Is ethereum in trouble? no. Why does everyone say otherwise?

The current media attack on Ethereum is similar to the power of the people previously present to Bitcoin – where the media later “Apologize(Read:: Make fun of) For their misleading novels. But let’s put two and two together.

What happens in the encryption market?

Ethereum has many of the so -called “killers”, although most of them resemble self -destructive projects:

• Solana – He earns a lot of money and rapidly runs (with cross lunch breaks), but it mainly builds its commercial brand through themes.
• You see – Cancer to USDT, which treats enormous sizes, but does nothing else; until “cheapTransactions now require either locking hundreds of dollars or paying a much higher fee.
• Liquid Fast and effective Blockchain collection, which often liquidity of the Ecology system Evm. However, it remains a fully unidentified project but it is not really uncomfortable with a limited benefit.
• I am free – from closeThat has been centered on artificial intelligence, to DydxThat migrated away from the ethereum ecosystem to king Infrastructure.

At first glance, Ethereum mode seems comfortable, if not sincere Disturb. But I do not see it in this way. Here are some major points – not for persuasion, but to participate.

Triple

According to this concept, you must choose one of the three:

• Decentralization
• protection
• Expansion

Most of them chose Expansion Promotion protectionAnd I have completely forgotten Decentralization. Solana is absolutely unscathed, while the liquid height is not centralized with words.

As for the really decentralized systems that do not face concerns related to the main expansion, there are only two today:

Ethereum lost an important part of her fans after mining stopped selfish. However, this step also led to the explosion of competition, where most Blockchains now operate Points of sale And its changes.

However, Ethereum still gives decentralized priority. Is this important? I think it is. Below are some of the main arguments:

• If decentralization is not very important As Hamas is called the encryption, there is no real need for web 3.0. The web will be 2.5 sufficient, but it will repeat previous failures like FTX, Terra (Luna/UST), 3ac, Celsius, etc.
• Decentralization is security. Many believe that full transparency weakens security, but the opposite is true – it is it In reality This is enhanced by ensuring verification of everything.
• Capital efficiency improves with decentralization. The MEV market has evolved within Ethereum, not Bitcoin (where there is selfish mining) or Solana (which lacks MEMPOOL and depends on a central but high -speed solution).

You may not agree to these arguments. This is fair – your opinion is important. However, I believe a firm belief that decentralization, openness and non -disclosure of its identity constitutes the Blockchains and Dags (where decentralization is replaced by distribution). Meanwhile, DLTS, such as LEDGER XRP or CBDCS, works differently and does not necessarily require full decentralization.

Moreover, decentralization can address regular failures that nourish every financial crisis-whether 1903, 1907, 1929, or 2008. Only cross-liquid markets with a good round provides real transparency and interviewer. Central markets will always deceive, show classifications, reviews, reviews, harassment, and uninterrupted reports independently.

Finally, unlike many projects, Ethereum has not been developed by one team, as many assume. Consnsys is not the Ethereum Foundation, as the Vitalik itself has recently explained. This is just one example.

Ethereum – Laboratory of everything

Yes exactly.

NFTS, like “colored coins”, appeared for the first time in Bitcoin, but even the ERC-721 standard was presented in 2018, there was no real NFTS. Look at the distinctive code criteria in Solana or Aptos – they change them like gloves, and even after years, they remain incomplete. And in Bitcoin? No BRC-20 rings any bells?

The same memes that Solana is also proud of Bitcoin (to become a minute: Litecoin (scrypt) → Doge). But Dogecoin was so strange that Elon Musk, while Ethereum turned the memes into more than just a narration-made them a complete direction.

You may not know, or maybe forgot, but: Defi, RWA, NFT 2.0, ZK-Rollups, and many other innovations-that grew up in Ethereum as collective market products, or more importantly, were made in the prevailing in Ethereum.

Now, what are the leading innovations by TON, Solana, Aptos or even Bitcoin that have been presented since 2017-2018? L2 scaling or relaxation? These are on bitcoin, and even Solana tried it, but it was all built through Ethereum. By the way, the nearby pieces that are initially used to compete with Solana? This is now an L2 approach. Bitcoin has lightning, but is it possible to compare the expression, optimism, or ZK-Lollups? i don’t think so. And let’s not forget ZK-evm, which is a completely different level. Then there is Sidechains, another development-OOBBNB, ZK-evm Polygon, and more.

In short, decentralization – as we mentioned earlier – raises a unique stadium for experimentation, something that another society cannot match. In realityThere is no other system that has such a society. Why do people feel prepared for mechanics trading, future and other financial tricks? Don’t understand me wrong – I also take advantage of derivatives and Defi, but at the same time, I can dive into dark forest theory, points, and advanced roll to an endless complexity.

And in Solana? I can admire quick transactions. And in you see? I can be surprised by the “Energy” model and almost all of them EVM–Compatibility.

Crossing liquidity

This is an unique thing for EVM that no one else had. Currently, the systems that combine Solana, Ethereum, Bitcoin and Ethereum styles began to appear. But here is a list of EVM projects:

• Moon beam – EVM for Polkadot;
• Aurora – EVM for proximity;
• neon – EVM for Solana;
• Evmos – EVM for the universe;
• Collapse -Its nature is based on EVM;
• Machata, Bachelor (BNB Series) – Evm Sidechains;
• Linya
• And many others.

Add Lisk, Sonic, The Superchain Family, Irrivist, ZKsync, Scroll, StarknetAnd more than dozens, and you will see that things are not bad as they look.

Of course, everything changes. But in favor of whom? Everyone will suddenly turn into Liquid Or an industrial product from Dydx? Or will it be Solana and BitcoinThe first gets the noise and the second attracts miners and VCS?

In my opinion, those who think this has missed another … 10 years? They do not realize that liquidity across the series was the dream of every Blockchain expert. Its construction from 2015 to 2025 was not an easy task, and many of them are still incomplete.

look at me Polkadot & Cosmos Approaches: both are great systems (both of whom were icos on ethereum), but they ended them up with the imprisonment of umbrellas and centers, which creates non -central liquidity but fragmented.

Solana looks impressive, but how is it better than that mainly The liquid height, near, Khwarzaf, Or other fast solutions and “neutrality of carbon”?

conclusion

Ethereum was defeated once Bitshaares family (graphics)Including EOS, STEEM, and others. He won because he carried out the development through Smart contractsAnd not solid patterns, and the miners and society workers successfully attracted.

Certainly, the developers of hardness may become outdated, just like EVM liquidity across the series You may fade, and Vittalek It can be wrong, just like the rest of us.

But why do we assume that the competition has ended and that the market is permanently divided?

Neither you nor any reason to believe:

• There is a lot of high -speed BlockchainsBut each of them is central in their own way, and this means that he is competing with each other instead of Ethereum.
• Ethereum L2S are not competitors on ethereum Because it is present thanks to it. As long as they remain connected, the system works – but if they try to separate, it will not end well for them. Look at Dydx: Do they rise In reality Win the noise race? I do not see it. For this reason Unichain is L2, but on Ethereum.
• Bitcoin and ethereum They are really decentralized projects, and even VCS understands their value – however, may not. But this does not mean decentralization has lost its importance; This only means that not everyone understands it. Not knowing quantum mechanics does not mean that you can manufacture processors without calculating quantum effects.

Currently, only Ethereum has multi-series liquidity on the necessary scale, and repetition of it even in 2-3 years will not be easy. In addition, the bear market in the foreground (we hope after 2026, but we will see). When this happens, all low -liquidity Mimi projects will be disrupted, then what?

And yes, you can criticize Ethereum everything you want, but for some reason, no one wants to take his role as an innovation laboratory. Our truly He built everything we wanted? i don’t think so.

Simply put, I can argue with numbers or facts, and the facts tell me that the media launched an attack on Ethereum while “forget” the points of strength comfortably.

I have seen this before. More than once.

Do you have?