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Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCryptos own research on the subject.

XRP is a cryptocurrency that is designed to facilitate fast and cheap cross-border money transfers. It is the native token of the Ripple network, a decentralized payment protocol that is designed to connect banks, payment providers, and digital asset exchanges. Ripple aims to improve the speed and efficiency of cross-border payments by using XRP as a bridge currency.

One of the key advantages of XRP is its speed. Transactions on the Ripple network can settle in just a few seconds, compared to several minutes or even days for traditional wire transfers. This makes it an attractive option for businesses and individuals looking to send money across borders quickly and cheaply.

One of the key advantages of XRP is its speed. Transactions on the Ripple network can settle in just a few seconds, compared to several minutes or even days for traditional wire transfers. This makes it an attractive option for businesses and individuals looking to send money across borders quickly and cheaply.

ReadPrice Prediction for Ripple (XRP)for 2023-24

One reason for XRPs relatively strong performance may be its strong adoption in the financial industry. Many banks and financial institutions have begun using XRP as a means of facilitating cross-border payments, which has helped increase demand for the cryptocurrency. Additionally, Ripple Labs has made significant efforts to promote the adoption of XRP, which has helped promote its credibility and appeal.

After the company was established, the XRPL architects gifted 80 billion XRP tokens to Ripple for the company to build on the network. The XRP Ledger uses a consensus system that involves several bank-owned servers to verify transactions. The validators verify that the proposed transactions are valid by comparing them to the most recent version of the XRP Ledger.

A transaction must be accepted by the majority of validators to be verified.

The XRP ledger uses distributed ledger technology, which is different from the more commonly used blockchain technology. This technology allows bank and non-bank actors to incorporate the Ripple protocol into their own systems, as the protocol is completely open and accessible to anyone without prior approval from Ripple Labs.

In 2017 and early 2018, XRP reached an all-time high of $3.40, marking a 51,709% increase from its original price at the beginning of that year. Although it has since declined, XRP remains a significant player in the cryptocurrency market and is consistently ranked among the top ten coins in terms of market capitalization. The team behind XRP and Ripple continue to work on the development of the XRP ledger and its potential use cases in the global financial system. Overall, XRP remains a significant and influential cryptocurrency in the world of finance and technology.

In 2020, the US Securities and Exchange Commission (SEC) sued Ripple, alleging that the company sold $1.3 billion in unregistered securities through its XRP cryptocurrency. Ripple denies the allegations, claiming that XRP is not a security and does not meet the criteria for the Howey Test.

A report byCoinSharesindicated that investors are confident of Ripples victory in the landmark case against the SEC. This is based on the fact that XRP investment products have seen consistent inflows for three consecutive weeks.

On the business front, Ripple revealed key developments pertaining to its European expansion. The companysharedits progress with Paris- based Lemonway and Xbaht in Sweden. Businesses in France and Sweden will now be able to leverage Ripples On-Demand Liquidity (ODL).

On 15 November, Rippleannounced that it partnered with MFS Africa, a leading FinTech firm with the largest mobile money footprint in the continent. This joint venture seeks to streamline mobile payments for users in 35 countries.

In other news, Ripple CTO David Schwartz took toTwitterto offer former employees of the troubled crypto exchange FTX, a place at Ripple. However, this offer only stands for employees who were not involved with compliance, finance, or business ethics.

Ripplestie-upwith Tokyo Mitsubishi Bank in 2017 was a major milestone. Following the same, it became the second-largest crypto by market capitalization for a brief period. A year later, Ripple was in the news again for itspartnershipwith international banking conglomerate Santander Group for an app focusing on cross-border transactions.

In terms of rivals, Ripple has close to none at the moment. They are the leading crypto firm catering to financial institutions around the world. As the number of partnerships grows, XRP will reap the benefits. After all, it is the medium of exchange for all cross-border transactions enabled by RippleNet.

Ripple has been capitalizing on the need for quick transactions and another untapped potential in emerging economies, given that nations in Latin America and Asia-Pacific regions are more likely to realize the value of blockchain and its tokens compared to their first-world counterparts. With the rise of central bank digital currencies (CBDC), it is likely that developing countries looking to explore this option will go for Ripple, since it already offers a well-established cross-border framework. Increased adoption of CBDCs will also lead to banking institutions considering integrating crypto into their services. This will work out very well for Ripple, since RippleNet is already associated with a number of banks.

Blockchain solutions being offered to Ripples Central Bank partners wanting to venture into CBDCs include the option to leverage the XRP ledger using a private sidechain.

Ripple is predicted to develop rapidly over the forecast period, as it can be used for a variety of functions like accounting, investment, smart contract implementation, and decentralized programming.

XRP has an edge over its rivals due to its low cost of entry. The fact that a few dollars will buy tens of XRP seems appealing to new investors, especially those who prefer little investment.

According to a Valuatesreport, the cryptocurrency markets size is expected to hit $4.94 billion by 2030, growing at a CAGR of 12.8%. A number of crypto-firms will benefit from this, Ripple among them.

The growth in the cryptocurrency market is spurred by an increase in the demand for operational efficiency and transparency in financial payment systems, as well as an increase in demand for remittances in developing nations.

The general idea is that RippleNets adoption by financial institutions will increase, leading to more recognition of the platform as well as its native token. This has also been factored in while calculating predictions for 2025 and beyond.

Data from CoinMarketCap shows that XRP has lost more than 6% of its value over the past seven days. At the time of writing, the token was trading at $0.46, with a market capitalization of $23 billion. As the sixth largest crypto in the world, XRP saw a trading volume of more than $734 million over the past 24 hours. The total open interest on XRP perpetual contracts have gone down by 0.84% in 24 hours.

XRPs press time price was a far cry from its all-time high of $3.84 in January 2018. As a matter of fact, its price was closer to its launch price than its all-time high.

Although XRP gained somewhat over the last three months, its recent returns have made investors worried.

On 22 December 2020, the U.S Securities and Exchange Commission (SEC)fileda lawsuit against Ripple Labs. The lawsuit alleged that Ripple had raised $1.3 billion through the sale of unregistered securities (XRP). In addition to this, the SEC also brought charges against Ripples top executives, Christian Larsen (Co-founder) and Brad Garlinghouse (CEO), citing that they had made personal gains totaling $600 million in the process.

The SEC argued that XRP should be considered security rather than a cryptocurrency and as such, should be under their purview.

A verdict in favor of the SEC will set a rather unpleasant legal precedent for the broader crypto market. This is why this case is being closely observed by stakeholders in the industry.

It is evident that developments in the lawsuit have a direct impact on XRPs price. Following the news of the lawsuit in 2020, XRPtankedby almost 25%. In April 2021, the judge handed Ripple a small victory bygrantingthem access to SECs internal documents, which caused XRP to rise over the $1-mark A threshold that the crypto hadnt crossed in 3 years.

According to atweetby Defense Attorney James Filan on 15 August 2022, the U.S District Court for the Southern District of New York dealt yet another blow to the SEC when Judge Sarah Netburn granted Ripples motion to serve subpoenas to obtain a set of video recordings for the purpose of authentication, dismissing the regulators claim that Ripple was trying to reopen discovery. This was in response to Ripplesmotionfiled on 3 August 2022.

In theOpinion & Orderpublished earlier in July, Judge Sarah Netburn condemned the SEC for its hypocrisy and actions which suggested that the regulator was adopting its litigation positions to further its desired goal, and not out of a faithful allegiance to the law.

The lawsuits verdict, whatever it is, will have a lasting impact on XRPs value. It is important to note that a verdict in favor of the SEC would make XRP security only in the U.S. because the regulator does not have jurisdiction across the countrys borders. This should offset some of the damage to Ripple, given that it has a substantial amount of business globally.

Carol Alexander, Professor of Finance at the University of Sussex,believesthat XRP is unlike any other crypto. She believes that if Ripple manages to beat the SEC lawsuit, it could start taking on the SWIFT banking system. SWIFT is a messaging network that financial institutions use to securely transmit information and instructions.

In an interview with CNBC, Ripple CEO Brad Garlinghousetalkedabout the possibility of an IPO after the case with the SEC is resolved. Ripple going public will have a significant impact on XRPs price action in the following years.

In aninterviewwith Axios at Collision 2022, Garlinghouse further stated that the current price of XRP has already factored in Ripple losing the case. If Ripple loses the case, does anything change? Its basically just status quo, he added.

As for his personal opinion on the verdict, Garlinghouse is betting that it will be in favor of Ripple. Im betting that because I think the facts are on our side. Im betting that because the law is on our side, he remarked.

Curiously, support for Ripple and XRP hasnt been universal really, with Ethereums Vitalik Buterin recentlycommenting,

XRP already lost their right to protection when they tried to throw us under the bus as China-controlled imo

Ripple and the SECs lawsuit is not just restricted to the courtroom. The matter is often covered by the media with both parties having been featured in multiple op-eds, often criticizing each other. Just this month, the market watchdog and the crypto firm were the subject of a heated exchange through pieces published by the Wall Street Journal.

On August 10, SEC Chairman Gary Gensler reiterated his stance on the definition of crypto assets and their oversight in hisop-edpiece featured in The Wall Street Journal. Make no mistake: If a lending platform is offering securities, it . . . falls into SEC jurisdiction.

Chairman Gensler went on to cite the $100 millionsettlementthat the regulator had reached with BlockFi, stating that the crypto markets must comply with time-tested securities laws. As per the terms of the settlement, BlockFi has to rearrange its business to comply with the U.S Investment Company Act of 1940 in addition to registering under the Securities Act of 1933 to sell its products.

In response to Chairman Genslers op-ed, Stu Alderotypublishedhis own piece in The Wall Street Journal and did not mince his words while taking a shot at the regulator. Alderoty accused Gensler of side-lining fellow regulators (CFTC, FDIC etc.) and overreaching its jurisdiction, as opposed to the executive order by U.S President Joe Biden, which directed agencies to coordinate on regulations for crypto.

What we need is regulatory clarity for crypto, not the SEC swinging its billy club to protect its turf at the expense of the more than 40 million Americans in the crypto economy, Alderoty added.

A controversial article authored by Roslyn Layton in Forbes on 28 August pointed out that since 2017, the SECs Crypto Assets Unit has been involved in 200-odd lawsuits. According to Layton, this figure suggests that instead of coming up with clear regulations to ensure compliance, the regulator would rather engage crypto firms with lawsuits in an attempt to regulate by enforcement.

Ripple CTO David Schwartz found himself in a stand-off with Ethereum Co-Founder Vitalik Buterin earlier this month, after Buterin took a dig at XRP ontwitter. Schwartz hit back andrespondedto Buterins tweet, comparing miners in the PoW ecosystems like Ethereum to stockholders of companies like eBay.

I do think its perfectly fair to analogise miners in PoW systems to stockholders in companies. Just as eBays stockholders earn from the residual friction between buyers and sellers that eBay does not remove, so do miners in ETH and BTC, Schwartz added.

Now, putting an accurate figure on the future price of XRP is not an easy job. However, as long as there are cryptocurrencies, there will be crypto pundits offering their two cents on market movements.

Changelly has gathered an average prediction of $0.47 for XRP by the end of 2022. As for 2025, Changelly has provided a range between $1.47 to $1.76 at max for XRP.

Finders conclusion from a panel of thirty-six industry experts, is that XRP should be at $3.61 by 2025. It should be noted that not all of those experts agree on that forecast. Some of them believe that the crypto wont even cross the $1 threshold by 2025. Keegan Francis, the global cryptocurrency editor for Finder, does not agree with the panel of experts. He predicts that XRP will be worth $0.50 by the end of 2025 and, surprisingly, a mere $0.10 in 2030.

According to data published onNasdaq, the average projection for 2025 is around $3.66.

Are your XRP holdings flashing green? Check theprofit calculator

Finders experts had a rather conservative figure for XRP in 2030. They believe that the crypto could hit $4.98 by 2030. In a statement to Finder, Matthew Harry, the Head of Funds at DigitalX Asset Management, revealed that he doesnt see any utility in XRP other than the speculation element.

According to data published on Nasdaqswebsite, the average projection for 2030 is around $18.39.

Year-to-date (YTD) figures from Ripples Quarter 2 earningsreporthave made it clear that despite the drop in XRPs price, demand for their On-Demand Liquidity service not only remained undeterred but actually grew by nine times year-over-year (YoY) with ODL sales totalling $2.1 billion in Q2. The report further stated that Ripple has pledged $100 million for carbon removal activities, in line with their carbon neutral objective and sustainability goals.

Ripples Crypto Trendsreport claims that NFTs and CBDCs are still in their nascent stages and, as their potential is gradually realized, its impact on Ripples network and on the broader blockchain space will be visible.

It should be noted that while various experts have predicted XRPs price to increase in the following years, there are some who believe that XRP will lose all value by the end of the decade.

The major factors that will influence XRPs price in the coming years are:

Predictions are not immune to changing circumstances, and they will always be updated on new developments.

With the Fear and Greed index leaning towards neutral at press time, it implies that investors were confident in their expectations about XRP.

Continued here:

Ripple (XRP) Price Prediction 2025-2030: XRP scores at this level, more inside - AMBCrypto News

As the two titans of the budding meme kingdom, Shiba Inu [SHIB] vs Dogecoin [DOGE] is one discussion that has failed to leave the lips of the crypto community. Needless to say, the memes were one of the stars of the 2021 bull market.

Realistic or not, heres SHIBs market cap in BTCs terms

With their meteoric rise in 2021, investors and traders alike are now looking for the next big meme to hit the market. But for some, DOGE and SHIB both have the capability to replicate the performances that set them into the limelight. Now, the question is who will outshine the other?

Enter Shiba Inu, the token created as a medium of exchange in 2020, thanks to a self-serving community. Between 2020 and 2021, SHIBs value grew exponentially, by almost 982,000%.

DOGE, on the other hand, entered the market much earlier. For context, the coin was created in 2013 as a joke alternative to Bitcoin [BTC]. Thanks to the numerous tweets by Elon Musk, the coin was able to register an incredible 141,000% hike in the season when crypto newbies became dollar millionaires.

But as it stands, the value of DOGE and SHIB has felt the wrath of the market. At the time of writing, SHIB was 88.42% down from its All-Time High (ATH) while DOGE was down 89.21%.

Despite the drawdown, attention has not shifted away from these cryptocurrencies. For instance, Ethereum [ETH] whales have made it a priority to place SHIB as their most valued asset.

As of 27 March, WhaleStats reported that thousands of whales cumulatively held $606.55 million worth of SHIB. This data confirmed the interest in the token despite its discouraging performance.

Holding on to such a large amount could mean that investors have the conviction that SHIBs long-term performance could be worth the wait. Although Dogecoin hasnt done badly in terms of whales input, it was not able to get the recognition that SHIB has.

As of this writing, the number of addresses holding 1 million to 1 billion DOGE depleted from the highs recorded in January 2023.

With respect to utility, SHIB seems to have continued to outperform DOGE. As an addition to its concept of token exchange, the Shiba Inu team topped up with the Shibarium project. The project isa layer two (L2) blockchain that houses other tokens including Bone ShibaSwap [BONE], and Doge Killer [LEASH].

Although Shibarium was developed as a value-added project to the Shiba Inu ecosystem, the hype that came with the launch seems to have gone extinct. Additionally, its effect on SHIB was almost non-existent.

Even though the project has the support of Ethereums co-founder Vitalik Buterin, the team made sure that they did not only rely on the influence of external forces. The Dogecoin community, in contrast, heavily looks up to Elon Musk and Twitter payment support.

Shiba Inu tried to be independent of the Vitalik backing in many aspects, especially in the burning of its tokens. Yes, it is noteworthy to mention that Vitialik did impact the decision, but SHIB seems to have found its own path.

The goal of the burning mechanism is to help sustain the meme coin market value. This is done by sending some of the supply to dead wallets. And at press time, the total SHIB burntexceeded 410 trillion, with 7.26 million burned in the last 24 hours.

However, Dogecoin has a major advantage over Shiba Inu. Doge has its own blockchain unlike Shiba Inu, which operates on the Ethereum blockchain. Also, Dogecoins market cap is almost twice as that of Shiba Inu. This makes it the eighth-largest cryptocurrency in market value.

While DOGEs market cap was $10.89 billion at press time, SHIBs stood at $5.82 billion. The market capitalization here considers the circulating supply of a coin and its value into consideration.

Though Dogecoin has a greater market cap than Shiba Inu, the latter has a bigger circulating supply.

Surely, investors expect DOGE and SHIB to perform excellently when this market condition exits its final stage. However, there is no guarantee of which would outperform the other.

How much are 1,10,100 DOGEs worth today?

In fact, there is a new meme in townthe frog-themed PEPE. This token recently reacheda $100 million market cap and surpassed SHIBs trading volume. And since its tremendous surge within a few days, a sizable part of the market has tipped it to give DOGE and SHIB a run for their money.

Meanwhile, it is important to remember that several factors impact the performance of an ecosystem or token. The fact that both cryptocurrencies contribute immensely to market liquidity and excelled in one cycle is no guarantee that there will be a repeat.

Read more here:

Shiba Inu vs Dogecoin: Which meme owns the next bull cycle? - AMBCrypto News

Dogecoin (DOGE) and Shiba Inu (SHIB) have seen impressive runs in 2021. Now in 2023 amid a bear market, investors are looking for alternate strategies to maximize their profits. One of the newer, yet promising crypto projects is HedgeUp (HDUP).

As the lockdowns raged on throughout 2020, Dogecoin (DOGE) emerged as an unlikely star. Riding the wave of Reddit-driven hype. Dogecoin (DOGE) was a fun way for the crypto community to express itself and make money in the process. What followed was a massive price surge that saw the asset appreciate significantly. Dogecoin (DOGE) made millionaires of many investors who managed to get in at the right time.

With Elon Musk championing it and the wider community rallying behind Dogecoin (DOGE), there was no stopping its meteoric rise. Dogecoin (DOGE) was still considered a joke by many, but it had become among the largest crypto assets in terms of market cap. Dogecoin (DOGE) has failed to repeat its success in the past two years, but its legacy remains. This means investing in Dogecoin (DOGE) now may not be the best idea as there are better alternatives.

Another crypto project that emerged out of the doldrums and made huge gains was Shiba Inu (SHIB). When news of the Shiba Inu (SHIB) project emerged, many investors were quick to jump on board. After all, Shiba Inu (SHIB) was a high-risk, high-reward investment opportunity. And it paid off for those brave enough to get in early. Shiba Inu (SHIB) may also just have been a meme token, but it managed to establish a strong base and continues to grow in value.

However, Shiba Inu (SHIB) is now creating a new breed of crypto investors that are looking for more than just memes and jokes. Shiba Inu (SHIB) may be developing some supporting dApps but ultimately, it is still a high-risk investment. Shiba Inu (SHIB) was praised by Ethereums founder Vitalik Buterin time will tell if Shiba Inu (SHIB) can live up to its potential.

>> Buy HedgeUp Now <<

HedgeUp (HDUP) is a decentralized finance platform that allows users to speculate on the price of a variety of physical assets represented digitally. The platform utilizes NFTs and blockchain technology to decentralize the ownership of these assets while providing security and transparency.

The HedgeUp (HDUP) platform allows users to invest in a variety of assets from gold to art, watches, and much more. This democratization of investments makes HedgeUp (HDUP) an attractive option for investors and traders. With a minimum investment of one dollar, anyone can get started with just a few clicks. As an early investor, up to a 30% bonus can be applied to your balance.

Find out more about the HedgeUp (HDUP) presale here:

See more here:

Success Leaves Clues: Dogecoin (DOGE) and Shiba Inu (SHIB) Investors also hold HedgeUp (HDUP). Are 2000% gains on the cards? - NewsBTC

04/16 update below. This post was originally published on April 14

BitcoinBTC and ethereum have each rocketed higher this week after a surprise bitcoin easter egg fueled a wild Satoshi Nakamoto identity theory.

Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market roller-coaster

The bitcoin price has topped $30,000 per bitcoin for the first time since June last year while the ethereum price has crossed the $2,000 per ether level, helped by ethereum's long-awaited Shanghai upgrade and Coinbase's chief executive revealing an exciting bitcoin upgrade.

Now, ethereum cofounder and the project's spirital leader Vitalik Buterin has said the network needs to urgently focus on solving its scaling issues before the next bitcoin, ethereum and crypto price bull run.

It's at the beginning of a bull run you need up-to-date information the most! Sign up now for the free CryptoCodexA daily newsletter for traders, investors and the crypto-curious that will keep you ahead of the market

"If we dont fix scaling before the next bull run, people are going to be stuck paying $500 transaction fees," Buterin said in a live stream reported by The Defiant ahead of the network's closely-watched upgrade that has been branded Shapellaa combination of Shanghai and Capella.

Buterin warned that if ethereum doesn't solve its scaling issues before the next crypto bull run, a spike in on-chain activity could result in ethereum users being hit with sky-high transaction feesas happened in previous bitcoin, ethereum and crypto price bull runs.

"The Shapella upgrade closes the loop on some things that are part of the PoS [proof-of-stake] transition but did not make it in time for the merge, withdrawals obviously being really important," Buterin said during the Ethereum Foundation live stream. "The immediate next focus after this is going to be scaling."

Ethereum's 'merge' to a proof-of-stake from bitcoin's more energy-demanding proof-of-work last year saw miners replaced with "validators" who can stake their ethereum to the network in return for "yield." This week's Shanghai upgrade means those who had already staked ethereum to the blockchain can now withdraw it.

04/16 update: The ethereum blockchain currently has just over $2 billion waiting to be withdrawn after topping $3 billion on Friday.

Some fear the looming wall of withdrawals that could be offloaded onto the market will add pressure to the ethereum price. However, this has failed to happen so far, with the ethereum price adding over 10% this week and topping $2,000 per ether for the first time since last summer.

Sign up now for CryptoCodexA free, daily newsletter for the crypto-curious

The upgrade has also re-ignited hopes that Wall Street and institutional investors could be about to pile into the market.

"The highly anticipated ethereum Shanghai upgrade is potentially game-changing and could be the catalyst towards digital assets becoming mainstream in the majority of funds," Mona El Isa, the chief executive of crypto-focused asset management company Avantgarde Finance, said in emailed comments, adding Avantgarde has "seen increased interest from institutional investors" looking to get into bitcoin, ethereum and crypto.

"This newfound liquidity will be seen as a move to de-risking digital asset allocations by institutional investors, who have previously been put off by ethereums old version that locked money in. With the removal of a major barrier, we would expect to see a rapid move towards investors staking ethereum, which could prove bullish for the price of the asset long-term."

I am a journalist with significant experience covering technology, finance, economics, and business around the world. As the founding editor of Verdict.co.uk I reported on how technology is changing business, political trends, and the latest culture and lifestyle. I have covered the rise of bitcoin and cryptocurrency since 2012 and have charted its emergence as a niche technology into the greatest threat to the established financial system the world has ever seen and the most important new technology since the internet itself. I have worked and written for CityAM, the Financial Times, and the New Statesman, amongst others. Follow me on Twitter @billybambrough or email me on billyATbillybambrough.com.Disclosure: I occasionally hold some small amount of bitcoin and other cryptocurrencies.

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Next Bull RullEthereum Founder Issues Bullish Prediction After Game Changing Upgrade Helps Bitcoin Price Rally - Forbes

Next Major Upgrade Is Expected In Early 2024

With the Shapella upgrades in the rear-view window, Ethereums developers will now prioritize delivering significant improvements to scalability, Ethereum creator Vitalik Buterin said in a livestream preceding the highly-anticipated forks.

Ethereums Shanghai and Capella forks, known as Shapella, went live on Wednesday at epoch 194,048, allowing Ethereum stakers to withdraw their Ether for the first time. The event was the networks first major upgrade since The Merge transitioned Ethereum to Proof of Stake consensus last September.

The Shapella upgrade closes the loop on some things that are part of the PoS transition but did not make it in time for the merge, withdrawals obviously being really important, Buterin said during an Ethereum Foundation livestream.The immediate next focus after this is going to be scaling.

Buterin warned that without improved scalability, a spike in on-chain activity could result in Ethereum users having to cough up hundreds of dollars for transaction fees just to transact on-chain, as frequently occurred during the previous bull cycle.

If we dont fix scaling before the next bull run, people are going to be stuck paying $500 transaction fees

Buterin confirmed that Ethereums next hard fork, rumored to take place sometime around the start of 2024, will include EIP-4844, also known as proto-danksharding.

Researchers say EIP-4844 will dramatically improve the scalability of Layer 2 rollups by replacing calldata with data blobs, which are less blockspace-intensive for the network to process. Buterin described minimizing transaction data as the primary bottleneck for scaling rollups.

Buterin said proto-danksharding could deliver a 10x improvement in scalability, adding that development towards EIP-4844 is moving forward quickly. He added that the upgrade paves the way for full sharding.

Buterin also praised Ethereums Layer 2 teams for their progress over the past 12 months, noting the launch of zkEVMs from Polygon and Matter Labs, and the impressive growth of Arbitrum and Optimism.

Looking ahead, Buterin said Ethereum is still in the throes of its most disruptive upgrades, predicting the network will enter a period of relative stability once Ethereums scalability roadmap is complete.

After this [next] fork is done, and then after scaling is done, were in a stage where the hardest and fastest parts of the Ethereum protocols transition are essentially over, Buterin said. Various things will need to be done, but those things can be safely done at a slower pace.

While speaking at a conference in Paris on July 21, 2022, Buterin said Ethereums transition to Proof of Stake would usher in a temporary phase of turbulent changes.

At some point, the rate of change of the Ethereum protocol is going to have to [slow down], Buterin said. It doesnt necessarily mean that Ethereum ossifies completely, but it does mean that it looks somewhat more like a system that optimizes for safety and predictability, and less like an ecosystem that optimizes for impressing and dazzling people.

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Vitalik Says Ethereum Will Focus On Scalability Post-Shapella - The Defiant - DeFi News