ilmscore | ETH Pump Incoming?! Dencun Could Change Ethereum Forever!

ETH Pump Incoming?! Dencun Could Change Ethereum Forever!

Published: 2024-02-06
Status: Available | Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Topic
Status
Ethereum Layer 2 transactions are predicted to become 10 to 100 times cheaper due to the Denune upgrade.
"the supercharge inefficiency for rollup layer 2os means that transactions are predicted to be 10 to 100 times cheaper"
ETH
Pending
Layer 2 solutions on Ethereum are estimated to become 45 to 100 times faster after the Denune upgrade.
"a coin shares report we recently summarized estimates that layer 2 could be anywhere between 45 and 100x faster"
ETH
Pending
Once full sharding is implemented on Ethereum, Layer 2 transaction costs are expected to become significantly cheaper, building upon the reductions seen with Denune.
"denune is just one stage of ethereum's overall goal of sharding if layer 2 transaction costs can already be reduced by 10 to 100 times their price at this stage just imagine how much cheaper eth transactions will be once full sharding is rolled out"
ETH
Pending
Ethereum is expected to face stiff competition from other blockchain projects that already offer features Ethereum is still developing.
"it's almost certain that ethereum will see some very stiff competition from other projects that can in many cases already offer what ethereum is still working towards"
ETH
Pending
Reduced transaction fees on Ethereum are likely to encourage new users to stay, learn, and adopt cryptocurrency more widely.
"if these new users are no longer being put off by the prospect of paying ridiculous fees to do basic transactions on ethereum they will be more inclined to stay to learn and to adopt crypto more widely"
ETH
Pending
Ethereum has the highest number of active developers among all cryptocurrency blockchains.
"remember as well that ethereum has the most active developers of any crypto blockchain"
ETH
Pending