Ethereum Releases “Strawmap” for Scaling, Privacy, and Quantum Resistance

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The Etherem Foundation (EF) has released a decade-long roadmap dubbed the “strawmap” that is designed to scale the ecosystem, while improving privacy and quantum resistance. 

More specifically, the project intends to bring up the transaction speeds of L1 and L2 protocols to 10,000 transactions per second (TPS) and 10 million TPS, respectively. This will happen through technologies like embedded zero-knowledge provers (zkEVMs) and data availability sampling.

The strawmap’s second objective would be to improve privacy by enabling users to conceal their balances and transaction histories. 

Most notably, Strawmap would address security threats through quantum-resistant cryptography such as hash-based schemes.

The roadmap estimated a total of seven Ethereum forks by the end of 2029 to incorporate these developments.

Source: X

Ethereum Strawmap comes amid Vitalik’s periodic ETH sales 

Most experts and crypto proponents, such as Strategy’s Michael Saylor, believe that we are still years away from any considerable quantum threats to cryptographic systems. However, Ethereum creator and co-founder Vitalik Buterin has warned that quantum risks could emerge as early as 2028. Ripple’s David Schwartz concurred, emphasizing the need for Bitcoin to make a quantum-proof fork.

Such opinions have sparked community and developer engagement, with the intention of building quantum-hard networks. Bitcoin, for instance, has proposed the BIP-360 upgrade, which will introduce post-quantum cryptography to the network following its implementation.

In support of similar measures for the Ethereum ecosystem, Vitalik has been structurally liquidating part of his Ethereum portfolio amid the recent crypto downturn. 

In the past month, the developer has liquidated about 11,000-17,000 ETH ($23 million to $43 million), leaving behind about 224,000 ETH. On-chain data shows he periodically does this in small batches to prevent drastic negative price impacts on ETH.

Source: Arkham Intelligence

Supporters view the tactic as a philanthropic way to uphold Ethereum through internal resources rather than external debt, while critics see it as a gradual exit from the blockchain. 

ETH price reversal

As of Thursday, February 26, ETH was trading at $2,106, having gained 13.78% in the past day. The price reflects a broader market-wide upside momentum amid renewed institutional risk appetite for cryptocurrencies.