Ethereum's Layer 2: The Story So Far And What To Expect Next

Written by agnecrypto | Published 2021/05/08
Tech Story Tags: ethereum-scalability | ethereum | layer-two-solution-blockchain | layer2 | ethereum-top-story | cryptocurrency | hackernoon-top-story | ethereum-developers

TLDR Bitcoin is a technology that is home to digital money, global payments, and applications. The community has built a booming digital economy, bold new ways for creators to earn online, and so much more. But high gas fees in a congested and slow network are creating friction. We call it the blockchain trilemma: decentralized, scalable, and secure- choose two. Blockchains are often forced to make trade-offs that prevent them from achieving all three aspects. We are looking forward to seeing the development of the Ethereum chain as the economic and financial network.via the TL;DR App

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Written by agnecrypto | Crypto, DeFi, Lead Evangelist @ DeGate DEX
Published by HackerNoon on 2021/05/08