Strengthening Ether as the Ecosystem’s Core Value

Buterin noted the critical importance of positioning Ether as the primary asset of layer 1 and layer 2 Ethereum economies. He argued that layer 2 networks should support transaction fees with ETH and proposed increasing the number of “blobs” to provide more transaction capacity.

Layer-2 Solutions for Scaling

Layer 2 networks have significantly contributed to reducing transaction fees and increasing transaction capacity by operating on Ethereum’s main layer. However, Buterin stressed the need to accelerate the adoption of these solutions and increase interoperability between layer 2 networks.

He stated that Ethereum’s user experience should feel like a single unified ecosystem rather than multiple different blockchains. He also emphasized the need for ETH to continue gaining value in a layer 2-intensive world, highlighting the importance of standardized cross-chain messaging and faster deposit and withdrawal times.

Increasing Transaction Capacity with Blob Scaling

Buterin expressed that the Ethereum network should adopt a blob-focused scaling strategy. (Blobs are a tool that allows the network to process more transactions at lower costs without compromising decentralization or security)

Buterin indicated that forward-looking goals could reach levels like 128 blobs/second, potentially achieving a capacity of 100,000 transactions per second (TPS).

Leadership Change and Ethereum Foundation

Despite adopting an inclusive approach in Ethereum’s development process, Buterin noted that he remains the sole decision-maker in the Ethereum Foundation’s leadership. He stated that this situation would continue until an appropriate board is established with the planned innovations.

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