Is Ethereum losing to its own complexity?
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While Ethereum currently leads in smart contracts, how severely could its rising complexity affect its long-term adoption by everyday users, especially when compared to the ease of use offered by faster and cheaper platforms like Solana and Base? Could this complexity ultimately cost Ethereum its status as the primary blockchain?
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Ethereum's rising complexity, particularly regarding gas fees and scalability challenges before full upgrades, could hinder everyday user adoption, but Layer 2 solutions like Arbitrum and Optimism help. Solana and Base, on the other hand, provide speed and low fees.
Ethereum's strong network effects and developer ecosystem are significant advantages; prolonged complexity could indeed impact its long-term dominance as the primary blockchain if user experience remains a barrier. Its dominance could shrink, but it's unlikely to vanish entirely.