Vitalik Buterin, Ethereum’s co-founder, stated in an interview with Tim Ferris that he believed incoming rollups will be able to successfully support the network’s scaling before the deployment of Ethereum 2.0 and the introduction of sharding.
The rollups are layer-2 solutions that bundle transactions using sidechains before submitting them to the mainnet, increasing efficiency and reducing gas fees. This approach has become increasingly popular among Ethereum users as a way to deal with the increasing performance issues.
Ethereum Needs More Power!
The most popular blockchain network among blockchain developers has been struggling in recent months due to congestion which has resulted in high transaction processing times and gas prices, which has allowed other blockchain networks to gain popularity as the “Ethereum killers”.
Buterin expressed that while sharing while greatly increases the throughput of the network, rollups could also increase it by a factor of 100X by themselves, which would be more than enough for the network to continue operating while sharding is implemented.
Projects like Optimism and Arbitrum were mentioned in the interview as potential rollups that could provide the scalability boost over the next few months. However, the adoption of these solutions is all but sure as with every new platform there come risks that developers need to consider, as well as development costs.
Berlin Hard Fork To Be Deployed On April 14
Ethereum’s development team announced on March 8th that the Berlin hard fork was ready to be deployed in the Ropstern testnet on March 10th, while the Mainnet deployment would take place on April 14th.
The Berlin fork will see 4 Ethereum Improvement Proposals (EIP) implemented which will be EIP-2565: ModExp Gas Cost, EIP-2929: Gas cost increases for state access opcodes, EIP-2718: Typed Transaction Envelope, and EIP-2930: Optional access lists, 1 less than originally planned on January of 2021.
The hard fork will not affect…