Ethereum Movement

Definition ∞ The Ethereum Movement refers to the ongoing evolution and development efforts surrounding the Ethereum blockchain network. This encompasses upgrades to its protocol, expansion of its decentralized application ecosystem, and advancements in its consensus mechanisms and scalability solutions. It signifies the collective efforts of developers, researchers, and the community to enhance Ethereum’s functionality and utility.
Context ∞ The Ethereum Movement is presently characterized by the transition to more advanced consensus protocols, such as proof-of-stake, and continuous work on scaling solutions like sharding and layer-2 integrations. Current discussions focus on the practical implications of these upgrades for transaction costs, network speed, and overall decentralization. Future developments will critically assess the network’s capacity to support a vast array of decentralized applications and services efficiently.