After months of back-and-forth, Vitalik Buterin says Ethereum will scale its layer 1 by 10X in the near future. Buterin confirms that the timeline for the 10X scalability roadmap will be a little over a year without affecting the network’s decentralization. Vitalik Buterin Confirms Ethereum Layer 1 Scaling Plans Ethereum co-founder Vitalik Buterin has provided clarity for the short-term future of Ethereum, hinting at a wholesale implementation of scalability plans. Buterin confirmed the plans at a panel discussion at ETHGlobal Prague, unveiling L1 scaling ambitions. Buterin revealed that he will back a plan to scale Ethereum’s layer 1 by 10X “over the next year and a bit.” While scaling the L1 within a year is an ideal timeline, Buterin expressed concerns over a frenzied approach toward scaling. He argues that scaling the L1 in a little over a year offers an ideal alternative for the network. Buterin’s proposed timeline factors… Read More at Coingape.com
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