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Even with Ethereum 2.0 underway, L2 scaling is still key to DeFi’s future
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The Ethereum network has come a long way over the last few years. Everything from the rise of decentralized finance (DeFi) to the recent London upgrade has made the network the most compelling attempt to instill a ‘world computer,’ but there’s still work to be done.
For global adoption to be the backbone of Web 3.0, the network will need the benefits that the Eth 2.0 upgrade promises to offer. 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.
Related: Want to improve blockchain infrastructure? Work under layer-two solutions
In August, Ethereum saw the implementation of its highly touted London upgrade. This hard fork
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