QuarkChain & EthStorage founder Qi Zhou: The performance limitations of EVM and limited storage space are becoming the main reasons restricting the development of Web3

2024-11-11 11:35:25

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ChainCatcher news, during the "DeInsight 2024" annual summit held in Bangkok at Devcon, QuarkChain & EthStorage founder Qi Zhou delivered a speech themed "Building the World's Supercomputer for the Future of Web3."

Qi Zhou shared that Ethereum is moving towards a scalability roadmap centered on rollups, characterized by: off-chain computation and on-chain verification; the introduction of DA (EIP-4844) significantly reduces L2 Tx costs; the absence of large-scale Web3 applications is mainly due to high entry costs, EVM performance limitations, limited storage space, centralized frontends, and high L1 verification costs.

For more content from the conference, please check the following links:

Video live link: https://www.youtube.com/live/tTVcUPumPys
Image live link: https://www.pailixiang.com/album_ia7637038926.htmW

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QuarkChain EthStorage Web3 Ethereum

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