Crypto Analyst

Edward Wu

Ventured into the Crypto Jungle in 2020 and survived the 2022/2023 crypto winter. 

Living through one full cycle has equipped me with a profound understanding of the crypto markets.

Focused on Bitcoin, Ethereum, and their ecosystems, also convinced DeFi and RWAs will revolutionize finance. Ocassionally dabble in memecoins, enjoying their community-driven vibrance.

Crypto

<ul>
<li>ETH is used for gas payment (transaction cost), part of gas payment is burned. When amount of ETH burned exceeds the amount of new issuance, ETH becomes a deflationary asset.</li>
<li>Sharding is the next big update for Ethereum. With sharding, network throughput will increase from current 15 transactions/second to potential 100,000 tps.</li>
<li>Long-Term roadmap of Ethereum: Merge (completed), Surge (sharding is expected on 2H 2023), Verge, Purge, and Splurge.</li>
</ul>


ETH is used for gas payment (transaction cost), part of gas payment is burned. When amount of ETH burned exceeds the amount of new issuance, ETH becomes a deflationary asset.
Sharding is the next big update for Ethereum. With sharding, network throughput will increase from current 15 transactions/second to potential 100,000 tps.
Long-Term roadmap of Ethereum: Merge (completed), Surge (sharding is expected on 2H 2023), Verge, Purge, and Splurge.


The Future of Ethereum: A Deflationary ETH, Sharding, and the Roadmap