The Impact of Ethereum 2.0

In early 2021, Ethereum crossed more than 1 billion transactions, hosting many of the biggest advancements and applications for decentralized business operations. To this day, it is the most used blockchain ecosystem, powered by the second-largest crypto asset by market capitalization. However, this huge transaction volume has undermined latency, delaying transactions and increasing their costs.

To ensure broader scalability, the Ethereum foundation has started a very ambitious upgrade (seven years in the making), to improve the infrastructure so it can service global financial…