- Ethereum, Polygon, and Cardano are embarking on permanent protocol upgrades.
- Contrary to popular belief, the crypto industry is on the verge of further expansion.
- Ethereum developers are considering raising the maximum validator limit from 32 ETH to 2,048 ETH.
According to an Altcoin Daily YouTube channel’s host, Ethereum, Polygon, and Cardano are embarking on protocol upgrades that would change the networks forever. He identifies this development as a contrast to the regulatory clampdown by the SEC. He notes that contrary to popular belief, the crypto industry is on the verge of further expansion and not dying, as Gary Gensler’s actions tend to project.
In a video uploaded on YouTube, the crypto personality explained that Ethereum developers are considering raising the maximum validator limit from 32 ETH to 2,048 ETH. The proposal suggests the maximum validator stake be increased to 2,048 ETH, while the minimum stake remains at 32 ETH.
As it stands, the balance cap is 32 ETH for a validator, implying that anyone willing to invest more ETH in the Ethereum staking program would adopt multiple validator accounts. The existing system has led to a significant increase in the number of validators. There are 600,000 validators on the Ethereum network, with an additional 90,000 applications awaiting approval.
According to the Altcoin Daily host, raising the cap would reportedly slow down the active validator set and improve the network’s efficiency in achieving finality within a single Ethereum slot.
The host also observed an upgrade in the Polygon network. The proposal is for the POS Chain to become ZK compatible. That would make the Polygon main chain into a zkEVM validium. If the Polygon community approves the proposal, it will make Polygon more secure. It would also make the framework of the blockchain more future-proof.
For Cardano, the channel’s host notes that a node upgrade has gone live. The upgrade reduces epoch transitions and makes the Cardano network smoother for network users. Epochs refer to periods on the Cardano blockchain. Users stake ADA tokens during epochs and produce new blocks on the Cardano network.
The Altcoin Daily host believes these upgrades on top crypto networks are significant to the industry’s growth. He notes that despite the current regulatory scrutiny, more funds are flowing into the crypto industry, with large-scale investors investing strategically toward future events.
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