News about Vitalik Buterin

Ethereum co-founder Vitalik Buterin, in an essay published on Sept. 27, proposes that Ethereum become a “cryptographic world computer” by 2030, doing far more work and operating far more privately. He describes replacing the current method, in which every validating computer reruns all transactions, with zero-knowledge (ZK) proofs, which are short, faster to verify, and allow many computers to split the work and check each other. The essay builds on the Ethereum Foundation's draft Strawmap, which outlines seven upgrades planned through 2029 and targets up to 10,000 transactions per second, along with built-in privacy and quantum-resistant transaction signing. The article notes that upgrades tend to lift ETH's price mainly by boosting activity and fees over time, while quantum-secure signatures could raise fees and reduce the number of transactions per block. The author argues that if the plan mostly succeeds, Ethereum would be far more valuable, though the changes carry substantial technical risk.