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

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.