🌐 The Ethereum network continues to improve! 🚀 Vitalik Buterin shared on the
🔹 Progress in environmental protection: The days of losing 5 million ETH every year in the PoW era are gone, now it is more environmentally friendly and more efficient! 🌍
🔹 Improved transaction speed: With the EIP-1559 upgrade, Ethereum transaction speed has been significantly accelerated. Transactions are now completed within 30 seconds, instead of 1-30 minutes in the past. ⏱️
🔹 Strong security line: Since 2016, the Ethereum network has never been down due to DoS attacks or consensus failures. Continuous security investment in internal development and appropriation ensures the safety of user funds and reduces the risk of potential losses. 🔐
🔹 Rich development ecosystem: Whether it is wallets, DeFi applications or other dApps, developers are working hard to provide users with a safer and more convenient code base and stimulate the innovative vitality of the entire ecosystem. 💡
📉 Possible drawbacks: Despite significant network performance upgrades, Ethereum’s high gas fees are still a concern for users, especially during peak periods. And with the existence of a large number of position holders, the price volatility of ETH may bring greater uncertainty in the future.
Viewpoint: Vitalik’s sharing not only demonstrates the technical progress of Ethereum, but also emphasizes the improvement of security and efficiency. However, for ordinary users, cost issues and price fluctuations are still a test. 🔍 In short, the future development of Ethereum is worth looking forward to, but we still need to look at market risks rationally! 📊
What do you think of these improvements to Ethereum? 💬
