The following is the full text of Vitalik Buterin’s speech:
The first phase of Ethereum 2.0 seems to be only a few weeks away, and it can be released in at most one month. The Ethereum 2.0 testnet has been running for nearly three months. Initially, there were loopholes, but later it was still operating normally.
Ethereum ecosystem: It is not only a first-tier expansion and a second-tier expansion, but a hybrid approach, integrating the advantages of the first-tier and second-tier expansion solutions. The current throughput is 15-45 transactions per second, plus ETH1+rollups can be increased to 1000-4000. If there are rollups and shards, the throughput can reach 100,000 transactions per second.
I like to compare Ethereum to a city. Txstreet.com is a website that describes Ethereum as a city. There are many applications like buildings. People have to come and go between different buildings. If you want to take a bus from one building to another, it’s fine. The bus is just like a block in the Ethereum block. .
