Ethereum Scalability: Beacon Chain Roadmap Teased Ahead of Devcon Reveal
A social media post by an Ethereum researcher has sparked conjecture on a potential remedy for the scalability issues with the layer-1 blockchain. In order to solve scalability, Consensys CEO Joe Lubin stated that this might entail bringing back the idea of sharding.
Justin Drake, an Ethereum researcher, stated on X on November 11 that he would reveal an ambitious project for Ethereum. Drake claimed to have considered redesigning the Ethereum consensus layer from scratch, which some saw as a solution to the scalability problems. The researcher stated that his objective was to propose a plan for delivering a road map for the Beacon Chain. He is anticipated to present the complete idea on November 12 at Devcon in Bangkok, Thailand.
Lubin: Ethereum Scalability Could Soar with zkEVM-Based Execution Shards at Layer 1
During an interview, Lubin proposed that Drake’s concepts entail a review of sharding execution. This might mean creating a zero-knowledge Ethereum Virtual Machine (zkEVM) at layer 1, which would enable several identical execution shards, the CEO clarified. Sharding was put on hold a few years ago because it wasn’t really possible, but Lubin said it might return in the next proposal.
The interesting thing about that, that way of using layer 1 wasn’t really possible a few years ago when we discarded the idea of execution sharding, what we needed to do was throw open this divergent exploration and a lot of stuff came back.
Lubin
There are many lessons to be learned from the development of optimistic and zero-knowledge techniques that may be applied back down to the Ethereum layer-1 and make everything better, Lubin continued. According to Lubin, this might also result in Ethereum scalability solutions.
You’re just boiling down a giant amount of computation at different layers and amortizing a lot of computation into a single transaction. If you do that every two seconds or less, then you get a lot of transactions per second,
Lubin
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