Revisiting the Development and Challenges of ETH: What Exactly Caused ETH to Lose Its Vitality
The core reasons for the current bottleneck in ETH development are twofold. First, the Restaking track has caused a vampire attack on the mainstream technological development path of Layer 2, diverting a large amount of resources from the ETH ecosystem. This has directly led to the application side being unable to obtain sufficient development resources and user attention, resulting in stagnation in promotion and user education. Second, the Ethereum ecosystem is becoming aristocratic, and the developer ecosystem lacks sufficient incentives, leading to a natural lack of innovation.