Roll-ups to preserve Ethereum’s DeFi monopoly despite competitors: Messari

Cointelegraph

Published Dec 03, 2020 03:40AM ET

Updated Dec 03, 2020 05:20AM ET

Crypto data aggregator Messari believes that roll-ups will beat out layer-one solutions in the race to scale Ethereum.

Although Eth2’s beacon chain genesis successfully took place on Dec. 1, analysts predict the upgrades spanning the Ethereum 2.0 overhaul will not be completed until 2022. As such, Messari recently asserted the wait for Eth2’s completion “leaves an opportunity for other low-fee, low-latency competitors to eat into Ethereum’s monopoly.”

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