Ethereum Upgrade Sparks Real Estate Revolution and Fuels DeFi Integration
March 19, 2024Ethereum's Dencun EIP 4844 upgrade has significantly cut transaction costs, increasing the platform's accessibility for applications like real estate.
The upgrade has resulted in a rise in daily transactions and minting on the Ethereum Base network.
Layer 2 solutions have been enhanced by the upgrade, improving cost-efficiency and scalability, thus negating the need for Layer 3.
The surge in Layer 2 adoption has been fueled by the upgrade, attracting a broader user base.
The convergence of Ethereum's advancements and the approval of Bitcoin ETFs is bridging the gap between traditional and digital finance.
The integration of DeFi with Real World Assets post-upgrade is revolutionizing financing methods and modernizing the mortgage and banking sectors.
These developments signify a pivotal moment for the financial industry, with blockchain poised to drive future innovation and success.
Summary based on 2 sources
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Sources
Forbes • Mar 19, 2024
What Is Ethereum's Dencun Upgrade And How Does It Help?BeInCrypto • Mar 18, 2024
This Is Why Ethereum, Not Bitcoin, Will Power the Future Financial System