Ethereum may be one of the most popular blockchains in the world, but it’s far from the only one. EtherLite is a recently launched Ethereum fork that attempts to address some of the issues affecting mainnet performance, such as Slow and expensive transactions. ETL is the newest native blockchain token, and the price has yet to catch up as it has depreciated by 30% in value in the past 30 days. Meanwhile, the price of Ether, the native cryptocurrency of the Ethereum network, is currently a significant physiological milestone for the second largest cryptocurrency, despite the current 5 leanings.
Blockchain Bridge
In a recent Bitcoin.com podcast, EtherLite head of communications, Jean Auditor, discussed the project’s roadmap. She said that EtherLite is “not trying to kill off other blockchains” and instead is interested in offering “alternative blockchains.”
The way that the EtherLite team sees it, more blockchains translates to less congestion on these networks. Besides, users tend to have biases toward their favorite blockchain anyway, Auditor said. She added that EtherLite will be able to bridge to more blockchains, making it easier for their users to use ETL on multiple blockchains.
