Ethereum Creator, Vitalik Buterin, says Network Will Scale to 100k TPS Before 2.0

Published by
Ethereum Creator, Vitalik Buterin, says Network Will Scale to 100k TPS Before 2.0

Vitalik Buterin, the co-creator of Ethereum looks to end the apprehensions around Ethereum’s scalability problems for good. He reveals that what seems a never-ending process on the outside is partially ready to scale even today. 

With the activation of the second phase itself, the network will eventually be able to process 100k transactions per second. He tweeted,

ETH2 scaling for data will be available *before* ETH2 scaling for general computation. This implies that rollups will be the dominant scaling paradigm for at least a couple of years: first ~2-3k TPS with eth1 as data layer, then ~100k TPS with eth2 (phase 1). Adjust accordingly.

Essentially, what Buterin is suggesting here that while the completion of the launch of Ethereum 2.0 might take a few years, the network is not likely to run into any scalability issue. Moreover, since the majority of the transactions (around 90%) on Ethereum are based on smart contracts currently, the data layer scalability is all that matters for now.

Furthermore, the test-net for optimistic roll-ups is live. The security for these applications is anchored on the Ethereum mainchain itself. Vitalik tweeted,

Anyone who’s *just* moving ETH / ERC20 / ERC721 tokens around should be looking at how to get onto a rollup today. Gasprices on base chain would probably fall greatly if it was only used for the more complex stuff.

The emphasis on ‘just’ seems to reflect vulnerability to unforeseen technicalities on the test-net.

 

Phase 1 Comes After Phase 0

Ethereum’s roadmap to Eth 2.0 includes three phases. Currently, the progress with Phase 0 or the beacon chain is underway.

It has 29,574 validators with under 100k eligible Ethereum (nearly $22.5 million). The total daily income for validators on the chain is currently below 250 ETH. The complete launch of the public Beacon chain seems due until Q4 2020 or Q1 2021.

Yesterday, the Altona multi-client test-net went live which is only the third of a series of test networks leading to the Beacon Chain. As reported earlier, the shift from Eth 1 to Eth 2 will occur gradually as both the chains will co-exist until the process.

However, on the downside, the inflation in Ethereum is expected to increase with the co-existence of ETH 1 and ETH 2 until the complete shift has happened. This increase in supply will require an equitable increase in demand from investors perceptive, as it helps to build the PoS system.

Do you think Ethereum will be able to successfully avoid network congestion with the current line-up of its roadmap? Please share your views with us. 

Advertisement

Share
Nivesh Rustgi

Nivesh from Engineering Background is a full-time Crypto Analyst at Coingape. He is an atheist who believes in love and cultural diversity. He believes that Cryptocurrency is a necessity to deter corruption. He holds small amounts of cryptocurrencies. Faith and fear are two sides of the same coin. Follow him on X at @nivishoes or mail him at nivesh(at)coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Standard Chartered Predicts Bitcoin Could Drop Below $100K Amid U.S.–China Trade Tensions

Standard Chartered analyst Geoff Kendrick has predicted that the Bitcoin price could suffer a significant…

October 22, 2025
  • News

Rising Demand for Verifiable Crypto Ownership Drives Launch of Trezor Safe 7

Crypto ownership is a topic that has been discussed across major forums globally in the…

October 22, 2025
  • News

Robinhood Lists Binance Coin as BNB Outperforms BTC, ETH, SOL YTD By Over 30%

Crypto exchange Robinhood has listed the Binance coin for spot trading for its U.S. customers.…

October 22, 2025
  • News

Bitget Partners With Google Developer Group On Hackathon To Support AI Innovation

Bitget, a leading crypto exchange in the world, has joined forces with Google Developer Group…

October 22, 2025
  • News

Can Cardano Save Kadena? Hoskinson Reaches Out After KDA Token Plunges 60% Amid Shutdown

Kadena has announced it was shutting down operations, sending its KDA price into a freefall.…

October 22, 2025
  • News

Analyst Turn Bullish with $400 SOL Target as Hong Kong Approves First-Ever Solana ETF in Asia

Hong Kong has officially approved the region’s first-ever Solana ETF in Asia. This comes as…

October 22, 2025