The Ethereum roadmap is under sustained criticism, with the blockchain being beaten by Bitcoin as "ultra-sound money" and outdone by faster and cheaper transactions by Solana. Fee revenue for the layer 1 has "collapsed" by 99% in the past six months as "extractive L2s" steal all the users, transactions and fee revenue while paying virtually nothing to the base layer.

This has made ETH slightly inflationary again, with its price sliding. The L2s are siloed from one another, and each has a financial incentive to maximize its own revenue at the expense of ETH. Base charged users $2.5 million in fees last month and gave just $11,100 back to the L1. OP mainnet is reportedly raking in $321.31 for every $1 it funnels back to Ethereum.

However, key figures in the Ethereum ecosystem believe that despite some challenges, the Ethereum roadmap is still on track. Ethereum Foundation researcher Justin Drake says that if Ethereum can make a few course corrections to its roadmap, it'll be a case of "winner takes all" and that the network can get to 10 million transactions per second (TPS) within the next 10 years, which would be enough for the whole world.

This proposed change could lead to a multitrillion-dollar market cap for Ethereum, according to Drake, who claims that 10 million TPS would equate to 100 transactions per day, per human.

Source: https://cointelegraph.com/magazine/simple-change-save-ethereum-roadmap-to-hell/

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