Coinbase executives: a major Ethereum expansion and improvement will be launched soon

Time:2022-01-03 Source: 871 views Trending Copy share

On January 4th, Coinbase Chief Product Officer Surojit Chatterjee released his latest forecast for the crypto industry in 2022.

Surojit Chatterjee predicted in a company blog post that the scalability of Ethereum will increase, but the alternative layer 1 network will also receive attention.

"With the emergence of Eth2 and many L2 aggregations, I am optimistic about the scalability improvements of Eth," he added. "There will also be newer layer 1 networks focused on games and social media." Chatterjee predicted, Advances in layer 1 to layer 2 bridges will greatly improve scalability, and the industry will "desperately seek speed and usability improvements across L1 and L1-L2 bridges."

When talking about scaling technology, CPO specifically mentioned ZK-rollups, saying that they will "attract the attention of investors and users." Chatterjee predicts that there will be more privacy-focused applications, but as more KYC/AML restrictions are implemented, it may attract more regulatory attention.

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