How Ethereum scaling solutions continue to grow despite market volatility

The upcoming EIP-4844 upgrade could be the game changer for L2s.layer 2 ecosystem has been a beehive of activity in 2023, with new scaling solutions getting onboarded to this already crowded ecosystem on a daily basis. Given their significance and proven track record of unburdening the base layer, it would be tough to imagine a future without the L2s.

And then came the L2 solutions. These chains, built atop the base layer Ethereum, process a large number of low-value transactions and submit the proof to the main blockchain. In this way, Ethereum handles security and decentralization while L2s provide scalability, thus solving the biggest trilemma of blockchain technology.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investors Are Leaving Stocks for the Allure of Risk-Free Payouts in BondsVolatility in the world’s biggest bond market has finally caught the attention of investors on Wall Street who’ve been plunging into stocks all year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

What to look for when investing in a new company: Portfolio managerThe U.K. stock market has underperformed the U.S. and Canadian markets over the past year, but one market expert says there are many investment opportunities to be had despite the pullback.
Source: BNNBloomberg - 🏆 83. / 50 Read more »