Ethereum is eating the world — ‘You only need one internet’

Ethereum is eating the world — ‘You only need one internet’

There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.

Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.

In theory, it would allow the entire world’s financial system to run on Ethereum.

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“I think it’s theoretically possible,” explains Declan Fox, product manager for rollups at Consensys, which provides Ethereum infrastructure and apps like MetaMask. “We have the technology to achieve that kind of throughput necessary.”

“With recursive rollups and proofs, we theoretically can infinitely scale.”

He adds it obviously hasn’t been proven in production yet, “so that’d be the next step.”

The tech is so

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