Ethereum on the Brink: Researcher Drops a 100X Bombshell 🚨

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In the long dry valley where blockchains go to grow old and dusty, a man named Dankrad Feist sat, squinting into the future like he was sizing up a stubborn mule. Dankrad, a fellow at the Ethereum Foundation, let it be known—publicly and not without a few dramatic pauses—that if Ethereum didn’t do something bold, it’d end up as forgotten as a payphone in a ghost town. Five, ten years—it didn’t matter. Irrelevant, he said, like last season’s California oranges.

Earlier in the month—nobody remembers which day, but it probably rained—Feist presented one wild idea: Ethereum Improvement Proposal 7938. This wasn’t your granddaddy’s proposal. Nope. Feist figured they could jack up the gas limit 100 times over four years. Suddenly, transactions would run thick as jackrabbits in spring, and miners would busy themselves like bartenders on payday.

Now, Feist called it “unconventional,” and folks did fuss over that word. “Ain’t that the point?” he seemed to ask, smirking, “You want to stay relevant, you got to stop playing it safe like a hog at feeding time.” Didn’t matter that the risk could scare some cows.

Feist belonged to the tribe that wants Ethereum smack in the center of the crypto corral, holding down the economic fort. He grumbled that if all the money and hustle scattered into layer-2 pastures, Ethereum might as well pack its bags and head for the blockchain retirement home—doilies on the dashboard and all.

A dramatic cowboy showdown, but with blockchains instead of guns.

Feist was certain—almost annoyingly so—that scaling big wouldn’t kill the sacred cows folks kept mooing about: censorship resistance, verifiability, and the right to two-step your way through a block without interference.

Meanwhile, Charles Hoskinson, who started Cardano (and, incidentally, not a lemonade stand), piped up from another campfire. He claimed, between bites of dried optimism, Ethereum would wind up like Blackberry—once the king, now a trivia question nobody asks. Hoskinson reckoned that “parasitic” layer-2 protocols would sap Ethereum’s lifeblood, and that would be that. You can almost hear the Apple ringtone echoing in the abyss.

So folks around the fire chuckled, raised an eyebrow, and wondered: Would Ethereum ride into the sunset a legend, or just another story crypto grannies tell their grandkids when the internet’s slow? 🤠

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2025-05-01 09:12