BofA Says Ethereum Needs Scalability Improvements to Hold Its Market Position

The transition also acts as a precursor for the โ€œSurge,โ€ the second of the planned upgrades, the note said. That will aim to improve Ethereumโ€™s throughput from around 15 transactions per second (TPS) to about 100,000 TPS while reducing transaction fees, it added.

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