Star celebrated Ethereum's tenth anniversary, highlighting the cryptocurrency's decade-long collaboration with the exchange. Star's reflections underscore the importance of ongoing development in decentralized finance (DeFi) and Layer-2 solutions to enhance Ethereum's capabilities. After 5 years of Ethereum, what is the state today and the future for Ethereum?
In a recent blog post titled "Ethereum’s Tenth Anniversary: My Personal Tribute," Star reflected on Ethereum's journey and its impact on the blockchain ecosystem. He leaned in during the session to underline the importance of focusing on challenges that still remain, like improving finality times.
Ethereum currently only processes around 15 transactions per second. Today, the network has radical proposals, such as Single Slot Finality (SSF), to restore fast confirmation times and make the technology more efficient.
These tech improvements are key to ensuring Ethereum’s continued advantage in the race for decentralized applications. Ethereum has 127 million active wallets and is adding 350,000 new wallets weekly through Layer-2 solutions, showing massive scalability and adoption potential.
Ethereum’s Tenth Anniversary: My Personal Tribute - OKX CEO Jizhong Star
Ethereum’s technical and fundamental metrics continue to show a solid foundation for more growth. Layer-2 solutions are pivotal in scaling Ethereum.
