The Ethereum roadmap is under sustained criticism from all sides, with the network being challenged by Bitcoin as "ultra-sound money" and outpaced by faster and cheaper transactions on Solana.

Fee revenue for Ethereum's 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, making ETH slightly inflationary again.

However, key figures in the Ethereum ecosystem believe that with a few course corrections to its roadmap, Ethereum can achieve 10 million transactions per second (TPS) within the next 10 years, enough for the whole world, and potentially see a multitrillion-dollar market cap.

The proposed solution involves addressing the siloed nature of Ethereum's layer 2 solutions, where each has a financial incentive to maximize its own revenue at the expense of the layer 1.

If Ethereum can implement this change, it could be a "winner takes all" scenario, according to Ethereum Foundation researcher Justin Drake, who believes the network can become the dominant force in the cryptocurrency ecosystem.

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

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