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Ethereum Could Scale 100x in a Few Months, Says Vitalik Buterin

Ethereum’s scaling issues have been a hot topic for discussion for quite some time now. With the explosion of the DeFi space last summer, many investors found themselves shocked at how expensive it had become to use the network, making mundane and small transactions less than viable.
The author of Ethereum’s whitepaper and one of its co-founders, Vitalik Buterin, addressed the issues recently on the Tim Ferris podcast.
100X Scalability in the Next Few Months
Speaking to Naval Ravikant on the Tim Ferris Podcast, Vitalik Buterin addressed some of the main challenges that are currently riddling the Ethereum ecosystem. In particular, they talked about layer-1 and layer-2 scaling solutions, among other things.
Buterin discussed rollups as a second-layer solution to the current scalability issues that Ethereum is facing. These provide a way to store transaction information on a separate, designated chain before bundling it into batches of transactions together on the mainnet of Ethereum.
This is specifically designed to mitigate the issues that the network currently faces. With Ethereum 2.0, there will be further additions to the network which would also supposedly incorporate sharding – a layer-one scalability solution.
Vitalik Buterin, Ethereum’s co-founderNevertheless, Buterin remarked that rollups are coming very soon.
“Rollups are coming very soon and we’re fully confident that by the time that we need any more scaling of that, sharding will have already been ready for a long time by then.” – He said.
He also thinks that something like an Optimism or a ZK-based rollup …
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