ETH - Should You Still Buy Ethereum?
You probably heard that the Merge went successfully last week . What's next for Ethereum (CRYPTO: ETH) , and how should investors approach the world's second-most-valuable cryptocurrency?
First, we should make one thing clear: The Merge is just one step in Ethereum's development. The blockchain is still a work in progress. It's barely halfway complete, according to one of its co-founders, Vitalik Buterin.
At the Ethereum Community Conference in Paris this July, Buterin was asked about his thoughts on the future of the blockchain. He said that Ethereum would still be at only 55% completion once the Merge was finalized and launched. Additionally, he discussed future improvements and implementations that will eventually make Ethereum able to handle 100,000 transactions per second (tps), orders of magnitude more than the 12 to 20 tps it can handle in its current state.
For further details see:
Should You Still Buy Ethereum?