"The main goal of scalability on the #Ethereum blockchain is to increase transaction speed and transaction throughput (high transactions per second), without sacrificing decentralization or security"
Now if you are familiar with the Blockchain trilemma,the above statement rings a bell.
The buzz word right now on crypto twitter is Ethereum,and specifically the #merge.
Ethereum has rallied 78% in the last 30 days and when you look at the weekly chart,it has broken the $1800 resistance and it's basically become support prior the upcoming merge from PoW to PoS scheduled on 15th September,with an estimated one week of error; that's according to the Ethereum foundation.
An achievement was made recently on the #Ethereum Blockchain; Goerli testnet successfully merged to proof-of-stake.(PoS)
For your information,we have been waiting for this merge for over 5 years, several attempts have been happening but to no success. Hopefully it materialises this time.
Most Ethereum maxis are seeing a V shaped recovery considering everything happening around it and the way it's leading all other #cryptos from this recovery.
Some questions to think about;
•Will Ethereum hit $5000 this year?
•Will Ethereum flippen bitcoin?
•Will the merge be successful?
• Will Ethereum solve the question of the Blockchain trilemma??
Fingers crossed 🤞
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