Let’s ruffle some feathers! We dive into fundamental analysis for Ethereum, because many people seemingly are starting to give up on it. Yes, ETH has high fees, but why? We talk about the blockchain trilemma: How can we have decentralization, security, and scalability all at once? Many chains that “solve” Ethereum’s high fees are sacrificing some level of decentralization. For instance, the Binance Smart Chain is literally a clone of Ethereum with higher gas limits; ergo, Ethereum has the technology to reduce the fees, but the miners choose not to do it. In this video we dive into all the reasoning behind why, and discuss the potential future direction for Ethereum and how it plans to solve these issues.
Corrections:
At 08:00 I meant to say “the network would become less decentralized”
BCH apparently now has a block size of 32MB. It started with a block size of 8MB.
This was done in collaboration with @sudokuq on Telegram. Go check out their blog here:
@sudokuq is very involved in the space and you can find them in the telegram channel:
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Disclaimer: The information presented within this video is NOT financial advice.
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