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▲ Ethereum (ETH) ©
As the Ethereum Foundation accelerates the development of its next-generation upgrade, ‘Glamsterdam,’ the competition for network scalability is intensifying. Concurrently, with the replacement of the leadership of the Protocol Cluster, a key development organization, it is being evaluated that the Ethereum roadmap has entered a new phase.
According to investment media FXStreet on May 12 (local time), the Ethereum Foundation announced significant progress in the development and testing of the Glamsterdam upgrade following an interoperability event held in Svalbard, Norway. This upgrade builds upon the Fusaka upgrade introduced last December, with its core objectives being to enhance Layer 1 scalability, efficiency, and decentralization.
One of Glamsterdam's core features is 'enshrined Proposer-Builder Separation (ePBS).' This structure is designed to improve the handling of Maximal Extractable Value (MEV) and allow validators to more safely and efficiently delegate block creation tasks externally. Additionally, the Block-Level Access Lists (BALs) feature, which requires more precise state access declarations during block execution, will be added.
Ethereum developers are also simultaneously working on expanding network gas throughput. The Foundation explained that it aims to increase the gas limit of Ethereum's base layer to 200 million through ePBS, BALs, and EIP-8037 state repricing. During the recent Svalbard event, Hegota, a candidate for the next upgrade, and early prototypes of native account abstraction features were also discussed.
Alongside this announcement, the Ethereum Foundation also revealed a reorganization of its Protocol Cluster. Key contributors Barnabé Monnot and Tim Beiko are leaving the Foundation, while Alex Stokes will take a sabbatical. The new leadership will be taken over by Will Corcoran, Kev Wedderburn, and Fredrik Svantes.
The market is noting the possibility that this organizational restructuring and the acceleration of Glamsterdam's development will lead to strengthening Ethereum's long-term competitiveness. Particularly, with Layer 1 scalability, user experience improvement, and Layer 2 expansion strategies being pursued simultaneously, attention is focused on future structural changes within the Ethereum ecosystem.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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