Ethereum's Response to Challenges and Reshaping the Landscape

In Ethereum's first cycle, the biggest problem it faced was scalability. At that time, even the simple 'CryptoKitties' could cause Ethereum's fees to skyrocket and become congested. Not to mention the later ICO and DeFi era.

During that cycle, the market gradually reached a consensus: Ethereum's block space was too expensive, and scalability had to be achieved while maintaining decentralization and security, along with high performance and low fees. Ethereum attempted various solutions, including the plasma model, which was initially emphasized by Vitalik but gradually faded away, ultimately leading to the emergence of Rollup-centric L2 scaling solutions that finally brought scalability solutions to fruition.

However, new problems arose, with the fragmentation of liquidity on L2 chains, resulting in the entire Ethereum ecosystem being unable to form a cohesive force, with internal ecosystems hindering each other. Meanwhile, this also provided a historic window of opportunity for high-performance public chains like Solana.

Currently, the biggest issue in the Ethereum ecosystem lies in the disconnection between the L2 ecosystem and liquidity. This will face a similar main contradiction as in the previous cycle. Moving forward, especially in 2025, Ethereum's primary task will be to address the issue of ecosystem fragmentation.

At present, whether it is based rollups or ERC-7683, etc., attempts are being made to propose solutions towards a more cohesive Ethereum ecosystem.

Once this problem is resolved in the future, the synergy of the Ethereum ecosystem will be reformed, creating a black hole effect and reshaping the market landscape. #BTC上攻11万？ #加密市场调整 #FlokiETP流动性提案通过 #FlokiETP流动性提案通过 #币安Alpha公布第8批项目