Ethereum: What the Next 4 Years Will Look Like
|Slavomír Kaňuk|source|806x
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Ethereum: What the Next 4 Years Will Look Like

Ethereum is celebrating its fourth birthday now. Four years ago, on 30 July 2015, the world’s first universal blockchain platform was released. This platform, called Ethereum, was the first of its kind to use a native programming language able to deploy code of any algorithmic complexity.

According to new data from investment firm Electric Capital, the Ethereum blockchain is used roughly by 800 active developers monthly. Ethereum, however, is no longer the only universal blockchain in the world, nor even the most active one by some metrics.

How will Ethereum evolve in the next 4 years?

Ethereum is planning an ambitious upgrade to version 2.0, which should be completed within the next 4 years. The new version would have advanced solutions for scaling in all layers and for privacy. Experts claim the problem with technology limiting the throughput and efficiency of transactions, and problems associated with the monetary identity of Ethereum, will also have to be solved in the coming years.

On the other hand, major Ethereum investors claim that they are not very interested in how the platform will change in the next few years. On the contrary, progress for the past four years has only cemented the leadership of this technology. “There’s improved language, tooling and infrastructure,” says Linda Xie, founder of Scalar Capital.

The Mythos Capital company estimates that, thus far, tokenized assets worth almost 15 billion dollars have been generated in Ethereum. These assets will create even higher value for the Ethereum platform in the coming years.


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