Vitalik Buterin names scalability as Ethereum’s next big challenge

September 29, 2022

Speaking to Circle chief executive officer Jeremy Allaire at Circle’s Converge22 conference, Buterin revealed upcoming plans for Ethereum.

Vitalik Buterin said the next step for Ethereum after “The Merge” is scalability.

Ethereum co-founder highlighted that before the bear market drove down transaction fees, many Ethereum transactions cost as much as $5 or more.

Vitalik said that it’s important to keep hammering on scalability as an issue, because it is really central to the problems that are preventing crypto from going mainstream.

Vitalik hopes to make interacting with the Ethereum blockchain directly more attractive.

There are also upgrades to the Ethereum chain itself coming into focus post-Merge.

“The Ethereum ecosystem’s ability to absorb and process transactions will increase by a factor of something like 100 to 1000.” ~ Vitalik Buterin.