Ethereum 2.0: Tranquility, Layer2, sharding, pos, TPS and the rapid development of DeFi│Roast Star Selection
ETH is getting more and more crazy. After reaching the highest price point in the last round, ETH began to adjust, but after less than a week, ETH will hit the previous highest point of $1350. As of the time of publication, ETH has broken through The front is high. Launched in 2015, the cryptocurrency with the second highest market capitalization in the cryptocurrency market may be about to create a new round of historical highs.
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1. Tranquility
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2.Layer2
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3. Fragmentation
Currently, Ethereum can handle less than 25 transactions per second at the moment, which is pretty bad. The sharding technology can make the Ethereum network more processable, and it can make the Ethereum network more efficient. Fragmentation technology is to divide the current Ethernet network into multiple parallel and concurrent networks, expand the network, and relieve network congestion. There is a more vivid example. We compare the Ethereum network to a large supermarket with a lot of traffic. Before it expanded, there was only one cash register, and everyone had to queue up at the same place to check out, which was very time-consuming. Afterwards, the supermarket was transformed and parallelized. There are 10 cash registers, and the data of these 10 cash registers are shared and aggregated. When users choose any cash register to check out, it will be recorded in the general ledger. In this way, the flow of people checking out will be evacuated into 10 copies, and the efficiency of supermarket checkout will be greatly improved.
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4. pos consensus
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5.TPS
Transaction speed is very important when making payments or receiving funds through crypto markets, and although Ethereum 1.0 is one of the most successful and popular blockchain networks, it still cannot compete with traditional mainstream transaction systems. The current Ethereum network handles 3,000 transactions per second (TPS), while Visa is capable of 15,000 TPS.
However, all this may change after ETH2.0. At that time, the transaction speed of the Ethereum network will increase exponentially. When Vitalik Buterin (V God) introduced the various stages of Eth 2.0, he emphasized that only after the first stage of implementation, the transaction speed of the Ethereum network will increase to 100,000 TPS.
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6. The rapid development of DeFi
DEFI has become more and more popular. Unlike the previous speculative behavior, DEFI is a real financial behavior, which is of great significance. Although ETH2.0 is working for a more ambitious goal, in the short term, ETH2.0 is more in line with the rapidly developing DEFI.
With the increase in DeFi transaction volume, as of the publication of this article, the total transaction volume of the DEFI market has exceeded 14 billion US dollars, and the lock-up volume has reached 30.5 billion US dollars. Since most DeFi is built on the Ethereum network, this is very important for ETH. This is not a small challenge, and there are many problems in it. The negative people think that the Ethereum network is becoming more and more unreliable because of the increase in processing time and cost. The launch of ETH2.0, compared with the past, will greatly reduce transaction fees with the help of POS consensus, sharding technology and Layr2, transfer will no longer be congested, transaction speed and the speed of processing data on the chain will achieve a qualitative leap. At that time, DEFI projects deployed on the ETH network will not be subject to performance constraints, and a good user experience will attract more investors, which is a virtuous circle.
As of the time of publication, the previous high price we thought was quickly broken by the market performance of Ethereum. So far, ETH will be the same as BTC, and there will be no pressure on the top. Contrary to the name of the fourth stage of Ethereum "Tranquility", its market performance may not be quiet.
