Ethereum (ETH) Foundation Sets Goal of Achieving 10,000 TPS and Quantum Resistance Within the Next 10 Years

Source
JH Kim

Summary

  • The Ethereum (ETH) Foundation stated that it has set a goal to achieve 10,000 TPS and secure quantum resistance within the next 10 years.
  • It mentioned that this is part of a long-term roadmap that includes enhancing scalability and improving security.
  • As of the 1st, Ethereum is trading at $3,785.04, down 0.46% compared to the previous day.

According to Unfolded on-chain data platform on the 31st (local time), the Ethereum (ETH) Foundation has announced that it has set a goal to achieve a transaction throughput of 10,000 transactions per second (TPS) and to secure quantum resistance within the next 10 years.

The Ethereum Foundation is driving these technological advancements as part of a long-term roadmap to enhance scalability and security, with the plan to establish Ethereum as a competitive public blockchain in the long term.

Meanwhile, as of 03:38 on the 1st, Ethereum is trading at $3,785.04 in the Binance Tether (USDT) market, down 0.46% from the previous day.

publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
What did you think of the article you just read?