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Vitalik Buterin considers Ethereum development only ‘55% compl | DeFi & Ethereum News

Vitalik Buterin considers Ethereum development only ‘55% complete’ after The Merge

Ethereum
founder Vitalik Buterin sees Ethereum’s history moving off-chain to reduce the protocol’s complexity. Speaking on the main stage of EthCC on July 21 about the long-term future of Ethereum, Vitalik stated that Ethereum is going through a transitional state and its development is only “40% complete.”

The merge is coming around September when Ethereum finally moves to proof of stake, the surge relates to the implementation of sharding, the verge brings in verkle trees, the purge will reduce the hard drive space needed for validators, and the splurge will do “all the other fun stuff.” Following the merge this year, Vitalik thinks that “everyone working hard to make it should be super happy at this point.” Further, he believes that Ethereum will be “55% complete.” Sharding will come next, bringing Ethereum “up to 100K transactions per second after the surge.”

Source

https://t.me/DeFi_Ethereum