Deep Tide TechFlow News, on December 1st, Ethereum Foundation researcher Justin Drake posted on X, saying that four years ago today, the Ethereum beacon chain was born, with only 500,000 ETH staked in the initial stage. Although it did not bring direct benefits to users at the beginning, it has gradually grown into one of the most powerful foundations in blockchain history.
Looking ahead, Drake believes Ethereum has the opportunity to become the settlement layer of the value internet. Despite the imperfections of the beacon chain, the road to upgrades in the coming years will still be difficult, including improving the review system and MEV processing, reducing staking deposits, increasing finality speed, intelligent issuance, achieving smartwatch-level full-chain verification, and post-quantum security. At the same time, beyond the consensus layer, there is hope to achieve complete Sharding at the data layer and native Rollup at the execution layer.
Drake said many L1 improvements will be gradually released in the next few years. Improvements like post-quantum security may require a complete redesign. L2 solutions will provide significant performance improvements in a matter of months, including fast user experience, low fees, unlimited throughput, synchronous composability, etc.
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