Why Bitcoin Miners Need to Take Ethereum Seriously

Ethereum’s community and its potentialities, against this, are all the time 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 serious milestone within the historical past of blockchain. Wanting forward, the community will endure 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 methods (i.e., Polygon, ZK rollups, Optimism and Arbitrum, to call a couple of) will additional improve Ethereum’s scalability.