Bank of America Thinks Developers Should Increase Ethereum Throughput
Reading Time: < 1 minute
Analysts believe that if Ethereum developers are able to increase the network throughput, the blockchain will be able to retain its leading position.
However, if the issue of scalability is not addressed quickly, projects may start to move to more productive blockchains that compete with ETH.
According to Bank of America’s report, Ethereum has attracted the majority of startups working on decentralized applications (Dapps).
As the transaction activity of network users escalates, the load on Ethereum rises and may cause issues with transaction processing.
In order to ensure that Ethereum can maintain its leading position, its developers must quickly integrate a new architecture and expand its bandwidth.
Follow and like us on
