Ethereum's Shanghai upgrade is just around the corner, but what will the blockchain tackle after that? Shapella cryptauxmargaux reports
, is the first prototype for danksharding, expected to hit Ethereum’s mainnet sometime in the third quarter of this year.
To kick off the march to that milestone, Ethereum developers have released what they're calling the KZG Ceremony – a” that will provide a foundation for proto-danksharding. This ceremony is needed to kick-start the process of bringing proto-danksharding into the protocol. “If EIP-4844 is a car, this KZG commitment scheme that we're helping to construct is the engine,” said Trent van Epps, a protocol generalist at the Ethereum Foundation. “This random string of letters and numbers is like helping to kick-start this engine.”In November, Vitalik Buterin, co-founder of Ethereum, released an updated road map, a set of issues to be tackled.will be introduced, another move to increase scalability.
Verkle trees will allow developers to store large amounts of data, and users only need to show a single piece, or a short proof, of that data to verify they have a root of that tree. Verkle trees will make data proofs much more efficient, though this is still a new concept in cryptography and not yet widely used.
The “Purge” will purge the spare, or historical data, from the Ethereum network. By getting rid of this historical data, congestion on the network will decrease, allowing for more transactions to be processed. Buterin has said that after this phase Ethereum should be able to process around 100,000 transactions per second , up from about 29 TPS now.
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