Tag: Numio

Ethereum has been the powerhouse of the crypto space for quite some time, fueling a majority of dApps and projects within the ecosystem. Users and developers alike continue to flock to it, as it has become a household name in crypto that continues to grow. The problem is that, although Ethereum has a strong underlying infrastructure already built, it has many flaws that leave people constantly searching for a better alternative, with scalability being the main concern. Processing transactions on the Ethereum blockchain has become extremely undesirable – gas fees are through the roof, often amounting to hundreds of dollars ... Read more

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