculations were performed correctly.
Preparing for Quantum resistance is also another key focus,
The current validator and wallet signature systems rely heavily on elliptic-curve cryptography, which sufficiently powerful quantum computers could threaten. Lean Ethereum is attempting to redesign consensus, accounts and proofs around hash-based or otherwise post-quantum-secure cryptography before it becomes too late
Overall, these changes are intended to create a path from Ethereum’s current roughly 60 million block gas limit toward approximately 200 million.
