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Microsoft Exec: Ethereum Will Be The New App Store In A Decentralized Future.

Microsoft_Exec_Ethereum_Will_Be_The_New_App_Store_In_A_Decentralized

According to Microsoft’s Director, the Ethereum network may gain even more adoptable in the future. It is believed that the network’s offerings and capabilities will make it the ground-zero for apps in 2023.
Yorke Rhodes, the Director of Digital Transformation at Microsoft has welcomed Ethereum’s brilliant features and predicted the network to become the go-to hub for apps by 2023. Since the world is sharply moving towards a decentralized future, DApps are gaining more popularity, considering over 9,000 decentralized applications in existence.
Rhodes’ prediction of 2023 is definitely tied to the Ethereum network’s transition from Proof-of-Work to Proof-of-Stake that will provide a new era for the network. The transition seems to be a major solution to the problem of scaling and the high gas fees associated with Ethereum in recent months. Meanwhile, Ethereum’s co-founder Vitalik Buterin has already proposed some short-term scaling solutions for the network.

About Tiffany Ellis

She is a smiley curious writer from the USA. She loves Cryptocurrencies, Arts an also NFTs.

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