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Platform proposes a quick, scalable and familiar solution for the future of decentralized applications
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With the combination of crypto adoption verging on mainstream, a chase for double and even triple digital earnings and solutions providing real utility to a centralized industry, DeFi (decentralized finance) is positioned to outpace its growth from the 2021 year significantly.
Unfortunately, this growth, although unprecedented, has also proven to raise some causes for concern. Already congested networks like Ethereum (ETH) are being pushed to their limits with an increasing number of applications and users transacting on them. Since the capacity of Ethereum is limited, users are forced to face the realities of shower transaction times and rising gas fees as senders must continuously outbid one another.
To provide users with an alternative,
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