Post
Topic
Board Altcoin Discussion
Re: Ethereum Blockchain Development, A plus or minus To The Cryptocurrency Space
by
takngantuk
on 08/05/2022, 15:47:05 UTC
This question has got me thinking of the possibility we could have been enjoying if there is nothing like the Ethereum blockchain that gave possibilities to the development of all the other chains in the crypto space today, I know one of the advantages of the ethereum blockchain is the fact that it gives room for scalability and possibilities of getting services that the Bitcoin blockchain may lack. But another setback is the adoption level since the ethereum blockchain gave birth to several cryptocurrencies it makes it hard for mainstream recognition of a single crypto coin which was the original intention of bitcoin.

but in fact because of the ethereum blockchain the adoption rate is increasing rapidly. etherum offers scalability and the token creation process is very easy. This is what makes crypto grow very rapidly. many crypto projects were born and developed because of ethereum. indeed we have to admit, the layer1 blockchain network has a negative impact, especially in the case of scammers. a lot of shit projects are released because it's too easy to create tokens in the crypto space. but we have to admit also adoption is increasing because of the many projects like ethereum.