'Ethereum Has Massive Problems': Justin Bons Sounds Alarm

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'Ethereum Has Massive Problems': Justin Bons Sounds Alarm
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Reliance of Ethereum on Layer-2 scaling solutions causing chaos, warns leading crypto expert

is handling scaling right now. In a recent social media rant, Bons argues that focusing on Layer 2 scaling solutions like Arbitrum has led to fragmentation, which is bad for the user experience and divides social capital.Developers are now more focused on pursuing L2 grant programs than on attracting users, which has shifted priorities, he believes.

The real solution is in the scaling of Ethereum L1, but leadership of the blockchain has been reluctant to adopt it, says Bons. He points out that moving toward this direction could have a big impact on equity and token prices of sidechains, since these depend on Ethereum not scaling at the base layer.

He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.MEET48 is about to Launch the First No-Click Idol Training & Management Game on TON, Coin Idols, Closely Integrated with its Idol Culture

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