Summary
The Ethereum network upgrade will enhance scalability, allowing millions of users on layer-2 blockchains and making it a more suitable distributed database for other blockchains. This is expected to bring more users into the Ethereum ecosystem and expand its total addressable market.
Key Points
1. The upgrade will provide the scaling needed to support millions of users on layer-2 blockchains, making it a more “fitting distributed database for other blockchains.”
2. The improvements are expected to bring substantially more users into the Ethereum ecosystem and should expand the network’s total addressable market (TAM).
3. The upgrade will enhance Ethereum’s capabilities and make it more attractive for developers and users alike.