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Ethereum faces widespread perception as a network in crisis. It was characterized as a platform plagued by the shocks of the administration of public affairs, fragmentation of the community and high gas charges. In addition, Ethereum receives a lot of criticism for his slow performance, which lags behind the institutional attraction of bitcoin and speculative excitement of Solana.
This story lacks the central purpose and strategy of Ethereum. Both are powered by intentional decentralized innovations that are now beginning to pay off.
“Crisis Identity Ethereum”
Ethereum chose a more difficult, but ultimately a more sustainable way. This is based on the fact that it has maintained functional management, allowing continuing technical progress. It also maintains credible decentralization and creates competitive advantages that neither net stability nor net speed cannot be replicated. This will be built by Ethereum as the only blockchain capable of long -term sustainable innovations.
Concerns about the “Crisis of Identity” Ethereum reflect a fundamental misunderstanding of what makes blockchain technology valuable primarily. When critics focus on short -term metrics such as transactions and processing speeds, they forget the revolutionary potential of truly decentralized computing platforms.
Ethereum challenges are increasing pain of building something unprecedented: a global computer without a permission that no single entity can control or turn off. High gas charges show the actual demand for blocking space on the safest and decentralized intelligent contractual platform in the world.
Discussion on the management of public affairs that appear as “shocks” for foreigners represent healthy democratic processes that other chains avoid maintaining centralized control, or by effective disabling all changes and improvement. This nuance reality is lost in stories that prefer simplicity over the essence.
Bitcoin’s Pet Rock Problem
Although Bitcoin was criticized as a digital “pet rock”, he received a widespread respect as the first cryptocurrency to see legitimacy outside this industry. “Bitcoin-Maxis” even points to the inertia of the chain as a critical principle of bitcoins. Since the string rarely updates, with the exception of predictable halving, Bitcoin can remain “digital gold”. However, this simplicity is a ceiling, not a force.
Bitcoin ossified; Initially slow innovation, improvements are now effectively impossible.
“Bitcoin-Maxis” would say that the ossification of the chain only strengthens the unchanging value of the asset. But the liquidity of bitcoins is weak; relies on perception and recent news To prove that the value of bitcoins is not its own certainty.
On the other hand, the Ethereum continues to evolve in 2022 through the main improvements, such as the transition from evidence on the basis of evidence, and the recent update of the Pecta. Unlike the Bitcoins, the Ethereum community continues to show that it is capable of meaningful technological innovations.
The key is the decentralization of the Ethereum
Many Ethereum critics point to impressive speed and low cost of other chains as examples of where Ethereum fails. These procedures are quickly achieved only by giving up meaningful decentralization.
Ethereum is a credibly neutral world computer with thousands of projects that innovate on it because of its ethos decentralization.
Some form of centralized lines may seem like a small price for a faster change, but decentralization depends in the same way as the seat belts. It is an inconvenience until it is necessary; Until the account is de-platformed, or the system does not use unpopular options due to centralized interests that do not comply with the values of its users.
History provides countless examples of centralized systems, which ultimately serve their controllers rather than their users – this is a common formula, it is practically a law. Traditional financial institutions routinely freeze accounts, deny services or impose arbitrary fees based on political or business considerations.
Decentralization is not a long -term goal; It is a basic need to build systems permanently without corruption.
Ethereum makes a heavier way
The Ethereum chose the most technically and socially the most difficult, but the right route: building a truly decentralized platform that serves its users’ needs. That’s hard to do, but it’s also the right thing, because it produces the best result in the long run.
This approach is slower than Solana and less obvious than Bitcoins, but it is the only way that brings both continuing innovations and the true sovereignty of the user.
It also begins to see the results. At the beginning of this month, Bernstein analysts published Research report The fact that “narrations around the value of public blockchains are at a critical infection point,” and “they have begun to reflect in the interest of investors in the influx of ETF”.
The price of Ethereum is definitely upwards. Ethereum ETFS has just finished its longest tributary lane of 2025, while Blackrock’s Etha Fund added $ 492 million in one week. Meanwhile have experienced bitcoin ETF $ 582 million in clean outflows in the same period.
Despite this positive dynamics, the Ethereum community has to deal with fewer success indicators such as price. As John Maynard Keynes warned perfectly: “The market can remain irrational longer than you can stay in the solvent.”
The Ethereum community must avoid distraction of price movements, drama of administration or competing stories, and unite around their joint mission: building trustlessly neutral infrastructure that serves the needs of humanity. The ability of Ethereum to innovate during the stay decentralized requires that developers, scientists, validators and users close noise and remain focusing on building. This path is harder, but it is the only one that leads to sustainable success.
