Ethereum Plans Seven Updates by 2029
Ethereum Foundation plans seven major updates by 2029 to enhance the network.
Table of contents
Ethereum Plans Seven Updates by 2029
Innovation and technological development continue to be the focus of the Ethereum Foundation, which has announced an ambitious roadmap for the coming years. According to researcher Justin Drake, seven major protocol updates are planned to be implemented every six months until 2029.
Upcoming Updates
The update plans document includes phases such as Glamsterdam and Hegota, set to be implemented as early as 2026. Alongside these planned forks, projects under the working names Altair, Bellatrix, Capella, Deneb, Electra, and Fulu are also being considered.
Goals of the Ethereum Roadmap
Key focus areas for Ethereum updates are:
- L1 Speed: Aiming for finalization within seconds and reducing slot time.
- L1 and L2 Throughput: Enhancing up to 1 gigabyte of gas per second, enabling around 10,000 and 10 million transactions per second respectively via zkEVM (Zero-Knowledge Ethereum Virtual Machine).
- Post-Quantum Protection: Developing hash-based cryptography to protect the blockchain against quantum computer threats.
- L1 Privacy: Implementing built-in privacy through secure ETH transfers.
AI and Deployment Speed
Interestingly, integrating artificial intelligence into development could shorten the deployment timelines for updates. This opens up new prospects for accelerating technological progress in the Ethereum ecosystem.
Quantum Protection and Challenges
Ethereum co-founder Vitalik Buterin has announced plans to strengthen quantum protection by 2026. This includes upgrading encryption algorithms and transaction verification methods in response to the emerging threats from quantum computing.
Conclusion
These Ethereum updates shape an ambitious technological development roadmap. They are expected not only to improve the network’s performance but also enhance its security:
- Strengths: Protection against quantum threats, improved speed, and throughput.
- Risks: Potential technical issues when integrating new systems.
- Opportunities: Utilizing AI to accelerate technology implementation.
- Threats: Competition with other blockchains offering faster solutions.
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