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ETH News and Rumors

Share and discuss ETH news and rumors

Duhan

78 posts

User

2021/12/23 08:33:38

Heard something through the grapevine? Or do you have some news from a more reliable source?
Share and discuss all your ETH related news and rumors in this thread!


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Kevin

67 posts

User

2022/01/19 12:41:56

https://www.coindesk.com/layer2/2022/01/19/ethereum-is-no-longer-a-one-chain-ecosystem/



TLDRL
- Ethereum demonstrated adoption in almost every metric: total value locked in DeFi, active addresses on the network, OpenSea volume, and application developer activity all increased exponentially.
- According to the report, Ethereum is no longer a one-chain ecosystem. To achieve scalability, the Ethereum community will need to provide layer 2 technologies capable of handling billions of transactions. 2021 proved to be the first step in experimenting with both optimistic and zero knowledge proof rollups, and the two eventually began to take significant market share away from Ethereum L1.


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