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Ethereum co-founder Vitalik Buterin has recently made a statement about the upcoming Pectra network upgrade, which he claims will double the layer two (L2) capacity on the Ethereum blockchain. This is seen as a significant breakthrough in scaling and improving the overall efficiency of the Ethereum network.
In his statement, Buterin highlighted the importance of increasing the L2 capacity to meet the growing demand for decentralized applications and transactions on the platform. He emphasized that this upgrade will be crucial in ensuring the long-term sustainability of the Ethereum ecosystem.
Buterin’s remarks have sparked a lot of interest and excitement within the cryptocurrency community, as it seems that Pectra will play a significant role in resolving the scalability issues that have plagued Ethereum for some time now.
Source: u.today
