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


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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