Wu Blockchain (@WuBlockchain): Ethereum's Internal Struggles and External Challenges By @tmel0211
Estimated coin impact
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- ETH-20Negative
Ethereum's Internal Struggles and External Challenges By @tmel0211 The article discusses the fragmentation within Ethereum community, the rise of MEME culture, and the slow progress of technical innovations despite a strong Devcon presence. It critiques Ethereum’s reliance on orthodoxy and Vitalik’s vision, while acknowledging emerging innovations like zkVM, chain abstraction, and PayFi that challenge Ethereum’s dominance. Externally, Ethereum faces competition from alternative solutions but remains in a “delivery phase,” prioritizing stability over rapid adaptation. Read more wublock.substack.com/p/ethereums-in…