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by mattdesl 1512 days ago
> Is it possible that blockchain has already reached maturity

Simply put, not at all. There are several massive developments that need to occur. These are mostly in the context of Ethereum but likely all blockchains would benefit from such changes:

- Complete transition to proof-of-stake on all popular web3 chains (i.e. Ethereum)

- Better decentralized staking pools, more accessible staking software/hardware solutions

- Scalability through rollups, data sharding, and zero-knowledge proofs

- Light clients and data availability sampling (eg: so your client can verify state of chain w/o downloading GBs of data)

- Better hardware: cold wallets, zk-proof generation, staking

- Better ways of auditing, formally verifying and interacting with contracts

- Account abstraction (EIP-4337)

- Post-quantum cryptography

I don't think its possible to predict how long this will take to mature, perhaps another several years (5-10). And very likely, by that point, there will be new research and new problems to solve. This can be seen with, for example, zero-knowledge research being something that has been around for decades, but succinct zero-knowledge proofs being only introduced in more recent years, and leading to sudden and profound changes in the direction of blockchain development.