Could anyone help me understand what's the appeal of Ethereum nowadays. Sure, when it was launched, it was a truly innovative and game-changing project, but, unlike Bitcoin, its value lies mostly with its usage, so now, when we have other, similar projects that have the same (or better) functionality but are faster and much cheaper, what's the case for Ethereum? Do the devs have any major improvements in the roadmap to make it more competitive? Or is it all just based on brand value?
There isn't really an appeal. People just think there is because it's ethereum. To be honest, 99.999999999999999% of projects have no appeal, are vaporware, and don't bring anything new or better. Most of these end up rugging. Like ethereum, Bitcoin is dated. We have projects that do everything Bitcoin and Eth do but 1000x quicker, better, and easier. We have projects that do things that eth/btc don't do at all that are much more useful and feature rich. Eth was good for its time, it built on what bitcoin started and brought something new, but now there are projects building on that and doing bigger, better things. Eth is really an inferior product now.
I fully agree that many projects simply copy Ethereum or Bitcoin, offering no significant improvements or meaningful innovations. While Ethereum laid important groundwork, the crypto community now needs solutions that deliver genuine enhancements—particularly in speed, privacy, and scalability.
That’s exactly why we’re
building Privatus (PVS). Our goal is to take the best from existing technologies like Solana, Monero, Zcash, and Tornado Cash to create a blockchain that combines unmatched confidentiality with lightning-fast transaction speeds (up to 50,000 TPS), advanced privacy features, and cross-chain interoperability.
Ethereum was revolutionary for its time, but the crypto landscape has evolved. Privatus aims to be the next step forward.
Feel free to learn more:
https://privatus.pro