Ethereum Foundation’s “Strawmap” Proposes Seven Forks by 2029
- The Ethereum Foundation released a draft “strawmap” projecting seven network forks through the end of the decade, with upgrades approximately every six months.
- Key goals include reducing slot times and achieving near-instant finality using a one-round Byzantine Fault Tolerant (BFT) algorithm called Minimmit.
- The roadmap also outlines transitions to post-quantum hash-based signatures and STARK-friendly cryptography for enhanced security.
- Researcher Justin Drake emphasized the document’s role in providing a holistic view of Layer-1 protocol upgrades and dependencies.
- Ethereum co-founder Vitalik Buterin highlighted plans to incrementally reduce slot times from the current average of roughly twelve seconds down to two seconds.
The Ethereum Foundation’s newly published strawmap outlines ambitious plans for network evolution through seven hard forks by the year-end of this decade, aiming to enhance speed, security, and privacy on its blockchain platform.
By targeting shorter slot times and faster finality, Ethereum aims for significant improvements in transaction processing speed while maintaining decentralization and security standards through advanced cryptographic techniques like post-quantum signatures. (Source)
