What’s next for the future of Ethereum? Mihailo Bjelic from Polygon explains

July 21, 2022 Jeannine Cruz

Lots of have doubted the future of Ethereums popular coin due to the complexity and scale of the Merge, which is a shift to a scalable, proof-of-stake, energy-light proof-of-stake Blockchain. Regardless of this, Polygon, a layer-two scaling solution, stays a major stakeholder in Ethereums future.

Maria A., Cointelegraphs Events Manager, spoke with Mihailo Bjelic, Polygons vice-president of development, about the subject at the annual Ethereum Community Conference. Here are Mihailos thoughts on the Merge.

Mihailo explained that Ethereum is more most likely to recover from the bear market. Its the home of combination, where designers are all situated and where 90%+ activity takes place. He stated that Ethereum was the most safe, most decentralized and programmable cryptocurrency in the world.

” This upgrade is on a live network with millions of users, billions of capital and 10s to thousands of applications. It is not an easy job, the Merge has been in development for more than two years.

Polygon likewise announced Wednesday that it had actually released the Polygon ZkEVM (zero-knowledge Ethereum Virtual Machine), which would permit the blockchain to scale its deal output to greater heights. Given that its inception, Polygon has actually adopted over 30,000 apps and 140 million user wallets.
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Mihailo discussed that Ethereum is more likely to recover from the bear market. He stated that Ethereum was the best, most decentralized and programmable cryptocurrency in the world. Polygon likewise announced Wednesday that it had actually introduced the Polygon ZkEVM (zero-knowledge Ethereum Virtual Machine), which would permit the blockchain to scale its deal output to greater heights.

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Jeannine Cruz

Jeannine Cruz– Earnings I am known as Jeannine Cruz, I am a writer and an industrialist by profession. My age is 32 years. My aim is to gather the attention of the targeted audience without being boring and unexciting. I like to utilize the free time in writing my views and thoughts for my book lovers or readers. My most preferred articles are usually about finance and business; however, I have written various topics in my articles. I do not have a specific genre. I get very creative when I have to express myself, I often sing, write or draw to portray my feelings. When it comes to my free time or you can say ‘ME-TIME’, I love to play with my cat, sleep an extra hour, or play my favorite video games.