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Ep. 472 - The Start of a New Era Begins Now, with Kosala Hemachandra of MEW

#CRYPTO101

In this episode of Crypto 101, brought to you by LinkedIn.com/crypto, we talk to Kosala Hemachandra of MyEtherWallet about how the current Ethereum merge is just the first step towards months and years of further innovation, bringing ETH to levels well beyond where we are now.

Key Insights from Kosala Hemachandra

Future Innovations: Hemachandra emphasizes that the merger is just the beginning of Ethereum’s evolution. He anticipates ongoing developments that will push Ethereum’s capabilities far beyond current levels. This includes future upgrades aimed at improving network efficiency and user experience.
Impact on Decentralized Finance (DeFi): The transition to PoS is expected to make DeFi applications more accessible and scalable, fostering further innovation in this space. Lower transaction fees and increased efficiency are likely to attract more users and developers.
Upcoming Phases: Hemachandra outlines a roadmap for Ethereum’s future, which includes several phases such as “The Surge,” focused on scalability improvements through sharding technologies, and “The Shanghai Upgrade,” which will enable staking withdrawals and further reduce transaction costs on layer-2 platforms.
Broader Implications: The Merge positions Ethereum not only as a leading blockchain platform but also as a foundation for new technologies and applications within the Web3 ecosystem. Hemachandra believes that these advancements will significantly impact how users interact with blockchain technology in the coming years.

Kosala Hemachandra’s insights highlight an optimistic outlook for Ethereum post-Merge, indicating that substantial innovations are on the horizon that could redefine its role in the crypto landscape.

Key Insights from Kosala Hemachandra

Future Innovations: Hemachandra emphasizes that the merger is just the beginning of Ethereum’s evolution. He anticipates ongoing developments that will push Ethereum’s capabilities far beyond current levels. This includes future upgrades aimed at improving network efficiency and user experience.
Impact on Decentralized Finance (DeFi): The transition to PoS is expected to make DeFi applications more accessible and scalable, fostering further innovation in this space. Lower transaction fees and increased efficiency are likely to attract more users and developers.
Upcoming Phases: Hemachandra outlines a roadmap for Ethereum’s future, which includes several phases such as “The Surge,” focused on scalability improvements through sharding technologies, and “The Shanghai Upgrade,” which will enable staking withdrawals and further reduce transaction costs on layer-2 platforms.
Broader Implications: The Merge positions Ethereum not only as a leading blockchain platform but also as a foundation for new technologies and applications within the Web3 ecosystem. Hemachandra believes that these advancements will significantly impact how users interact with blockchain technology in the coming years.

EPISODE

Ep. 472 - The Start of a New Era Begins Now, with Kosala Hemachandra of MEW

Key Insights from Kosala Hemachandra

Key Insights from Kosala Hemachandra

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