Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts

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Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts
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The only real “ETH killer” might end up being Ethereum 2.0, according to Coinbase analysts. AngeliqueChen07 reports

The development is likely to narrow layer 1 alternatives’ opportunities in the second half of 2022, according to the Coinbase analysts.bundle transactions together and execute them in an off-chain environment before sending the updated transaction data back to Ethereum. The scalability that can be achieved as rollups gain more widespread use could be key to the success of Ethereum 2.0, according to Coinbase Institutional.

"This would be crucial for allowing the network to potentially scale to billions of users in the long run, processing tens of thousands of transactions per second," according to the report.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a

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