Ethereum founder Vitalic Buterinein a statement to the sources today, expressed the problems about his project.
Buterin made a self-criticism by emphasizing the shortcomings of the project, in which he played a major role in its development, in the field of payment services. The leading name in the industry talked about a situation he faced while in Argentina in 2021.
“Two years ago I was in a cafe with my friends. We ate something together. We decided to transfer to a crypto wallet to pay the account. However, since the minimum transfer amount was 0.01 ETH ($40 at that time), I paid 3x the account.”
In another example, the Ethereum founder stated that he could not make any payments this time due to a malfunction in his mobile wallet. Buterin thinks mobile wallet apps have a bad interface.
According to historical data, during the 2021 bull market, the ETH network was charging an average of $20 per transaction. However, today this figure has decreased to $0.65.
Scaling Issue Still Not Resolved
After this criticism of Vitalik Buterin scaling addressed the problem. Although the blockchain developer admits that they have made significant progress on this path, users of the scaling problem ETH believes that it is moving away from decentralized platforms on its network.
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