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Summary
- The Ethereum network is becoming increasingly congested due to the growth of applications and smart contracts.
- This congestion has led to a surge in GAS consumption for transfers and contract calls.
- The Ethereum Express Network is a potential solution to this issue, offering a more competitive and advantageous layer 1 solution.
Numbers and figures mentioned: None
Case studies, anecdotes, and examples: None
About Ethereum Express: Unlocking the Power of Blockchain
The Ethereum network is increasingly burdened by a proliferation of applications and smart contracts, leading to a surge in resource utilization. As a result, the network has become congested, and the GAS required for transactions and contract executions has skyrocketed. In this scenario, a layer 1 solution, akin to the Ethereum Express Network, would possess a distinct competitive edge.