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Ethereum Foundation researcher: Ethereum's daily revenue may reach $1 billion within 10 years

ChainCatcher news, in the Ethereum Foundation's latest semi-annual AMA, researchers responded to questions about Ethereum scalability, Layer 1 revenue, and security.EF researcher Justin Drake revealed that the first phase of the Pectra upgrade is expected to be launched in the coming months, focusing on enhancing data availability, which is anticipated to significantly increase the number of Blob transactions from 3 per block to 6, likely having a major impact on the Blob fee market. While some in the Ethereum community have called for an increase in the "base fee" for blobs, researchers at the Ethereum Foundation generally view this as a shortsighted idea.Drake stated, "I expect that in about 10 years, Ethereum's TPS will reach 10 million (about 100 transactions per person per day), and even with each transaction at $0.001, daily revenue will reach $1 billion :)"One of the goals of the Pectra upgrade is to enhance Ethereum's economic position, particularly by promoting the adoption of "native Rollups," thereby reducing Layer 2 solutions' reliance on Layer 1. Vitalik Buterin stated that Ethereum's goal is to maintain the neutrality of the network. Researchers emphasized that as the network expands in the future, the demand for data availability will exceed supply, and future scaling solutions like Danksharding will help bridge this gap.Additionally, EF has opened a $2 million bug bounty to encourage the community to stress test the hard fork, ensuring the security of the Pectra upgrade.
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