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Cryptocurrency News

Buterin: Layer-2 scaling will make crypto payments ‘make sense’ again

08/08/2022

Less than a minute

2022.08.08 18:57

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.