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Buterin said that scaling – making transactions faster and cheaper – will be the next issue that the blockchain tackles after Shanghai. “If we don’t fix scaling before the next bull run, we know people are going to be stuck paying $500 transactions. If, on the other hand, we don’t have Verkle Trees before the next bull run, well, things might might suck, but you know, it’s a much smaller problem than, you know, $500 transactions, right?”

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