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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

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    OpenSea Dominates With 7.09k Sales as Azuki and Guild of Guardians Power NFT Market Momentum

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    Alchemy Pay and Xterio Partner to Enable NFT Purchases with Fiat and Cards

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    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Terminus Teams Up with Enterise to Revolutionize Web3 Film Payments

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    OpenSea Dominates With 7.09k Sales as Azuki and Guild of Guardians Power NFT Market Momentum

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    Alchemy Pay and Xterio Partner to Enable NFT Purchases with Fiat and Cards

    Fan3 Brings Real Fans Back to the Front Row with Avalanche-Powered Platform

    Fan3 Brings Real Fans Back to the Front Row with Avalanche-Powered Platform

    From ‘Not a Fan’ to Crypto President—With His Own Meme Coin

    From ‘Not a Fan’ to Crypto President—With His Own Meme Coin

    Courtyard Tops Sales, CryptoPunks Dominate High-Value Trades

    Courtyard Tops Sales, CryptoPunks Dominate High-Value Trades

    NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

    NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

    Matt Furie NFTs Crater 97% After Mint Exploit

    Matt Furie NFTs Crater 97% After Mint Exploit

    Rekt Is Reaching the Masses

    Rekt Is Reaching the Masses

  • Gaming
    Floki Forges Partnership with Method to Bring Valhalla to MMO Community

    Floki Forges Partnership with Method to Bring Valhalla to MMO Community

    Why ‘Eve Frontier’ Is Opening Up to Everyone With Free Trial Experience

    Why ‘Eve Frontier’ Is Opening Up to Everyone With Free Trial Experience

    Broken Bound Joins Forces with Adventure Layer to Reshape AI-Powered Onchain Gaming

    Broken Bound Joins Forces with Adventure Layer to Reshape AI-Powered Onchain Gaming

    Why Amazon’s NFT Experiment Failed

    Why Amazon’s NFT Experiment Failed

    GaFin And Decimated Collaborate to Start New Era of Web3 Gaming

    GaFin And Decimated Collaborate to Start New Era of Web3 Gaming

    The Lords of Light’ Is Shutting Down

    The Lords of Light’ Is Shutting Down

    NeoDashboard introduces strategy card game “War on Bugs”

    NeoDashboard introduces strategy card game “War on Bugs”

    How Rektguy Stayed Relevant After the NFT Hype Crash

    How Rektguy Stayed Relevant After the NFT Hype Crash

    Fan3 Redefines Fan Engagement Through Blockchain Ticketing, Powered by Avalanche

    Fan3 Redefines Fan Engagement Through Blockchain Ticketing, Powered by Avalanche

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

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    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

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    What Are Liquidity Pools? A Guide to DeFi Explained Simply

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    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

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    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home Ethereum

Solana vs Ethereum again: ‘Small blocker argument’ returns

April 18, 2024
in Ethereum
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Solana vs Ethereum again: ‘Small blocker argument’ returns
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Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’

Binance loses 300K ETH – Here’s what it means for bulls eyeing $2.7K

  • Ethereum’s disregard of L1s raises questions once again.
  • Layer 2 security concerns challenge Ethereum’s decentralization commitment.

Amidst the ongoing crypto bloodbath, Ethereum [ETH], the leading altcoin, mirrors Bitcoin’s [BTC] downward trajectory, with its daily and weekly charts awash in red.

While it records a modest 3% dip in one day, the past week has seen more significant losses, with double-digit declines exceeding 16%.

However, amidst these volatile swings, an unexpected question arises: Does Ethereum’s architecture hold the top spot?

Concerns surrounding ETH’s architecture? 

In a recent article, David Hoffman, co-owner at Bankless, highlighting the lasting impact of the Bitcoin block size wars on today’s crypto community said,

 “A lot of people’s arguments about how you should build crypto or what crypto should look like can be characterized as like a big blocker or a small blocker argument.”

Interestingly, outlining the modern-day scenario he added, 

“Solana is the big blocker and Ethereum is the small blocker.” 

This underscores the ongoing debate wherein Solana [SOL] advocates for L1 scalability, aiming for instant, free transactions. While Ethereum prioritizes L1 decentralization, emphasizing L2 scaling.

Furthermore, delving into the concept of block complexity, comparing blockchains with and without a virtual machine, Hoffman said, 

“All chains before Ethereum were missing this key element, and instead tried to add functionality as individual op-codes, rather than a fully expressive virtual machine.”

Additionally, reiterating the importance of finding a balance between scalability and decentralization, Vitalik Buterin, in his 2019 article noted, 

“Keep layer 1 simple, make up for it on layer 2″ is NOT a universal answer to blockchain scalability and functionality problems.” 

Buterin said this because this approach fails to consider that L1 blockchains themselves must have a sufficient level of scalability and functionality for this ‘building on top’ to be possible”. 

See also  Is Ethereum responsible for the delay in altcoin season?

What’s more to it?

Needless to say, this has resulted in ETH becoming less affordable for individual users but more suitable for entities like chains, exchanges, and funds. 

Remarking on the same, @RyanSAdams highlighted, 

“’Ethereum is too expensive’ is a really bad take.” 

Additionally, comparing Ethereum L2 solutions with the Cosmos chains, Sam Hart noted, 

“Cosmos isn’t a technology or an ecosystem, it’s the choice to build a sovereign application that seeks to interoperate with others.” 

In fact, recent allegations of top Layer 2 solutions potentially mishandling user funds have raised doubts about Ethereum’s commitment to decentralization, echoing concerns voiced by Justin Bons, 

“ETH gives decentralization lip service, but actions speak louder than words.” 

All this brings forth a question: Does Ethereum’s architecture need a revamp?

Next: Bitcoin halving 2024: How 27,000 BTC are prepping for the big day

Tags: ArgumentblockerEthereumReturnsSmallSolana

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Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024

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Thailand seizes 996 Bitcoin miners after busting local operation stealing electricity

Thailand seizes 996 Bitcoin miners after busting local operation stealing electricity

January 10, 2025
3 Major Metrics To Watch Out For That Can Impact Ethereum Prices

3 Major Metrics To Watch Out For That Can Impact Ethereum Prices

April 22, 2024
Bitcoin dominance struggles at 58%: Good news for altcoins?

Bitcoin dominance struggles at 58%: Good news for altcoins?

October 1, 2024

Why Are Crypto Billionaires Dying? The Dark Side of the Crypto Market

July 19, 2024

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