Ethereum co-founder Vitalik Buterin announced the 10x Layer 1 scaling plan at the ETHGlobal Prague event. Buterin said the process will take about a year and a bit more. However, he emphasized that scaling must be done gradually and carefully.
The Ethereum network has recently faced pressure to scale. Buterin pointed out that rushed decisions could harm decentralization. According to him, a slow and steady roadmap is essential. This plan will protect censorship resistance while allowing time for Ethereum Virtual Machine (EVM) improvements. Meanwhile, Vitalik said:
“At this point, it will be good to take a breather and have a period to verify that we are doing okay on decentralization,”
The stateless node technology will also protect user privacy during scaling. This technology enables the network to operate faster and more securely.
Buterin Clarifies Ethereum’s Scaling Plan
Buterin’s 10X scaling plan will increase Ethereum’s transaction capacity and reduce gas fees. This development is reigniting interest among institutional investors.
Ethereum researcher Dankrad Feist warns that if the network does not scale 100X in the next five years, risks will increase. However, Buterin believes rapid scaling carries risks. According to him, ensuring the network’s resilience comes first. The plan aims to reduce network delays, improve performance, and protect privacy. Decentralization metrics will be closely monitored and updated as needed.
On the corporate front, Buterin Clarifies Ethereum’s Scaling Plan is preparing a $2 billion investment in Ethereum through BTSC and various ETFs. This move boosts institutional confidence.
ETH price aims to recover losses from the first quarter of 2025 and reach $3,000.
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