The biggest crypto news of the past year was when Vitalik announced that Ethereum was moving it’s scaling strategy from focusing primarily on sharding to focusing primarily on L2 speedups.
This switch substantially decreases the complexity of the Ethereum 2.0 launch allowing developers to set a target date of December instead of “one to two years from now”.
The Ethereum 2.0 launch will reduce Ethereum’s energy usage by 99% and the roll out of Ethereum L2s will largely solve problems of high fees and congestion on the Ethereum blockchain. Toghether these two changes will all but guarantee Ethereum’s status as the “final settlement layer” for transactions of value anywhere on Earth.
The biggest crypto news of the past year was when Vitalik announced that Ethereum was moving it’s scaling strategy from focusing primarily on sharding to focusing primarily on L2 speedups.
This switch substantially decreases the complexity of the Ethereum 2.0 launch allowing developers to set a target date of December instead of “one to two years from now”.
The Ethereum 2.0 launch will reduce Ethereum’s energy usage by 99% and the roll out of Ethereum L2s will largely solve problems of high fees and congestion on the Ethereum blockchain. Toghether these two changes will all but guarantee Ethereum’s status as the “final settlement layer” for transactions of value anywhere on Earth.