AVALANCHE - How the Future of the Internet Looks Like
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The Problem Unfortunately, DeFi applications are costly. Most DeFi applications are still running on Ethereum. Even though ETH 2.0 will probably go live in December 2020, it will take several years until Ethereum is fully scalable. By scalable, we mean that thousands of transactions per second are possible. For comparison: Visa processes about 2000 transactions per second. To keep up with this, Ethereum will need Sharding.
AVALANCHE - How the Future of the Internet Looks Like
AVALANCHE - How the Future of the Internet…
AVALANCHE - How the Future of the Internet Looks Like
The Problem Unfortunately, DeFi applications are costly. Most DeFi applications are still running on Ethereum. Even though ETH 2.0 will probably go live in December 2020, it will take several years until Ethereum is fully scalable. By scalable, we mean that thousands of transactions per second are possible. For comparison: Visa processes about 2000 transactions per second. To keep up with this, Ethereum will need Sharding.