Quote from: khiholangkang on April 14, 2025, 05:13:00 PM

Quote from: Kavelj22 on April 14, 2025, 04:19:14 PM

Quote from: WatChe on April 14, 2025, 03:51:53 AM

Quote from: Kavelj22 on April 13, 2025, 11:51:36 PM

Ethereum is going through a deep crisis. I still believe it's the most dangerous it's ever been, and there's a significant risk it could lose a significant portion of its value.

What I've noticed when I've talked about Ethereum a few times recently is that there isn't as much engagement in the discussions as there was when Ethereum was in a better position.

Switching to PoS didn't brought any good for Ethereum price. Ethereum was also not able to perform well during the recent bitcoin bull run where bitcoin crossed 100k. Ethereum also had a crisis leadership in ethereum as warned by ex engineer of Ethereum. If you are investing in Alts then you must be aware of such cons associated with them. Ethereum is looking not much attractive these days for investment.

https://www.binance.com/en-NG/square/post/21570097361689

It’s worth mentioning that Ethereum has lost a significant portion of its user base due to these crises. This has created an opportunity for other networks to attract users, as Ethereum struggles with instability and recurring issues.

In many of my previous posts about Ethereum, I’ve highlighted centralization as its core problem. Mr. Vitalik still believes in his ability to lead the project much like Mr. Musk, but he may have overlooked just how competitive this market has become.

That's because Vitalik Buterin is close to a woman, it is rumored that a man if he is close to a woman or unmarried he will not focus on what they should do for the development of their business, and this happened to the genius maybe, we often see memes about Vitalik on X about why Ethereum is experiencing a bad leadership crisis and their price development is down, also with several L2 projects that are also carried away, now developers are building more on the Solana network than ethereum or on other networks as a better means in terms of network facilities for their projects.

No matter what's the cause for the lack of leadership, but it proves that the last few years' steps towards centralization did not do the user base any good. If there is any interest left in keeping the technology alive, it's likely important to decentralize quickly. Restoring PoW would be a first step.