Ethereum has fundamentally changed since its launch in 2015, evolving into a crucial platform for decentralized applications, but now faces competition that threatens its vision.
Péter Szilágyi stated, 'Ethereum is losing the plot' as it grapples with diversifying distractions, indicating a shift away from its foundational purpose as the World Computer.
Despite its potential to foster a decentralized future, Ethereum is often sidetracked by trends like faster execution and better monetary status, which distract from its original goals.
Vitalik Buterin’s vision for Ethereum was always more aspirational than financial; building decentralized applications globally, but the focus has shifted, resulting in declining support and interest.
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