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Reading: Helios’ Role Highlighted for Ethereum Expansion
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EdaFace Newsfeed > Latest News > Altcoin News > Helios’ Role Highlighted for Ethereum Expansion
Altcoin News

Helios’ Role Highlighted for Ethereum Expansion

vitalclick
Last updated: October 26, 2024 10:30 am
5 months ago
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Ethereum $2,524Vitalik Buterin, co-founder of , outlined the key steps for scaling Ethereum and highlighted the role of Helios, the multi-chain light client. Buterin noted that it is important to integrate Helios and similar solutions into mobile and desktop wallets for thin client verification on Ethereum’s Layer 1 and Layer 2 networks.

Integration of HeliosOptimization of Gas Rates

Integration of Helios

In his statements on the X platform, Buterin emphasized that Helios or other light clients should be added to user wallets. This integration will allow users to check the validity of transactions without running a full node. This is important considering Ethereum’s plans for an ecosystem with thousands of rollups.

Helios’ OP Stack support contributes to Ethereum-focused efforts to interconnect rollups. Helios aims to ease the burden on rollup operators by coordinating data between different rollups in the Superchain ecosystem.

Optimization of Gas Rates

Buterin explained that work is ongoing to improve Ethereum’s gas fee system and increase transaction speed. This update is expected to increase Ethereum’s number of transactions per second by 1.5x. This development could contribute to Ethereum’s ability to compete with faster blockchains.

This change is designed to not threaten the security of Ethereum.

In the Ethereum market, the focus on scaling is triggering a variety of investor sentiments. While some analysts state that Ethereum may be attractive as a long-term investment, others point to market activity.

Particularly large Ethereum transfers and ETH inflows on derivative exchanges can cause market fluctuations. However, the scaling steps Buterin noted could increase investors’ confidence in the network’s long-term growth potential.

The advancement of Ethereum’s scaling efforts aims to improve the efficiency of the network and user experience. These efforts will continue to support the sustainability and security of Ethereum.

The solutions offered by Helios and Ethereum’s gas optimization are considered important steps for the future growth of the network. Users and developers benefiting from these innovations can contribute to strengthening the Ethereum ecosystem.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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