Like bitcoin, Ethereum is starting to see mass adoption. It has over 1,200 monthly active developers – about four times more than the next biggest ecosystem. And it’s leaps and bounds more than the top 100 crypto ecosystems, which have less than 250 developers. More developers mean more solutions being built on the network, which attracts new talent and solutions.
And there’s more. Ethereum has:
Over 3,000 dApps built on the network. When a new developer or user decides what platform to use, the host of solutions already built on Ethereum makes it more attractive.
Over $650 million locked up in decentralized finance. Cutting out the middle man is a goal of decentralized finance. The current rate of growth is a sign that this sector is ramping up.
The most robust alliance in crypto with its almost 400-member Enterprise Ethereum Alliance (EEA). They included giants like BP Technology Ventures, JPMorgan Chase, Intel, Microsoft, Accenture, BNY Mellon, and ING.Its ecosystem is the most expansive in crypto and is going through a massive evolution with ETH 2.0.
The upgrade will make it easier for millions of new validators to come into the ecosystem. And it will boost Ethereum’s scalability. Ethereum is also making it so easy no servers or closet full of computing power is required. In fact, it’s expected validators can operate on a laptop. This lower power requirement means a higher level of decentralization and a stronger network, as a result.
ETH 2.0 is also expected to increase its scalability by 1,000 times. This makes it appealing for mass adoption. When scalability gets addressed at the magnitude Joseph Lubin, cofounder of EthSuisse and heavy ETH contributor, refers to, we expect the hundreds of private Ethereum- based blockchains to migrate to ETH 2.0. Meaning wide-scale adoption.
In fact, many of the 400 EEA members are using Ethereum-based private ledgers Quorum, VAKT, Komgo, and Aura.
Some of these private ledger variants might sound familiar. You see, Quorum was built by JPMorgan. VAKT’s investors include BP, Koch, and Shell, among others. Komgo’s investors include Citibank and ING. And Aura made headlines when it was released by Louis Vuitton.
These are some of the largest companies in the world.
Soon, we expect some to move towards, ETH 2.0. That’s because it will be cheaper and more secure, with more interoperability. These companies will want to tap into the extensive dApps being built and reach more users.
And since each transaction on the network requires a certain amount of gas in the form of ETH, we expect ETH 2.0 to be the game changer propelling ETH higher.
And there’s more. Ethereum has:
Over 3,000 dApps built on the network. When a new developer or user decides what platform to use, the host of solutions already built on Ethereum makes it more attractive.
Over $650 million locked up in decentralized finance. Cutting out the middle man is a goal of decentralized finance. The current rate of growth is a sign that this sector is ramping up.
The most robust alliance in crypto with its almost 400-member Enterprise Ethereum Alliance (EEA). They included giants like BP Technology Ventures, JPMorgan Chase, Intel, Microsoft, Accenture, BNY Mellon, and ING.Its ecosystem is the most expansive in crypto and is going through a massive evolution with ETH 2.0.
The upgrade will make it easier for millions of new validators to come into the ecosystem. And it will boost Ethereum’s scalability. Ethereum is also making it so easy no servers or closet full of computing power is required. In fact, it’s expected validators can operate on a laptop. This lower power requirement means a higher level of decentralization and a stronger network, as a result.
ETH 2.0 is also expected to increase its scalability by 1,000 times. This makes it appealing for mass adoption. When scalability gets addressed at the magnitude Joseph Lubin, cofounder of EthSuisse and heavy ETH contributor, refers to, we expect the hundreds of private Ethereum- based blockchains to migrate to ETH 2.0. Meaning wide-scale adoption.
In fact, many of the 400 EEA members are using Ethereum-based private ledgers Quorum, VAKT, Komgo, and Aura.
Some of these private ledger variants might sound familiar. You see, Quorum was built by JPMorgan. VAKT’s investors include BP, Koch, and Shell, among others. Komgo’s investors include Citibank and ING. And Aura made headlines when it was released by Louis Vuitton.
These are some of the largest companies in the world.
Soon, we expect some to move towards, ETH 2.0. That’s because it will be cheaper and more secure, with more interoperability. These companies will want to tap into the extensive dApps being built and reach more users.
And since each transaction on the network requires a certain amount of gas in the form of ETH, we expect ETH 2.0 to be the game changer propelling ETH higher.
