Ethereum Founder's Keynote: What Can Ethereum 2.0 Achieve?

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Introduction

At the 2021 World Blockchain Conference in Hangzhou, Ethereum co-founder Vitalik Buterin outlined Ethereum's roadmap post-merge. He emphasized Ethereum's dual-phase vision: rapid short-term enhancements followed by long-term stability.

Key Takeaways


Immediate Post-Merge Upgrades

Cleanup Fork

The merge will be streamlined, deferring features like withdrawal enablement and technical refinements (e.g., removing ETH1 data voting, transitioning to SSZ transaction formats).

Sharding Implementation

Security Enhancements


Mid-to-Long-Term Developments

Consensus & Protocol Simplification

Execution Layer Improvements

| Feature | Impact |
|-----------------------|---------------------------------|
| 32-Byte Addresses | Enhanced security |
| Verkle Trees | Stateless client support |
| Account Abstraction | Smart contract wallet usability |


Future Vision: Stable L1, Innovative L2

Ethereum’s strategy balances Layer 1 stability with Layer 2 experimentation. Post-merge upgrades target:

👉 Learn about Ethereum’s Layer 2 solutions


FAQs

Q: When will Ethereum 2.0 launch fully?
A: The merge is expected within 6–12 months, followed by phased upgrades.

Q: How will sharding improve scalability?
A: By increasing data space for Rollups, enabling ~100x more transactions.

Q: Is Ethereum quantum-resistant?
A: Future upgrades will integrate SHA-3 and STARKs to counter quantum threats.


Final Notes

Ethereum’s roadmap reflects a commitment to scalability, security, and decentralization. As Layer 2 solutions mature, expect faster, cheaper transactions and a richer ecosystem.

Risk Warning: Cryptocurrency investments are volatile; capital loss is possible. Assess risks carefully.