Tevel

World news, in Hebrew and English

Vitalik Buterin Outlines 2030 Vision: Ethereum Is No Longer Just a Blockchain

The Ethereum co-founder aims to significantly expand the network's processing capacity without requiring every computer to repeat identical calculations.


Vitalik Buterin in London, 2015
Vitalik Buterin in London, 2015 · Photo: John Phillips · CC BY 2.0 · Wikimedia Commons

Vitalik Buterin, co-founder of the Ethereum network, has presented a comprehensive vision toward 2030 describing the system's evolution beyond its traditional definition. According to reports by The Block and CoinDesk, Buterin stated that the network is "really not just a blockchain anymore."

According to the report by CoinDesk, Buterin's central goal is to enable Ethereum to handle a substantially higher volume of computational work without forcing every computer on the network to repeat identical calculations.

Further technical details and a complete timetable for implementing the plan have not yet been released.

Sources: The Block, CoinDesk

Generated automatically by the Tevel desk and labelled as such.