Even with Ethereum 2.0 underway, L2 scaling is still key to DeFi’s future -Breaking
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In the last few decades, the network’s evolution has been remarkable. The rise of Decentralized finance(DeFi). recent London upgrade has made the network the most compelling attempt to instill a ‘world computer,’ but there’s still work to be done.
Global adoption will be the backbone for Web 3.0. The network needs the Eth 2.0 upgrade to provide these benefits. However, to scale for a new wave of decentralized applications (DApps), it’s going to take a lot more, and it’s looking like layer-two solutions may be the only answer.
Sandeep NailwalPolygon is the blockchain platform that allows for scaling Ethereum and infrastructure development. Sandeep was also a cofounder. Sandeep is a crypto entrepreneur who has been active in the space since 2016. Jaynti and Anurag Kanani co-founded Polygon to address the issue of scaleability. The main tasks of his role include leading branding, marketing, and operations. He also partners with key stakeholders to help push Polygon’s vision forward. Sandeep is a graduate of National Institute of Industrial Engineering, India’s top school.
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