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ConsenSys: Ethereum Could Beat Visa in Terms of Performance

ByLouis Adams

Oct 10, 2022 #Ether
Reading time: < 1 minute

According to ConsenSys analyst David Shuttleworth, the upgrade on the Ethereum network (The Merge) will allow the network to outperform the Visa payment system in the future. ETH has not only maintained its status as the leading blockchain in the crypto sphere, but has also been able to strengthen its position.

Ethereum will be able to process more transactions per second than Visa.

After the activation of the Merge fork, conditions were created for the mass adoption of the blockchain and its underlying asset, ether.

At the same time, the ConsenSys analyst has opposed the monopolization of the crypto sphere. According to him, a large number of blockchains should be presented on the market, which will compete with each other, and users will be able to choose the most optimal network.