Buterin promises to rise Ethereum performance by 100 times

by in Cryptocurrency News

Vitalik Buterin

According to Vitalik Buterin, shortly, his team will be able to significantly increase the bandwidth of Ethereum.

The network can be scaled about 100 times, Buterin noted during a conversation with podcaster Tim Ferriss.

Back in November last year, Buterin presented the so-called "Rollup solution" for scaling Ethereum. This is a plan for the development of an ecosystem with the addition of Plasma and State channels.

In the coming weeks, the development team promises to complete the integration of this solution, which will accelerate the transition to the updated blockchain (ETH 2.0).

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The "Rollup Solution" will be part of a large-scale plan of the developers to reduce the load on the network to prevent another jump in fees.

Recall that earlier, against the background of the peak load on the network, Ethereum fees reached a historical maximum. There were times when the commission rate exceeded $ 38. Then fees began to decline.

According to Buterin, the implementation of the "Rollup solution" will significantly increase the throughput of the blockchain and reduce operating costs.