“Is This Time Different for Ethereum?” A Closer Look at Its Current Landscape and Challenges

“Ethereum is dead”.

This is a pervasive argument that has recently appeared in various communities and media. In fact, Vitalik himself used this sentence to analyze the various difficulties experienced by Ethereum at the previous Wanxiang Blockchain Conference. The audience understood that Vitalik was being self-deprecating — perhaps even playfully mocking the persistent FUD surrounding Ethereum. But what’s different this time is that many people are starting to believe that Ethereum may be past its prime.