Ethereum’s scaling issue is not a new topic of discussion in the crypto realm; this pioneering smart contract blockchain is notorious for high gas fees due to its limited throughput during periods of high activity.
One of the main reasons behind the limited scalability is the sequential nature of Ethereum’s runtime environment, the Ethereum Virtual Machine (EVM). To provide some more context, the EVM is designed to operate as a Turing-complete virtual machine, enabling the secure execution of smart contracts on the Ethereum blockchain.
While this runtime environment has been efficient and reliable, it processes transactions sequentially. This means that smart contract executions on the Ethereum blockchain are processed one after the other, hence taking longer, especially during high-volume activity.
In the long run, Ethereum users have to bear with longer waiting times and higher gas costs, as was the case when CryptoKitties first clogged the Ethereum network in 2017,
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