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Ethereum
Acquired
Is This the Next Internet?
The current financial landscape mirrors the potential of Web 3.0, where varying transaction needs for different services dictate the infrastructure used—similar to how banks operate with limited communication bandwidth, yet vast credit card transactions occur simultaneously. Web 3.0 is poised to create a paradigm shift, much like the internet did, potentially generating trillions of dollars in economic activity, with Ethereum as the foundational layer. However, the transition to a more scalable infrastructure carries significant risks; if Ethereum fails to execute its technical upgrades or fails to maintain its community's support, it could lose its competitive edge and disrupt existing systems. Additionally, while Ethereum's composability offers significant advantages through interconnected smart contracts, the shift to sharding could hinder this interactivity, creating potential vulnerabilities. Competing protocols with single-shard efficiency may pose threats to Ethereum's dominance, highlighting the need for robust advancement to secure its position in this evolving ecosystem.
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