Vitalik Buterin announces that Ethereum’s Layer 1 is expected to scale approximately tenfold within the next year, followed by a pause before its subsequent major upgrade.
At the recently concluded ETHGlobal Prague, Ethereum co-founder Vitalik Buterin revealed that the layer 1 blockchain is set to undergo a significant upgrade over the next year. Responding to questions about Ethereum scalability goals, he stated “we should scale L1 about 10x over the next year and a bit.”
A key goal of the timeline is to take a steady approach to the upgrade. Buterin emphasized the importance of “scaling safely,” highlighting the need to balance scalability improvements with preserving decentralization.
Buterin added that following the scaling upgrade there will be a pause period to assess the network before proceeding to its next subsequent upgrade.
“At that point, it will be a good time to take a breather and have a period to verify that we are actually doing okay on decentralization properties,” he noted, adding that the pause will also give developers time to tie up loose ends and refine key improvements.
Buterin’s statements come in response to the recent questions about the sustainability of the Ethereum network across the industry.
In a seperate conversation with cLabs CTO & co-founder Marek Olszewski, the Ethereum co-founder added that the incoming solutions will ensure improvements to the broader ecosystem.
“Increasing block sizes on Layer 1 creates more space and makes it easier for Layer 2 solutions to operate securely and efficiently,” he explained.
Ethereum’s native token (ETH) has seen minimal price movement over the past 24 hours, posting a minor 0.03% gain to trade slightly above $2,500. Despite the short-term stability, ETH is still down roughly 10% from its monthly high.
