Read the success stories of crypto entrepreneurs.

Discussions are fun when we are part of a community.
Login Free Registration

Get 10 AltcoinN Points just by registering on this forums.


How can such adoption be reached?

SourceOriginal
#1
The most basic and fundamental infrastructure DeFi platforms and DApps need is scalability.
Ethereum is moving towards the release of 2.0, which would center around second-layer scaling solutions and the highly anticipated move to proof-of-stake (PoS) consensus algorithm.
PoS would eliminate miners from the blockchain network, further optimizing transaction settlement to alleviate pressure off of DeFi and DApps.
Even then, users would need some sort of incentive to switch from centralized platforms to decentralized platforms. In that regard, executives expect DeFi to play a major role.
An overall increase in DeFi and DApp usage will positively affect the long-term price trend of Ethereum, as it would require more economic bandwidth. It would require the price of ETH to increase to create more value in the market.
Reply