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Grayscale goes long on Uniswap, while UNI price targets $11

Grayscale goes long on Uniswap, while UNI price targets $11
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Michael Sonnenshien , Coindesk Inc , Coindesk Indexes , Coindesk Defi , Grayscale Investment , Coindesk Defi Index , கிரேஸ்கேல் முதலீடு ,

New Era: Leading Ethereum Layer 2 Solution


Place/Date: - July 2nd, 2021 at 9:47 pm UTC · 3 min read
Source: NEC (New Era)
Despite being six years old today, Ethereum, in all its glory, is still facing issues like scalability and pocket-burning gas fees. The network can address these concerns via two options – sharding and Layer 2 (L2) solutions.
Though the network is trying hard to incorporate a sharding scaling solution on ETH 2.0, it remains a distant dream as the team is far behind in terms of development. It leaves us with the second option, which is a Layer 2 (L2) scaling solution.
An L2 solution runs on top of the main chain (Layer 1 or L1) of Ethereum. It exists on the Ethereum network as a smart contract and does not need changes to the base level protocol to interact. L2 solutions have different functions, like scaling payments, off-chain computation, or smart contracts. However, they all have one similar feature – to move most of the transactions off the chain. This allows L2 solutions ....

Michael Sonnenshein , New Era , Grayscale Investment , புதியது சகாப்தம் , கிரேஸ்கேல் முதலீடு ,