Ethereum 2.0 and Beyond

Devcon 0 · 28 Nov 2014 · 40:00

In the closing talk of Devcon 0 in November 2014, Vitalik Buterin sketches where Ethereum and decentralised computing could go over the next two, five and twenty years. He argues that blockchain consensus is around 10,000 times slower than a central server yet can win in practice by removing monopoly rent, then tackles its two big weaknesses, scalability and privacy. He compares sharding and hypercube chains with a multi-chain approach for Ethereum 2.0, outlines proof of stake, event trees and other upgrades for an Ethereum 1.1, and presents secret sharing and secure multi-party computation as a route to privacy, while stressing that much of this work may still prove useless.

Speakers

• Vitalik Buterin

Topics

• Protocol
• L1 Scaling
• Privacy
• Bridging & Interoperability
• Staking & Validators

From Devcon 0, hosted by Ethereum Foundation.