Shanghai | The Renaissance of Ethereum, what impact does it really have on ETH?
This $ETH Shanghai 2026 was held in Shanghai on September 22, with the theme "Ethereum's Renaissance." The hosting of such a specialized Ethereum summit in mainland cities signals the gradual liberalization of industry exchanges. Vitalik directly discussed core technical directions: currently, quantum-resistant signature verification costs 100,000 to 300,000 gas per session, and privacy transactions can even cost over a million gas. He proposed using a recursive STARK mempool mechanism to move signature and proof verification on-chain to mempool node aggregation, ultimately putting only one unified proof on-chain, which could significantly reduce L1 gas fees. Dr. Xiao Feng also mentioned Ethereum's infrastructure positioning in the AI+Web3 era, as well as Hong Kong's ecological value as a Chinese-language Web3 hub, clearly expressing willingness to restart Ethereum hackathons and workshops in mainland China to replenish developer vitality. Positive logic for ETH 1. Technical aspect: If this ZK-Starks gas reduction solution is implemented, it can solve the core pain points of L1 scaling, significantly lowering the costs of quantum-resistant, privacy-related transactions, and cross-L2 transfers, directly lowering the entry barrier for new ecosystem projects and injecting new application vitality into the ETH ecosystem. 2. Ecosystem aspect: The Shanghai conference + Xiao Feng's statement means that communication and developer cultivation in the Chinese-speaking Ethereum ecosystem will accelerate, attracting more domestic developers and project teams to enter the space, and expanding ETH user and application scale. 3. Long-term value: Valve God's technical route is for E
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