Author: claytonfornachon

Numio Makes Use of Ethereum Layer 2 to Deliver Cheap and Scalable Crypto Services

Delaware, United States (via ZEXPR) – The dawn of decentralized finance has fuelled a rapid growth in Ethereum’s daily transaction volume, with rising sustainability concerns due to the blockchain’s scalability shortcomings and unreasonable transaction fees. While the deployment of Ethereum 2.0 has commenced, it’ll likely take years before the update is fully integrated, causing unnecessary delays in the reshaping of the financial landscape as we know it. Ethereum is currently able to handle no more than 15 transactions per second, a figure that’s downright unacceptable in today’s bull market. Luckily, technical masterminds worldwide have figured appropriate solutions that provide scalability ... Read more