Scalability is Ethereum’s post-Merge focus: Vitalik Buterin

Sept 29,2022
KingData News: Ethereum cofounder Vitalik Buterin said the next step for Ethereum after “The Merge” is scalability at Circle’s Converge22 conference. Vitalik said I think that it’s important to keep hammering on scalability as an issue, because it is really central to the problems that are preventing a lot of the cryptocurrency and blockchain applications that we dream of going mainstream. High costs are why users often opt to interact with cryptocurrencies through exchanges like Binance that offer cheaper and faster transactions rather than directly through the blockchain. “The Ethereum ecosystem’s ability to absorb and process transactions will increase by a factor of something like 100 to 1000, and so that’s going to be a big deal,” Vitalik said.
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