Smart Contracts
Strategies to Scale Ethereum Ecosystem
Friday. January 24 at 1:00 PM
1 min. readEthereum co-founder Vitalik Buterin has proposed a comprehensive approach to expand the Ethereum ecosystem by promoting growth in layer-2 solutions, advancing blob scaling, and reinforcing Ether's significance as the primary economic driver. Buterin emphasized the importance of Ether as the main asset in the Ethereum economy and suggested that L2 networks should support ETH with a portion of fees. He also advocated for increasing the blob count to enhance transaction capacity. While L2 networks have made progress in reducing transaction fees and improving scalability, Buterin stressed the need for wider adoption and interoperability among L2s. He highlighted the evolution of L2 networks from experimental stages to more advanced solutions and called for standardized crosschain messaging and faster transaction times to create a more unified ecosystem. Buterin also emphasized the importance of maintaining Ethereum's technical and social utility while cautioning against compromising foundational principles for utility gains.