The Ethereum network is being turbocharged by layer-two solutions
Cointelegraph
Published Jan 13, 2021 11:07PM ET
Updated Jan 14, 2021 12:40AM ET
The number of decentralized exchanges running layer-two solutions is growing as the Ethereum network struggles to keep up with its own popularity.
As excessive Ethereum gas prices continue to hamper smaller transactions and operations on the network, the number of faster and cheaper options continues to expand as layer-two adoption increases. Layer-two solutions have the potential to process thousands of transactions per second, rather than the handful processed on layer-one.
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Written By: Cointelegraph
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