Vitalik: The major challenge facing Ethereum after its merger is scalability. Layer 2 and sharding are expected to improve the scalability of Ethereum

According to Forkast, Ethereum founder Vitalik Buterin talked with Circle CEO Jeremy Allaire at the Converge22 conference, saying that the major challenge facing Ethereum after the merger is scalability, because scalability is preventing many encrypted applications from going mainstream. core issue. Vitalik hopes that by improving scalability, users are more inclined to interact directly with DEX on Ethereum instead of choosing to reduce costs through CEXs such as Binance. One way is to use the Layer 2 project on Ethereum to merge Makes it easier to build these Layer 2 projects. In addition, the upgraded "sharding" of the Ethereum chain itself is expected to improve the scalability and capacity of Ethereum, so that the ability of the Ethereum ecosystem to absorb and process transactions will increase by 100 to 1000 times.