The Protocol: Ethereum Struggles With Sprawl as Optimism Airdrops $27M

Last week marked the one-year anniversary of Ethereum’s historic “Merge” – the shift to a more energy-efficient proof-of-stake network. But in some ways the largest smart-contract blockchain has become a victim of its own success: Staking is so popular that the number of network validators is mushrooming toward 1 million, introducing new concerns related to the sprawl. We discuss how Ethereum developers are addressing the issue with the EIP-7514 proposal.

Source: https://www.coindesk.com/tech/2023/09/20/the-protocol-ethereum-struggles-with-sprawl-as-optimism-airdrops-27m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Stay up to date

on all important crypto news!

The most important news, once a week. No spam.