CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

BitcoinSistemi 2025-06-02 08:44:08

Ethereum (ETH) Founder Vitalik Buterin Announces New Roadmap That Will Bring 10X Increase!

Ethereum (ETH) co-founder Vitalik Buterin made exciting statements about the future of the network at the ETHGlobal Prague Conference at an event held in Prague. Buterin announced that a number of innovations are on the way that will increase Ethereum's scalability and improve the functionality of the network. Buterin stressed the importance of a balanced approach that prioritizes moderation over hasty implementations to ensure the stability and security of the network. At this point, Buterin stated that a new plan is on the way to increase Ethereum's Layer 1 scalability tenfold, and that this step will make the network faster and more efficient. The ETH founder drew attention to the current problems of the network and said that this step aims to provide a sustainable solution to the congestion caused by the slowdown. Buterin added that this will happen over the next year or so, and will represent a 10x increase in Layer1’s scalability. “Ethereum will expand Layer 1 (L1) by approximately tenfold in one year.” This expected scalability increase is likely to reduce transaction fees and latency, making Ethereum more attractive to DeFi and NFT investors. It is expected that the process explained by Vitalik Buterin will proceed smoothly, allowing Ethereum to reach more users on a global scale and having a positive impact on its price. *This is not investment advice. Continue Reading: Ethereum (ETH) Founder Vitalik Buterin Announces New Roadmap That Will Bring 10X Increase!

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.