The brief
- The Merge (15 Sept 2022) switched Ethereum to proof of stake, cutting energy use by ~99.9%.
- Fusaka (Dec 2025) lets nodes check rollup data by sampling pieces instead of downloading it all.
- Glamsterdam, the next upgrade, is on test networks, with mainnet targeted for late 2026.
Technical approach
Staked validators vote every 12 seconds
Validators lock up ETH and vote on each block. Once two-thirds of the stake agrees, blocks become final, usually after ~13 minutes.
Rollup-first roadmap
Most activity moves to rollups that post compressed data to Ethereum. Ethereum focuses on storing that data and settling results.
Blobs and data sampling
Blobs are cheap, temporary data slots for rollups (EIP-4844). With PeerDAS, each node keeps only a few pieces yet can tell if data is missing.
Many independent clients
About 10 independent software clients, such as Geth and Lighthouse, follow the same rules. A bug in one doesn't halt the chain.
Ethereum Foundation, two programs
Updated 3 Sep 2026Research & demos
- Jul 2025
Long-term redesign: post-quantum signatures, faster finality and blocks checked by ZK proofs.
- Sep 2023
Lets nodes check blob data by sampling pieces. Shipped in Fusaka.
- Feb 2022codeEIP-4844: Shard Blob Transactions (proto-danksharding) (opens eips.ethereum.org)Ethereum protocol upgrades
Added blobs, cutting rollup data costs about 10-fold.
- Mar 2020
The formal spec of Ethereum's proof-of-stake voting.
Open technical problems
- Block building is concentratedActive research
A few specialist firms build most blocks to capture trading profits (MEV). Moving the auction into the protocol (ePBS) won't fix that alone.
- Slow finalityActive research
~13 minutes is long for exchanges and bridges. Finality in one slot means handling votes from a huge validator set every slot.
- Quantum-resistant signaturesOpen
Large quantum computers could break today's signatures. Swapping in post-quantum ones without bloating blocks is still research.
Upcoming catalysts
- 27 Oct2026Glamsterdam on the Hoodi testnet (tentative date from core-dev calls)Ethereum protocol upgradesin 17 d
- 2027Production-grade leanVM targeted, per Justin Drake; layer deployments planned from 2028Lean Ethereumby ~15 mo
Peers
Company & funding
- HQ
- CH
- Founded
- 2014
Partners & customers
- Partner
Base is the largest L2 by activity, settling to Ethereum
- Partner
EigenLayer restaking reuses staked ETH to secure other services
- Partner
Starknet validity rollup settles to Ethereum
People
- Vitalik Buterin (opens en.wikipedia.org)Co-founder of Ethereum
- Aya MiyaguchiPresident
- Hsiao-Wei WangCo-Executive Director

