以太坊（ETH）面临47％的下降47％，对比特币（BTC）和新兴山寨币失去了地面

以太坊（ETH）曾经被誉为比特币（BTC）的最终挑战者，他发现自己在陷入困境的水域中。

Ethereum (ETH), once heralded as the ultimate challenger to Bitcoin (BTC), has found itself in troubled waters. The second-largest cryptocurrency by market capitalization has seen a steep 47% decline over the past year, leaving investors and developers deeply concerned about its future.

以太坊（ETH）曾经被宣布为比特币（BTC）的最终挑战者（BTC），他发现自己在陷入困境的水域中。在过去一年中，按市值计算的第二大加密货币下降了47％，这使投资者和开发商对其未来非常关注。

The Decoding Ethereum report by Bloomberg sheds light on the critical juncture faced by Ethereum. After a decade of innovation and growth, the blockchain is now experiencing one of the most difficult periods in its history. As the network struggles with high gas fees, slow transaction speeds, and a lack of significant upgrades, investors and developers are beginning to look elsewhere.

彭博社的解码以太坊报告阐明了以太坊面临的关键关头。经过十年的创新和增长，区块链现在正在经历其历史上最困难的时期之一。由于网络以高汽油费，慢速交易速度以及缺乏重大升级而挣​​扎，投资者和开发人员开始看其他地方。

Ethereum’s Key Challenges: A Closer Look

以太坊的主要挑战：仔细观察

Several factors have contributed to Ethereum’s decline and may continue to impact its performance in the coming year.

几个因素导致以太坊的下降，并可能在来年继续影响其表现。

1. Rising Gas Fees: A Major Hurdle

1。汽油费的上升：一个重大障碍

One of Ethereum’s biggest issues has always been its high gas fees. Transaction costs on the Ethereum network have skyrocketed, making it expensive to execute smart contracts and conduct simple transactions. While Ethereum 2.0 was expected to address these concerns with its increased throughput and lower energy consumption, delays and technical issues have hindered its effectiveness.

以太坊最大的问题之一一直是其高汽油费。以太坊网络上的交易成本激增，使执行智能合约并进行简单交易变得昂贵。尽管Ethereum 2.0有望通过增加的吞吐量和减少能源消耗来解决这些问题，但延误和技术问题却阻碍了其有效性。

2. Scalability Issues: A Persistent Problem

2。可伸缩性问题：一个持续的问题

Ethereum’s network congestion is a well-known problem, leading to slow transaction processing times. While Layer 2 solutions like Optimistic Rollups and zk-Rollups have provided temporary relief, they are not a perfect solution. Competing blockchains such as Solana (SOL), Avalanche (AVAX), and Cardano (ADA) offer superior scalability, attracting both developers and users with their ability to handle a high volume of transactions quickly and efficiently.

以太坊的网络拥塞是一个众所周知的问题，导致交易处理时间缓慢。虽然第2层解决方案（例如乐观的汇总和ZK滚动）提供了暂时的缓解，但它们并不是完美的解决方案。诸如Solana（Sol），Avalanche（Avax）和Cardano（ADA）之类的竞争区块链提供了出色的可扩展性，从而吸引了开发人员和用户，具有快速有效地处理大量交易的能力。

3. Declining Developer Interest: A Worrying Trend

3。开发人员的兴趣下降：令人担忧的趋势

Ethereum’s developer community was once its strongest asset, with a vast ecosystem of open-source projects and a passionate group of contributors. However, recent reports indicate that developers are migrating to more developer-friendly platforms.

以太坊的开发人员社区曾经是其最强大的资产，拥有大量开源项目的生态系统和热情的贡献者。但是，最近的报告表明，开发人员正在迁移到更友好的开发人员平台。

Blockchain networks with lower fees, faster transaction times, and improved scalability are drawing talent away from Ethereum, presenting a challenge for the long-term sustainability of its ecosystem.

费用较低的区块链网络，更快的交易时间和提高的可扩展性正在吸引人才远离以太坊，这对其生态系统的长期可持续性提出了挑战。

4. Increased Competition from Altcoins

4。增加山寨币的竞争

Ethereum was once the undisputed leader in the smart contract space, but newer projects are now offering compelling alternatives. Blockchains such as BNB Chain, Polygon, and Solana provide similar functionalities for creating and deploying decentralized applications with lower costs and improved performance.

以太坊曾经是智能合同空间中无可争议的领导者，但较新的项目现在提供引人注目的替代方案。 BNB链，多边形和Solana等区块链提供了类似的功能，用于创建和部署具有较低成本和提高性能的分散应用程序。

How Bitcoin Remains Ahead

比特币如何保持领先

In contrast to Ethereum, Bitcoin has remained relatively stable despite market fluctuations, and its price has been largely unaffected by macroeconomic concerns.

与以太坊相反，尽管市场波动，比特币仍然相对稳定，而且其价格在很大程度上不受宏观经济问题的影响。

As the first cryptocurrency, Bitcoin has established itself as a store of value and a hedge against inflation, while Ethereum struggles with its technological limitations.

作为第一个加密货币，比特币已将自己确立为价值和对冲通货膨胀的储存，而以太坊的技术局限性则挣扎。

Bitcoin’s dominance in the crypto market has only strengthened, with its market cap towering over Ethereum’s by a significant margin. Many analysts believe that Ethereum’s decline could further solidify Bitcoin’s position as the undisputed leader in the crypto space.

比特币在加密货币市场中的主导地位仅加强了，其市值高于以太坊的高度。许多分析人士认为，以太坊的下降可以进一步巩固比特币在加密货币领域无可争议的领导者的地位。

The Impact on Ethereum’s Community

对以太坊社区的影响

Ethereum’s troubles have not gone unnoticed, with early investors and community members expressing their frustration. Those who believed in the blockchain’s long-term potential are now questioning whether Ethereum can still fulfill its original vision or if it will be overtaken by more advanced blockchain networks.

以太坊的麻烦并没有引起人们的注意，早期的投资者和社区成员表达了挫败感。那些相信区块链长期潜力的人现在在质疑以太坊是否仍然可以实现其原始愿景，或者是否会被更高级的区块链网络所取代。

Social media platforms are flooded with discussions about Ethereum’s decline, with some users calling for major reforms and a return to the core values that made Ethereum so popular in the early days.

社交媒体平台充斥着有关以太坊衰落的讨论，一些用户要求进行重大改革，并重返核心价值，使以太坊在早期如此受欢迎。

Developers who once contributed to Ethereum’s open-source projects are also shifting their focus, dedicating their time and skills to emerging ecosystems that offer better incentives and technological opportunities.

曾经为以太坊开源项目做出贡献的开发人员也在转移他们的注意力，将时间和技能投入到新兴的生态系统上，这些生态系统提供了更好的激励措施和技术机会。

Ethereum’s Response: Can It Rebound?

以太坊的回应：可以反弹吗？

Despite its struggles, the Ethereum core team remains optimistic about the blockchain’s future. Ethereum 2.0, which aims to transition the network from Proof of Work (PoW) to Proof of Stake (PoS), is still expected to bring improvements in scalability, energy efficiency, and security.

尽管有挣扎，但以太坊核心团队仍然对区块链的未来保持乐观。以太坊2.0旨在将网络从工作证明（POW）转变为股份证明（POS），仍然期望提高可扩展性，能源效率和安全性。

The upgrade will also introduce new features such as liquid staking and a modular architecture that will allow for the development of specialized chains for specific use cases.

升级还将引入新功能，例如液体堆积和模块化体系结构，该功能将允许为特定用例开发专用链。

However, the question remains: will these upgrades arrive in time to prevent Ethereum from losing further ground?

但是，问题仍然存在：这些升级是否会及时到达以防止以太坊失去进一步的立场？

To regain its dominance, Ethereum must:

为了重新获得其主导地位，以太坊必须：

* Reduce gas fees to make transactions more affordable for users.

*减少汽油费，以使交易对用户更负担得起。

* Increase throughput to handle a larger volume of transactions without slowing down the network.

*增加吞吐量以处理大量的交易，而不会减慢网络。

* Attract and retain developers by offering a competitive and supportive ecosystem.

*通过提供竞争性和支持性生态系统来吸引和保留开发人员。

* Continue to innovate and introduce new features to stay ahead of the competition.

*继续创新并引入新功能，以保持比赛领先。

Only time will tell whether Ethereum can overcome its challenges and fulfill its promise as a transformative technology. Nonetheless, the coming year will be crucial for the future of Ethereum as it faces an existential threat from Bitcoin and emerging altcoins.

只有时间才能说明以太坊是否可以克服其挑战并实现其作为一种变革性技术的诺言。但是，来年对以太坊的未来至关重要，因为它面临比特币和新兴山寨币的存在威胁。

.

。

The post Troubled Waters: Ethereum Faces Dire Straits as Bitcoin’s Dominance Strengthens appeared first on iGamers+.

邮政陷入困境的水域：以太坊面临着可怕的海峡，因为比特币的主导地位得到了增强，这首先出现在igamers+上。