Can Ethereum maintain its core position? Researcher proposes 100x expansion strategy!!!
"If nothing changes, Ethereum will become irrelevant in 5-10 years." — This is the latest warning from Ethereum Foundation researcher Dankrad Feist. He has proposed an ambitious expansion plan: EIP-7938, aimed at achieving a 100x increase in capacity within four years.
What does this mean? Higher gas limits, a more active on-chain ecosystem, and a stronger main chain position.
🔍 Why is this so urgent?
Feist is concerned that the continuous fragmentation of Layer-2 is undermining Ethereum's dominance, and the main chain may "degrade" into a back-end settlement layer, eventually becoming marginalized.
📉 Cardano founder Hoskinson is more direct: "Ethereum may follow in the footsteps of Myspace and Blackberry."
🛠 Feist firmly believes that even with significant expansion, Ethereum does not have to sacrifice security, anti-censorship, and verifiability.
In the future, the real competitors may not be other L1s, but the speed of its own evolution. Ethereum, it's time to toughen up.