Ethereum Foundation Addresses Scalability Concerns & Future Vision at Reddit AMA

The Ethereum Foundation (EF) held a Reddit Ask Me Anything (AMA) session, where they discussed challenges surrounding scaling, Layer 1 revenue generation, and security. The session addressed upcoming Pectra upgrades, the economic model, and long-term scaling strategies. Notably, top EF researcher Justin Drake highlighted that the first phase of the two-phase Pectra update is expected to commence in the coming months. This phase will double transaction capacity per block from three to six, aiming to disrupt the current fee market.