🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
In the field of digital currency, Ethereum has always been a focal point of attention. Recently, Justin Drake, a member of the Ethereum research team, revealed an ambitious ten-year development plan aimed at comprehensively improving the performance and security of Ethereum.
The plan named 'Streamlined Ethereum' has set several important goals. Firstly, it aims to significantly increase transaction processing capabilities, planning to achieve a processing speed of over 10,000 transactions per second, which will greatly enhance the network's throughput and user experience.
Secondly, the plan also focuses on long-term security considerations, incorporating the potential threats posed by quantum computing into its scope, and is committed to enhancing the quantum security of the system. This reflects the Ethereum team's forward-thinking approach to future technological developments.
In addition, the 'Simplified Ethereum' plan proposes the use of SNARK (Succinct Non-Interactive Argument of Knowledge) technology to support system upgrades. The introduction of this advanced technology is expected to provide more flexible and efficient technical support for the future development of Ethereum.
It is worth noting that while pursuing high performance and advanced technology, the plan still insists on maintaining the decentralized characteristics of Ethereum. This reflects the efforts of the Ethereum team to seek a balance between technological innovation and core values.
With the announcement of this long-term development plan, Ethereum once again demonstrates its spirit of innovation and long-term vision in the blockchain field. This will not only affect the development trajectory of Ethereum itself but may also have a profound impact on the future direction of the entire blockchain industry.