Serenity would allow Ethereum to become “the world computer” as it was meant to be, “not a smart phone from 1999 that can process 15 transactions per second and maybe potentially play snake,” Vitalik said. Serenity will be “even more decentralized than today,” and have “hopefully about 1,000 times higher scalability.” He didn’t set a date for the launch of Serenity, but reassured the assembled that it was “really no longer so far away.”