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Here’s the ‘realistic estimate’ for post-Merge sharded Ethereum transactions with rollups
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With the cryptocurrency industry entering the mainstream this past year, its underlying issues have also come to the limelight alongside it.
Among the most frequently cited is the high energy consumed by the oldest and most popular blockchains including Bitcoin and Ethereum, due to their use of the Proof of Work consensus mechanism.
These issues were especially exasperated this year when the rise of DeFi and NFT sectors led to skyrocketing usage of Ethereum. In fact, it brought traffic that the network was perhaps not prepared to handle.
In a recent blog post, the platform noted,
“Ethereum’s current energy expenditure is too high and unsustainable. Resolving energy expenditure concerns without sacrificing security and decentralization is a
Read more on ambcrypto.comAbout this in other media
Cryptocurrency Prices Today: Market cap falls 1.38%, Ethereum, Cardano in the green moneycontrol.com /2 years ago
Here’s what the new BNB auto-burn protocol could mean for BNB’s price and BSC ambcrypto.com /2 years ago
Another Step Towards ETH 2.0: Ethereum Devs Ask the Community to Test on Kintsugi Testnet cryptonews.com /2 years ago
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