The Dark Side of Ethereum

 




For the last six years, Ethereum has dominated the smart contract landscape and has been arguably the only viable platform for launching decentralized applications (dApps) — due to its sizeable developer community and first-mover advantage.

But in the last year, Ethereum’s limitations have begun to show, leading to an exodus of sorts among its once fervent developer community. Here, we take a look at three of the main reasons why developers are migrating from Ethereum to alternative platforms.


The Fees Are A Major Barrier

If you’ve used Ethereum more than a few times recently, then you may be aware that it has been experiencing something of a gas price pandemic in the last few months.

As decentralized finance (DeFi) and stablecoin usage on the…


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