Vitalik Buterin Discusses the Future of Ethereum: What’s Next for ETH 3.0?

In a recent text-based AMA on the Tako platform, Ethereum co-founder Vitalik Buterin addressed the evolving discourse surrounding “ETH 3.0.” He clarified that there is no formal definition of “ETH 3.0” currently. Although some may refer to Justin Drake’s five-year plan as indicative, it primarily pertains to the consensus layer, leaving the execution layer yet to be fully defined. Buterin emphasized the necessity of understanding the interaction between Layer 1 (L1) and Layer 2 (L2) as a critical element of Ethereum’s scalability strategy.

Outlining a comprehensive roadmap, Buterin highlighted the enhancement of L1’s functionalities alongside improving cross-L2 interoperability. He pointed out the importance of finetuning transaction fees paid by L2 to L1, suggesting that a broader perspective is needed when assessing these costs. The recent spike in blob fees, reaching approximately 500 ETH in the last month, illustrates the dynamic nature of fee structures within the Ethereum ecosystem. Such fluctuations underscore the need to fortify L1 capabilities to effectively support L2 advancements while ensuring robust community adaptability.

Source: https://en.coinotag.com/breakingnews/vitalik-buterin-discusses-the-future-of-ethereum-whats-next-for-eth-3-0/