2023 Crypto and Ethereum Predictions: A Comprehensive Look at What's to Come

Merry Christmas and a happy new year to all of my dear subscribers. It's been a rough year in crypto, and many people have left the market. But you're still here, and that's not an easy feat! From the Luna fiasco to Celsius to FTX, it's been a hell of a year.

However, 2023 is right around the corner, and I'm feeling particularly bullish about some new and ongoing innovations. In particular, I'm excited about the ETH community - that's where the best builders are.

Without further ado, let's dive into my 2023 thesis.

Ethereum keeps evolving and is building towards a Rollup centric state

It’s not known when DankSharding will ship but a similar improvement called EIP-4844 (Proto-DankSharding) is expected to ship next year.

Overview on Danksharding

🐍Salazar.eth 📜 🦇🔊 @0xSalazar

Danksharding — The DESIGN PROPOSAL FOR SHARDING on ETH • crList, PBS, MEV We’ll discuss how Danksharding will decentralize MEV consumption, thereby accelerating its end thanks to PBS & crList. A thread 🧵 #ETH

EIP 4844 will help ETH achieve its rollup-centric goal

EIP 4844 is a proposal that introduces a new transaction format called "blobs," which can be used to facilitate the implementation of rollup mechanisms natively within the Ethereum network.

This could potentially improve the scalability and efficiency of the Ethereum blockchain and make it more attractive to use rollups.

Overview on EIP-4844

🐍Salazar.eth 📜 🦇🔊 @0xSalazar

Proto-Danksharding (EIP-4844) .To actualize Danksharding a lot of things have to be done and settled. This begot Proto-DankSharding also called EIP-4844. .ETH dev, Proto Lambda @protolambda , coined the term, Proto-Danksharding. A thread 🧵 #ETH

The Shanghai Upgrade is also expected to play a key role in achieving Ethereum's rollup-centric goals

This upgrade includes improvements such as the EVM Object Format (EOF), which is an EVM improvement

EOF overview

ً @lightclients

Ethereum has recently seen substantial changes, such as the move to PoS & EIP-1559. However, the EVM looks mostly the same. This may finally change with the Ethereum Object Format (EOF), which is likely going into Shanghai. It will be the EVM's biggest change since genesis.

Other EIPs said to ship include

EIP-3651: Warm COINBASE 59, EIP-3855: PUSH0 instruction 26, EIP-3860: Limit and meter initcode

Warm Coinbase will help MEV extractors and block builders - flashbots

🐍Salazar.eth 📜 🦇🔊 @0xSalazar

A good news for MEV extractors, Block Builders (flashbots, @bloXrouteLabs @blocknative ) and validators thanks to this forthcoming update Fees just got cheaper But what’s the update? EIP-3651: Warm COINBASE A thread 🧵 #ETH #MEV

EIP 4895, "Beacon Chain Withdrawals” is said to ship before the end of March.

proto.eth @protolambda

1) Withdrawals will ship before end of March, with peak FUD the day of the upgrade, but back to a larger deposit queue than withdrawal queue two months later.

I believe that ZK-Rollups will have a major advantage in 2023, with zkEVMs in particular leading the race.

pseudo 📜 @pseudotheos

Scroll will be much bigger than just a zkEVM L2.

The zkEVM that I'm most bullish on is Scroll.

Why?

liam 🦇🔊📜 @daddysether

At @Scroll_ZKP, we are changing the game when it comes to Ethereum scalability I have put together a list of comprehensive educational resources to help get you up to speed on how Scroll will transform into Ethereum's most community-centric EVM-Compatible zkEVM 🧵👇

I'm also bullish on StarkNet and what they're building with Cairo.

odin-free.stark @odin_free

StarkNet/Cairo is both backward-compatible and future-proof, making it a powerful tool for devs building on Ethereum. It is Solidity/EVM compatible thanks to tools like WARP and Kakarot, which allow it to work with existing Ethereum stuff. Future-proof = adapt to new tech

And I can't forget about Polygon, who spent $650 million to acquire two great zk startups, Miden and Hermez. Miden is a pure Stark-based solution that uses its own virtual machine, while Hermez relies on EVM compatibility. Hermez is launching soon.

For those who are new to zkEVMs, I recommend reading this article on zkEVM

zkEVM Simplified for 10year olds

Optimistic Rollups?

Arbitrum is the defi king of 2022 thanks to GMX!

But with zk rollups coming what does the future hold for it?

I once made a thread on it

🐍Salazar.eth 📜 🦇🔊 @0xSalazar

With the upcoming launch of most zkEVMs What’s next for Optimistic Rollups? Would they fade away or evolve? A thread 🧵 #ETH #zkEVM

Chad @protolambda has some thoughts on the matter for 2023, which you can check out.

proto.eth @protolambda

My crypto predictions for 2023. Mostly about Eth related tech, just for fun. Let's see if next year is as full of surprises as this year was.

As for crypto in general, I don't recommend that any investors keep their funds on exchanges. Remember: "Not your keys, not your funds." Many exchanges are insolvent, and it's not a myth.

yes, and the Web2 crypto adoptoor of the year goes to @0xPolygon 👏

Preview of what they’ve done so far

🐍Salazar.eth 📜 🦇🔊 @0xSalazar

It is evident from Reddit and other web2 partnerships that the Polygon POS commit chain has brought more adoption to Ethereum than other scaling solutions. A thread 🧵 #ETH #MATIC

And please we won’t want Binance to liquidate, stop the fuds, and be realistic with facts.

Safu safu Mr CZ 😂

For NFTs

I’m bullish on the Japanese community

Can read this article— Thoughts on Kizuna(絆 - bonds) by a Japanese fren of mine @MalionDiaz on the Japanese NFT comm