Coinbase Chief Of Product Predicts Major Advances For Ethereum In 2022

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Ethereum is one of the prominent blockchains in the crypto industry that established smart contract technology. This helped consolidate decentralized finance and checkmate third-party interference in cryptocurrency transactions. But in the past, its main challenge and setback were linked to scalability and speed in executing transactions.

As the months and years roll by, Ethereum is making tremendous progress in tackling scalability issues. This led to the rolling out of the layer-two version of the blockchain.

Related article | Is Norton 360 Mining Ethereum In Your Computer? If It Is, They’ll Take a 15% Cut

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With the new year’s kick-off, many individuals have shared their predictions and expectations for the crypto industry in 2022. Some of these individuals include investors, analysts, and industry leaders. Among the several comments comes the latest publish from Surojit Chatterjee, the Chief Product Officer of Coinbase.

Chatterjee predicts major advances for the scalability of Ethereum. Sharing his predictions on Tuesday through a company blog post, the CPO expressed his confidence in Ethereum. He mentioned that the blockchain’s scalability would push it ahead of Web3 and the crypto economy.

Ethereum struggles to rise again | Source: ETHUSD on TradingView.com

Furthermore, he was confident that there would be an improvement in Ethereum’s scalability. Also, he…

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