Ethereum Foundation researchers publish ‘strawmap’ outlining seven forks through 2029
Summary
Ethereum Foundation researchers have published a technical roadmap, dubbed a “strawmap,” outlining seven network upgrades anticipated through 2029. The document, announced by Justin Drake, aims to reduce slot times and finality periods while introducing features like native shielded transfers. The roadmap identifies five key technical objectives – 'fast L1,' 'gigagas L1,' 'teragas L2,' 'Post-Quantum L1,' and 'Private L1' – targeting significant improvements in transaction speed and data bandwidth. Ethereum co-founder Vitalik Buterin lauded the document, detailing expectations for incremental decreases in slot times and finality, potentially reaching 2-second slots and finality within seconds. The plan involves a phased approach, incorporating cryptographic upgrades and responses to recent security concerns, with a projected completion of all seven forks by 2029, though this timeline could be accelerated by advancements in AI or formal verification.
(Source:The Block)