Ethereum Founder Vitalik Buterin Reveals The Challenges Of The Network

Ethereum Founder Vitalik Buterin Reveals The Challenges Of The Network
The Ethereum blockchain is notable for its smart contract functionality and various other things. However, many might not be conversant with the challenges the network encounters. In a recent interview, Ethereum’s founder, Vitalik Buterin, revealed the biggest of them all. Ethereum’s Biggest Challenge Speaking with CNBC, Buterin mentioned that the biggest challenge that the “Ethereum ecosystem” faces is ensuring that it builds products that provide value to its users. According to him, the last decade was test-running, but now Ethereum needs to provide utility.   Ethereum is known to host some of the biggest decentralized applications (dApps), including prominent decentralized exchanges (DEXs) like Uniswap, Curve Finance, and Sushiswap. The network has also grown massively to the extent that several Ethereum layer-2 networks have sprung up in a bid to scale the network. Related Reading: Bitwise Withdraws Application, A Big Blow To Ethereum ETFs? Despite this, it seems that Buterin believes that there is more to be done, even as Ethereum has asserted itself as the go-to network for dApps and other decentralized solutions. Meanwhile, ETH, its n ..

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