ETH news: Ethereum may not be ‘just a blockchain’ in 2030, Vitalik Buterin says

ETH news: Ethereum may not be ‘just a blockchain’ in 2030, Vitalik Buterin says

Summary

Vitalik Buterin outlined a vision for Ethereum by 2030 that uses cryptographic proofs to let computers process different tasks while others verify results without repeating all the work. The approach could improve capacity and independent verification, while reducing the data stored on-chain. His privacy plans also aim to conceal wallet balance queries and account rules, not just transactions. Key challenges include making proof generation efficient and coordinating updates to shared balances and applications. Buterin expects the planned Hegotá upgrade to be Ethereum’s last conventional fork, with later upgrades increasingly based on proofs, software verification and post-quantum security. He estimates payments could become final in roughly eight to 32 seconds.