Final ultimatum! V God personally admits that $ETH faces a "quantum rain" threat, and gas fees could surge by 10 times. Is your position still safe?

Recently, the co-founder of $ETH had a conversation with a Hong Kong Legislative Council member. He reflected on his twelve years of engagement with the Chinese-speaking community and shared thoughts on key topics such as the future roadmap of $ETH, L2 development, and resistance to quantum computing.

He mentioned that when he first visited China in 2014, the exchanges here were much larger than their American counterparts. The early exploration paths of the Chinese-speaking community differed from $ETH; they tended to create independent chains for each application. Now, many new teams have emerged in the ZK, L2, and DeFi fields. He believes that L2 development is more like free competition, while coordinating core protocol development is more challenging.

Regarding L2, he emphasized that its value lies in complementing L1, not simply copying it. An ideal L2 should meet needs that L1 cannot achieve, such as extremely high throughput or specific privacy features, rather than being developed just for the sake of L2.

Talking about the latest roadmap, he pointed out that L1 scalability remains irreplaceable. Currently, the utilization rate of $ETH’s data layer is only 25%, leaving much room for improvement. Beyond data, native support for computation and settlement layers is crucial for application compatibility and composition. Future scalable token standards will differ significantly from the existing ERC-20.

He recalled a series of complex DoS attacks that $ETH faced about ten years ago. Attackers systematically exploited client vulnerabilities, and the team was exhausted for several months trying to respond. This experience motivated them to pursue more streamlined and secure client designs, which is one of the driving forces behind the current “lightweight consensus” approach.

In response to questions about AI and quantum computing threats, he used a metaphor: it’s like a civilization that has never seen rain, needing to retrofit all buildings before the rainy season arrives. For $ETH, resistance to quantum attacks is a reality that must be addressed in the next three to five years.

The known technical solutions include hash-based signatures, but a single signature is about 2,300 bytes, far larger than the current 64-byte elliptic curve signatures. Directly on-chain, this would drastically reduce efficiency. The solution is to use aggregate signatures and compress them with STARK proofs. For example, signatures from 10 million users totaling about 3MB could be compressed into a proof of 128KB or 256KB.

He admitted that without adopting aggregation schemes, the default gas cost for transactions could jump from 20k to 200k. This is a key technical direction that needs to be promoted.

Finally, he expressed hope for Chinese-speaking builders: the world’s answers are not limited to $ETH itself. He encourages developers to think more broadly about integration, such as leveraging Shenzhen’s open-source hardware ecosystem or various AI technologies to build projects that are completely different from those three years ago.

Follow me: for more real-time analysis and insights into the crypto market! $BTC $ETH $SOL

#Gate13周年现场直击 #WCTC trading competition to share 8 million USDT #Bitcoin rebound