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“ETH sucks, it has no value accrual, and the L1 is dead,” says everyone with an X account. “Want Ethereum to return to its glory days? Forget the L2 roadmap — scale the L1!”

It appears the Ethereum inner circles are finally listening.

A new Vitalik blog post published yesterday lays out an exploratory long-term and “radical” plan to scale the execution layer of the Ethereum L1. It’s a seemingly stark acknowledgement of all the past year’s complaints. 

The upgrade, if done, may bring efficiency gains of over 100x to the L1, Vitalik says.

How would it actually…

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