In a candid evaluation of the current state of Web3, Ethereum co-founder Vitalik Buterin laments the fading vision of a decentralized internet. Buterin emphasizes the stifling effect of rising crypto transaction fees on innovation and broad-based usage of cryptocurrency. He points out the shift towards centralized solutions and the dominance of high-stake players, expressing concern […]
Vitalik Buterin Reflects on Web3's Diminishing Vision Amidst Rising Transaction Fees
Bitcoin.com - 29 Dec 2023 23:30
In a candid evaluation of the current state of Web3, Ethereum co-founder Vitalik Buterin laments the fading vision of a decentralized internet. Buterin emphasizes the stifling effect of rising crypto transaction fees on innovation and broad-based usage of cryptocurrency. He points out the shift towards centralized solutions and the dominance of high-stake players, expressing concern […]
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