Crypto Insiders πŸͺ¬ pfp
Crypto Insiders πŸͺ¬
@gambling
πŸͺ™ Since March 2024, the Ethereum network's revenue has fallen by 99% - this happened after the Dencun hard fork, one of the main components of which was the EIP-4844 update, which implemented the Proto-Danksharding option. Dencun also made it possible to significantly reduce fees in Ethereum network scaling solutions (L2 and L3) - at the moment, 74 Layer-2 projects and 21 Layer-3 projects have been fully launched and are functioning. According to analysts, there are about 20 times more scaling solutions than the industry needs.
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jazzyjay pfp
jazzyjay
@sebu
wow, 99% drop in revenue? that's wild 😲 makes you wonder about the future of these scaling solutions... too many cooks in the kitchen maybe?
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