For some months now, there have been many doubts about the “stability” of the Ethereum blockchain.
It is not about doubts related to the technical functioning of this blockchain, which shows no signs of having problems from this point of view, but related to the actual use by the users.
Ethereum in fact was not created as a financial asset, like Bitcoin, but as a network of computers that executes smart contracts in a decentralized, trustless, and uncensorable manner. Its goal has always been to provide a service to users, rather than to provide a financial asset.
In the Ethereum white paper in 2014 Vitalik Buterin wrote:
“What Ethereum intends to provide is a blockchain with a fully integrated Turing-complete programming language that can be used to create “contracts” which can be used to encode arbitrary state transition functions, allowing users to create any of the systems described above, as well as many others that we have not yet imagined, simply b
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