The second layer of Ethereum, it is worth its weight in gold and the Final has been increased to 1 billion dollars to BTC Immediately

Despite its flaws, and projects with multiple parties, and have increased prices to ensure that the Final industry to be worth more than $ 1 billion.

More than one-half of the value comes from the MakerDAO. Also, Aave and Set the Protocol to contribute significantly to the value.

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Final, driven by rising prices

Final state, for decentralized finance. This is a catch-all for a variety of financial services that make use of the blockchains. The services are done in euro’s or dollars, but in the cryptocurrency s. That may be bitcoin, or the aether, but also stablecoins such as a tether. The value of the Final market-is highly dependent on the price of the cryptomarkt. However, it must be said that almost all of the Final companies to make use of Ethereum.

Now, the sentiment on the cryptomarkt great (and to speculate), to flourish, the variety of Final-to-business companies in the. Think about the companies with which your computer can be borrowed and on loan, but even with a decentralized exchange.

For the most part, the value of which is in the Final, it is locked, is out of the Aether, and stablecoins. Compared with the april 2019 at the latest ago ethereum, with an 85% increase, and this is one of the most important reasons as to why there is so much money going into Final. More and more traders are making use of leenprotocollen with ether to leverage their exposure to the spot market to increase in size.

The small guys will be big

We had a name for Aave, just not so much. This is a great platform for flashleningen. As their liquidity increased from $ 20 million in march to $ 80 million right now. The reason why Aave popularity grew, it is because they are lending against a floating or a fixed rate. Customers are able to choose from. This mechanism is to ensure that the interest rate is higher than that of the competitors, and that’s a lot of cryptobezitters their coins, that’s why we like parts of Aave.

The Set Protocol, which is an automated investeringsprotocol be built on the blockchain of Ethereum, raised within the six-month period, 2 million to $ 15 million. These figures are based on the amount of customers base.

Uniswap and Bancor have in the last few months, will also upgrade their protocols to be implemented. This is decentralized stock exchanges (DEX) will have competition from Go, and this company has been in existence for only two months, but it has been more than 12-million dollars in cash.

The importance of the second-tier

All of these companies are working on a second one of the layers of the blockchain of Ethereum. This shows that the schaalbaarheidsprobleem of Ethereum will not only be fixed with the SIGHTS of the 2.0, but it is actually a temporary solution has been found. An example of this: OmiseGo, which is a project that works with the people of the Ethereum was launched on the mainnet. They announced almost immediately that the Tether is the most commonly used stablecoin, from now on, will be run on the second tier.

Starkware have carried out an experiment in order to see what is required as of 1.3 million people from a specific subreddit transactions would have to run at that low a level. As a result, it is only about 2.5% of the available bandwidth of the network would be used, at an average price of 0,003 usd. This means that, in theory, is that of the 52 million registered users, Ethereum would be able to use it prior to the transaction by an order of magnitude increase.

Also a Plus is the solution for the second layer. Last week they launched their ‘mainnet’ in which it is thought that a 10,000 transactions per second, can be carried out.

The second layer is similar to the present, and now there are more and more being built, and made use of it on. Now, it’s just a matter of what is the impact of the SIGHTS of the 2.0.

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