Vitalik Buterin Unveils Ethereum Scaling Plan: 10x Increase in Network Capacity

Ethereum’s co-founder, Vitalik Buterin, unveiled a bold plan to scale the blockchain network by a factor of ten over the next year. His proposal includes a strategic pause after initial deployment to ensure the network maintains decentralization. This move aims to enhance Ethereum’s throughput and address scalability challenges through stateless nodes and single-slot finality, as outlined during an ETHGlobal Prague session.