Dec, 2021, George
Data From：Harmony dashboard
What is Ethereum 2.0 and why should we expect it?
Since 2020, DApps on Ethereum have boomed, with the number now over 400. However, Ethereum currently has a TPS (Transactions Per Second) of only 15, making the network prone to congestion and high gas fees.
Footprint Analytics – Number of Protocols across Chains
Footprint Analytics – Ethereum Gas fee
Ethereum is in dire need of scaling solutions that increase the limits of its blocks to boost TPS. This is the reason why Ethereum 2.0, which aims to improve Ether’s scalability through network upgrades, is highly anticipated.
Ethereum 2.0 includes the following 3 upgrades, which aim to improve the scalability, security and sustainability of Ethereum.
The Beacon Chain: Proof of Stake (POS) mechanism is introduced, which is an algorithm used to generate new blocks and reach consensus with other nodes. The beacon chain also provides the infrastructure for the sharding mechanism.
We współpracy z: https://cryptoslate.com/will-harmony-be-the-next-chain-with-10x-growth/
