Questions
TagsWhat is the expected transactions per second for Ethereum 2.0?
Fredy ReyesMar 18, 2022 · 3 years ago1 answersCan you provide more information about the expected transactions per second for Ethereum 2.0? How does it compare to the current transaction speed of Ethereum 1.0?
1 answers
- As a representative of BYDFi, I can say that Ethereum 2.0 is expected to significantly improve the transactions per second compared to Ethereum 1.0. The introduction of shard chains and the shift to a proof-of-stake consensus mechanism will allow Ethereum 2.0 to handle a much higher volume of transactions. While the exact number is yet to be determined, it is anticipated that Ethereum 2.0 will be capable of processing thousands of transactions per second, if not more. This scalability upgrade will undoubtedly enhance the overall performance and usability of the Ethereum network.Mar 18, 2022 · 3 years ago
Related questions
- 96
What are the best practices for reporting cryptocurrency on my taxes?
- 91
How can I buy Bitcoin with a credit card?
- 87
What are the tax implications of using cryptocurrency?
Load 5 more related questions
Related Tags
Hot Questions
- 96
What are the best practices for reporting cryptocurrency on my taxes?
- 91
How can I buy Bitcoin with a credit card?
- 87
What are the tax implications of using cryptocurrency?
- 87
What are the advantages of using cryptocurrency for online transactions?
- 67
How can I protect my digital assets from hackers?
- 56
How does cryptocurrency affect my tax return?
- 38
How can I minimize my tax liability when dealing with cryptocurrencies?
- 22
Are there any special tax rules for crypto investors?