Why I’m Giving Up on Ethereum (ETH)
I’m stepping away from Ethereum for several reasons:
1. High transaction fees, which make using the network unprofitable for smaller users.
2. Lack of scalability, with limited transactions per second and frequent congestion.
3. Better alternatives like Toncoin and XRP, which offer lower costs and faster speeds.
4. Centralization in Proof of Stake, where large entities control the network, unlike more decentralized projects like Cardano or Polkadot.
5. Regulatory challenges, which pose additional risks.
6. Slow development, as competitors roll out innovations much faster.
I believe better options might include projects like Toncoin, XRP, or Avalanche. However, this is not investment advice. I don’t have a crystal ball, and I don’t want to misguide anyone – always make your own decisions based on thorough research.