Hello and welcome to another article!

I was thinking earlier today about what ETH 2.0 will fix for the network. Having found out a few issues that ETH 2.0 has planned on fixing, it occured to me that most of those features are already on LRC.

But contrary to thinking that LRC and ETH will exist together after that update, I feel that ETH 2.0 may very well kill LRC.

Hear me out.

So LRC is the native token used to power the rather popular DEX, Loopring DEX.

Equally, loopring has built temporary solutions to the high gas problem by allowing you to transact your Ethereum transactions on another different layer which would drastically reduce fees.

Looking at this, ETH 2.0 solves the high gas problem.

It switches from a PoW system to a PoS system. While this means that we'll be able to stake ETH in the future, it also means much lower gas fees since miners won't be required anymore. (Not really though, staking is still a form of mining)

If ETH 2.0 solves the gas problem, it's bye bye loopring.

First, no one would have to use the Loopring process to send ETH for lesser fees.

Also, since Uniswap is a lot more famous than LRC DEX, with lower gas fees there seems to be no obvious use for Loopring  anymore.

I indulge you to leave your thoughts down below. I will answer all comments today.

Thanks for reading!