Ethereum co-founder, Vitalik Buterin, believes the network is on the verge of scaling by a gene of 100, predicting the Optimism volition release its layer-two solution in the coming weeks.

Speaking on the Tim Ferriss podcast, Buterin noted Eth2's developer are focused on working toward the chain merge with Ethereum, and are confident that layer-ii solutions can support the network until sharding is developed.

"Rollups are coming very soon," he said, adding: "we're fully confident that by the time that nosotros need any more than scaling of that, sharding will have already been ready for a long time by then."

Rollups are 2d-layer solutions that process and store transaction data on a designated sidechain, before bundling batches of transactions together onto Ethereum's mainnet. The solutions are designed to mitigate Ethereum's scaling woes, where fierce competition for bandwidth on the Ethereum mainnet has resulted in skyrocketing fees.

While Eth2 volition use sharding to ensure scalability when fully rolled out, Buterin believes rollups will suffice for the mid-term — emphasizing rollups could improve Ethereum's transactional throughput by 100 times:

"The affair to remember is that if you have rollups, merely you lot do non have sharding, yous still have 100X factor scaling, right? You still have the ability for the blockchain to get up to somewhere between one,000 and four,000 transactions a second, depending on how complex these transactions are."

Buterin predicted Optimism will launch their fully Ethereum Virtual Car, or EVM,-compatible rollups "in effectually a calendar month or and so," besides highlighting significant progress made by Arbitrum on their own EVM-compatible rollups.

Optimism's rollups are expected to exist embraced past some of DeFi's manufacture leaders, with commentators speculating that Uniswap'south coming V3 overhaul will utilize it. Aave and Synthetix are expected to be amongst the commencement projects to utilize the technology.

"In that location was actually simpler rollups that are only capable of processing uncomplicated transactions that are exchanging between assets like Loopring, and zkSync," he added noting: "Those rollups accept already been running stably for about a year — so rollups aren't fifty-fifty theory. They've been a practical part of [the] scalability of Ethereum for a few users for virtually a twelvemonth."

Last calendar week, Buterin authored a proposal for a system allowing smart contract protocols to directly communicate between one some other across different layer-two scaling solutions.