The Merkle: Five Layer 1 Projects to watch in 2020 Featured
Among all Layer 1 blockchain projects, Ethereum is still king, regardless of its scalability limitations. In order to make their smart contract platform future-proof, Ethereum 2.0 will be rolled out in the upcoming year, but this project is already riddled with problems. Besides having to run a separate blockchain than “legacy” Ethereum, Ethereum 2.0 will not have the ability for atomic transactions and data retrieval will become more expensive. Ethereum 2.0 is still a work in progress. While their beacon chain and Proof of Stake capabilities will go live once Phase 0 is rolled out, smart contract execution will not
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