1
DeFi fell short, had high transaction costs and time, and again kept poor people out of the loop.
2
Ethereum stumbles and high transaction costs are still a challenge.
3
With brand leaders like Vitalik Buterin, the strong Ethereum name remains an important asset.
Decentralized finance (DeFi) represented the evolution of cryptocurrency into a cheaper alternative to traditional banking. It promised transactions with nearly zero costs. The aim was to drastically reduce the cost of financial transactions, especially for populations that are unbanked or financially underprivileged.
Drawbacks of the Ethereum Blockchain
Contrary to the initial vision, using cryptocurrencies has become expensive. It is primarily accessible to the affluent, not the economically challenged. The transaction fees on major blockchains like Ethereum can be quite high, which makes it very impractical for small transactions.
A transfer of ETH halfway around the world o
We współpracy z: https://www.thecoinrepublic.com/2023/12/23/ethereum-blockchain-in-comparison-with-other-blockchains/
