This is a really great primer on the Ethereum Strawmap: a 3-year plan to accomplish 5 major goals via 7 network upgrades that overhauls the Ethereum network, making it more attractive for builders (including institutions and enterprises) and more competitive with other should read this, but I’ll summarize below (with all credit to @Snapcrackle for the writeup and the Ethereum researchers and builders like @VitalikButerin, @drakefjustin, others at the @ethereumfndn, and the countless Ethereum contributors for the mission-critical work they do every day).
The Strawmap outlines five goals:
1. Accelerating Speed: Finality (the time it it takes for a transaction to become irreversible, secure, and permanently recorded) goes from minutes to seconds (via redesigned consensus)
2. Increasing Throughput: Transactions per second goes from 30 to 10,000 (via ZK Proofs)
3. Scaling Data: Enabling 10,000,000 transactions per second on L2s (via increased data capacity)
4. Post-Quantum Resilience: Implementing quantum-resistant cryptography
5. Improving Privacy: Adding privacy as a native feature
It proposes seven upgrades; one every six months. All upgrades would be complete over the next three years (by mid-2029).
The result: A faster, more secure, more scalable, privacy-enabled, censorship-resistant network.
Of course, this is highly dependent on several factors, including mathematical and cryptographic breakthroughs. But, the Strawmap notes that "the current draft assumes human-first development” and that “AI-driven development and formal verification could significantly compress schedules."
While the Strawmap is obviously ambitious, it’s hard not to be bullish with this level of clarity and focus on accelerating upgrades and scaling/building Ethereum for a future where hundreds of trillions worth of financial assets move onchain.
