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Hyphen’s testnet between Ethereum and Polygon has been launched and already has various partners working on integrating it on their dApps.
Over the last couple of months, protocols and decentralized apps such as Sushiswap, Aave, Curve, etc. have migrated to various scaling solutions. As much as none of them plan to leave the Ethereum base layer altogether, they are left with no choice but to find immediate scalability. The excessive gas fees have made DeFi and Web3.0 inaccessible to a large number of people, this counters the mantra ‘banking the unbanked’.
The limitation of the Ethereum base layer is evident, it can’t all alone solve the scaling and congestion problem. Sharding will surely minimize the rate of congestion but only for some time. Soon enough, the Ethereum base layer will return to the congested state due to the exponential increase in demand. This leaves us in a dilemma; on one side of the coin, we want mass adoption and on the other side, we can’t manage the mass adoption when it eventually comes.