Post
Topic
Board Altcoin Discussion
Re: Is Ethereum going to Die?
by
DrBeer
on 27/06/2021, 20:36:10 UTC
I am a long term supporter  of Ethereum and  know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.

Now Ethereum resembles a Colossus with feet of clay. On the one hand, it is essentially the founder of samart-projects. He has a great story, millions of fans and so on. On the other hand, there is an uncontrolled rise in the cost of gas for transactions, a slowdown in the network ... Well, and many other, small, but unpleasant "moments". How they will fix it - there is no clear picture yet. But the market needs change. And now Ethereum has become hostage to its popularity.