Ethereum Foundation Researcher: Ethereum L1 will gradually improve in the future, and L2 will have significant performance improvements within a few months

Ethereum Foundation researcher Justin Drake posted on X, stating that four years ago today, the Ethereum Beacon Chain was born. In its initial stage, only 500,000 ETH were staked. Although it did not bring direct benefits to users at first, it gradually grew into one of the strongest foundations in blockchain history.

Looking forward to the future, Drake believes that Ethereum has a chance to become the settlement layer of the value internet. Although the Beacon Chain is still imperfect and upgrades will be difficult in coming years including improving audit systems and MEV processing, reducing stake deposits, increasing final confirmation speed, smart issuance implementation and achieving full-chain verification at smartwatch level as well as post-quantum security. At the same time outside consensus layer he hopes for complete sharding at data layer and native Rollup implementation at execution layer.

Drake stated many L1 improvements will be gradually released over next few years with changes like post-quantum security possibly requiring comprehensive redesigns. L2 solutions will provide significant performance enhancements within months including fast user experience low fees unlimited throughput synchronous composability etc.