Cryptocurrency News
Buterin: Layer-2 scaling will make crypto payments ‘make sense’ again
2022.08.08 18:57
Buterin: Layer-2 scaling will make crypto payments ‘make sense’ again
Ethereum co-founder Vitalik Buterin has argued that crypto payments will once again “make sense,” as transaction costs will soon fall to fractions of a cent due to layer-2 rollups.
The Cointelegraph team currently on the ground at Korea Blockchain Week (KBW) quoted Buterin as stating that the final hurdle to getting transactions down to fractions of a cent at scale is blockchain data compression.