What was the early sentiment around ETH like? What complications did it have early on and how has it grown from those? What do you or don’t you like about the current state of ETH?
Thanks!
What was the early sentiment around ETH like? What complications did it have early on and how has it grown from those? What do you or don’t you like about the current state of ETH?
Thanks!
There was a massive amount of despondancy, then excitement as tech built out and then a plateu of emotions and then it all came crashing down.
These days I am out of eth, I feel that its become too centralized and regulated and that the promise of sharding came and went. its not vaporware, but its not delivering on what it should be.
On the other hands, there are otherprojects like INJ and avax that are making the deliverables. This last week, I got a taste of some of the old 2016 fomo feels, and it felt amazing. But more importantly they delivered on subnets and avax is what eth should have been.
Now as far as price action? Who tf knows. Eth has too much of an entrenched ecosystem. But in terms of cost per transactions, as well as scaling, swapping between subnets (shards) integration with dapps and just all around a good experience, eth is just not living up to its competitors. Eth will probably outperform avax in price for a long time, just from its incumbent position. But the tech has moved on. Eth is a zombie walking now. A big zombie to be sure, and one that may never be dethroned, but a zombie nevertheless.