OMG Network 101: Scaling Ethereum — AAX Academy
Scalability is one of the crypto industry’s most obvious issues. Difficulty scaling poses an even bigger problem for Ethereum, which is among the most-used blockchain networks.
According to YCharts, daily transactions on Ethereum reached an all-time high in September 2020 at 1.4 million transfers, surpassing its previous record of 1.278 million from January 2018. With the DeFi space booming, this number is expected to increase further, with Ethereum currently processing over 1.3 million transactions (as of February 10).