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Dankrad Feist, a researcher at the Ethereum Foundation (EF), believes that Ethereum will become irrelevant in five or ten years from now if its current trajectory does not change.
Earlier this month, Feist introduced Ethereum Improvement Proposal 7938, which aims to increase the gas limit by 100x over the course of four years. This would make it possible to conduct a much bigger number of transactions per block.
Feist has admitted that the proposal is “unconvetional,” but he argues that such unrhotdox decision are needed since the layer-1 chain is at risk of fading into irrelevancy.
The researcher is part of the camp that wants Ethereum to become the center of economic activity within the ecosystem.
If liquidity gets fragmented across L2s, Ethereum will likely ends up losing to other competing ecosystems, Feist says.
Feist is convinced that Ethereum will be able to scale without compromising its crucial properties (censorship resistance and verfifiability).
As reported by U.Today, Cardano founder Charles Hoskinson argued that Ethereum would not be able to survive in ten years from now due to “parasitic” layer-2 solutions. Hoskinson predicted that Ethereum would face the fate of Blackberry, the leading smartphone manufacturer that lost its crown to Apple and went extinct.
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