PayPal Exec Ditches Ethereum for Payments, Here’s Why

One of Ethereum’s biggest problems is scalability, which becomes apparent in high-traffic conditions. Fernandez pointed out that the required network should be able to handle at least 1000 transactions per second, which Ethereum failed to achieve. Solana had the features that PayPal required in terms of speed and the ability to integrate efficiently into an […] source: https://www.thecoinrepublic.com/2024/09/21/paypal-exec-ditches-ethereum-for-payments-heres-why/