In 2.0, Ethereum adopted a proof-of-stake algorithm. The speed of transaction processing is still slow, and the gas fees are quite high. Decentralized finance couldn't take off because of the high transaction fees. For example, if you want to transfer $1 worth of value, you might end up paying more than that for the transaction fee.
In 2.0, Ethereum adopted a proof-of-stake algorithm. The speed of transaction processing is still slow, and the gas fees are quite high. Decentralized finance couldn't take off because of the high transaction fees. For example, if you want to transfer $1 worth of value, you might end up paying more than that for the transaction fee.