Ethereum Founder Vitalik Buterin Reveals The Challenges Of The Network | Headlines | News | CoinMarketCap
09/25/2023 14:41
The Ethereum blockchain is notable for its smart contract functionality and various other things. However, many might not be conversant with the …
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 …