Ethereum has not killed itself. It's a highly secure PoW chain. Transactions on a chain like that are costly. What do people expect? Those with less to lose can use other chains. Everybody wins.
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Ethereum has not killed itself. It's a highly secure PoW chain. Transactions on a chain like that are costly. What do people expect? Those with less to lose can use other chains. Everybody wins.
"The Internet of Money should not cost 5 cents per transaction. It's kind of absurd." - Vitalik Buterin
Ethereum is not for buying coffee. It's for DeFi users with very deep pockets.
Remember the blockchain trilemma where you only get to pick two out of the three: security, decentralization, scalability.
Ethereum is secure and decentralized. Hence, it will not scale well. Bitcoin has the same properties.
Yep, they strayed from what they intended to do. They've lost their way.
I think Ethereum has been successful beyond Vitalik's wildest dreams.
This is perfectly fine. No chain has to take on the massive growth in users alone. The proliferation of different chains and protocols will solve the scalability problem. Interoperability is already quite satisfactory.