According to U.Today, a heated debate about Ethereum's utility and performance erupted on X, where a user criticized the blockchain platform as slow, inefficient, costly, and only useful for memes and specific cryptocurrencies. The criticism was directed at Ethereum's co-founder, Vitalik Buterin. In response, Buterin robustly defended Ethereum, countering the claims with specific facts. He pointed out that both Layer 1 (L1) and Layer 2 (L2) solutions confirm transactions within seconds, with L2 transactions costing less than $0.01, addressing concerns about high transaction fees. Buterin also highlighted the achievements of successful projects within the Ethereum ecosystem, such as Farcaster, Lens, and Polymarket, which have demonstrated significant progress and utility. Additionally, he emphasized advancements in zero-knowledge (ZK) technology, including ZK voting and ZK ID, which showcase Ethereum's innovative capabilities and potential to enhance security and privacy. However, the user's criticism extended beyond technical performance, arguing that while some individuals have amassed fortunes, the industry has primarily developed blockchain solutions for non-existent real-world problems. The user acknowledged Polymarket's legitimacy but expressed doubts about the overall applicability of blockchain technology. Buterin's defense was grounded in the tangible developments and applications being built on the Ethereum network. He aimed to dispel the notion that Ethereum is a slow and expensive platform by highlighting the rapid transaction confirmations and low costs of L2 solutions. The mention of successful protocols like Farcaster and Lens served to underscore Ethereum's practical applications and ongoing contributions to the decentralized network. This debate underscores the ongoing discussion about Ethereum's utility and scalability.