Ethereum’s community and its prospects, in contrast, are at all times altering. Ethereum builders have fueled a proliferation of use instances, together with the rise of decentralized exchanges (DEX), stablecoins and non-fungible tokens (NFT). Ethereum’s profitable transition to PoS (aka “the Merge” in September 2022) marked a significant milestone within the historical past of blockchain. Trying forward, the community will bear a number of new upgrades, together with the Shanghai improve in March and sharding thereafter (each are anticipated to ease community congestion and set up the prerequisite for main adoption). The way forward for Ethereum is extra thrilling than ever, and the expansion of layer 2 techniques (i.e., Polygon, ZK rollups, Optimism and Arbitrum, to call a number of) will additional improve Ethereum’s scalability.
