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The Ethereum Foundation has just released an impressive declaration outlining the development direction for the next decade of the world's most active public blockchain. This declaration, titled "Lean Ethereum," sets forth two ambitious goals: achieving quantum-level security and processing a million transactions per second.
The release of this declaration comes shortly after the tenth anniversary celebration of Ethereum, demonstrating the Ethereum team's vision and determination for the future. Since its launch in 2015, Ethereum has become the hub for decentralized finance, NFTs, and Web3 applications, with its economic security reaching approximately $130 billion, and 35.7 million ETH staked on the mainnet.
However, Ethereum is not content with the status quo. The new declaration sets higher goals, aiming to increase security scalability tenfold over the next decade. This ambitious plan reflects Ethereum's ongoing commitment to innovation and leadership in the blockchain space.
It is worth noting that this declaration was written by researcher Drake, and the foundation specifically emphasizes that it represents personal views, welcoming diverse opinions from the protocol, the Ethereum Foundation, and the broader Ethereum community. This open and inclusive attitude is one of the key factors driving the continuous progress of Ethereum.
Looking to the future, Ethereum will delve into hash-based post-quantum signatures and SNARK technology to address potential threats from quantum computing. At the same time, the goal of increasing transaction processing capacity to one million per second will greatly enhance the practicality and scalability of the Ethereum network.
This declaration is not only a plan for Ethereum's own future but also an important guide for the development direction of the entire blockchain industry. As these goals are gradually achieved, we can expect Ethereum to continue leading innovation in blockchain technology and pave the way for broader application scenarios in the future.