On February 25th, Anton Bukov, co-founder of the decentralized aggregation trading protocol 1inch Network, said in an interview with Cointelegraph that Ethereum is likely to become the main settlement layer of the multi-chain decentralized financial ecosystem. Might try to commit its state to Ethereum as a higher layer.
“To achieve this goal, Ethereum needs to solve the scalability problem that limits its transaction output.” Anton Bukov said that once the scalability problem is solved, Ethereum will have a good chance to replace Bitcoin as the largest cryptocurrency .