{"id":476544,"date":"2022-07-22T04:37:02","date_gmt":"2022-07-22T01:37:02","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/all-ethereum-killers-will-fail-blockdaemons-freddy-zwanzger\/"},"modified":"2022-07-22T04:37:02","modified_gmt":"2022-07-22T01:37:02","slug":"all-ethereum-killers-will-fail-blockdaemons-freddy-zwanzger","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/all-ethereum-killers-will-fail-blockdaemons-freddy-zwanzger\/","title":{"rendered":"# All &#8216;Ethereum killers&#8217; will fail: Blockdaemon\u2019s Freddy Zwanzger"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2ced5306e84\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2ced5306e84\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/all-ethereum-killers-will-fail-blockdaemons-freddy-zwanzger\/#%E2%80%9D_All_%E2%80%98Ethereum_killers_will_fail_Blockdaemons_Freddy_Zwanzger_%E2%80%9C\" >&#8221; All &#8216;Ethereum killers&#8217; will fail: Blockdaemon\u2019s Freddy Zwanzger &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_All_%E2%80%98Ethereum_killers_will_fail_Blockdaemons_Freddy_Zwanzger_%E2%80%9C\"><\/span>&#8221; All &#8216;Ethereum killers&#8217; will fail: Blockdaemon\u2019s Freddy Zwanzger &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvMDlmYTRhZTctNmM2Ni00ZDhmLTgyZWEtNmIzOWZlOWY3OTE2LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-28d77a7a>Blockdaemon\u2019s ETH ecosystem lead Freddy Zwanzger believes Ethereum will retain its leadership position in the crypto ecosystem over the coming years due to its utility as a smart contract platform and upgrades to the network following the Merge.\u00a0<\/p>\n<p>Speaking to Cointelegraph during the Ethereum Community Conference (EthCC) this week, Zwanzger said:<\/p>\n<blockquote><p>\u201cIt&#8217;ll continue to be a leader. I mean, obviously, the first and most important smart contract platform, and that&#8217;s not going to change.\u201d<\/p><\/blockquote>\n<p>Blockdaemon is an institutional-grade blockchain infrastructure platform that offers node operations and infrastructure tooling for blockchain projects.<\/p>\n<p>The Blockdaemon employee also took aim at so-called \u201cEthereum killers\u201d \u2014 competing Layer 1 blockchains \u2014 which have tried to topple Ethereum from its leadership position but failed. <\/p>\n<blockquote><p>\u201cAll the Ethereum killers from back in the day didn&#8217;t succeed, and I don&#8217;t expect them to succeed at all.\u201d<\/p><\/blockquote>\n<p>Crypto projects that have been touted as \u201cEthereum killers,\u201d include Solana, Cardano, Tezos, and Polkadot, among others. Many of these blockchains tout lower fees and faster transactions but have fewer active developers and certain blockchains place h less emphasis on decentralization.<\/p>\n<p>To date, none have managed to displace Ethereum from its number two spot in terms of market cap. Cardano and Solana currently sit in the eighth and ninth positions, Polkadot is ranked 11 while Tezos is ranked 37, according to Coinmarketcap. <\/p>\n<p>Zwanzger believes that the upcoming Merge will further propel Ethereum onwards and upwards in terms of <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> and price. <\/p>\n<p>\u201cThere are so many good things in there, like environmentally-friendliness, [and] all sorts of things that are beneficial to a lot of people. Staking will become more attractive,\u201d he said.<\/p>\n<blockquote><p>\u201cIt\u2019s a show of strength and commitment that the roadmap is materializing.\u201d<\/p><\/blockquote>\n<p>The Ethereum Merge involves transitioning it from the energy-intensive proof-of-work (PoW) mining consensus to a proof-of-stake (PoS) model, and has been tentatively scheduled to be rolled out around September 19.<\/p>\n<p>However, Zwanzger admitted the big future challenge for Ethereum will continue to be scalability. <\/p>\n<blockquote><p>\u201cThe original Ethereum roadmap was focused on sharding, but that\u2019s not so much the case anymore. Now we have a roll-up-centric roadmap, so scaling via layer 2 solutions.\u201d<\/p><\/blockquote>\n<p>Currently, the \u201cproof-of-work\u201d consensus model allows the blockchain to process 15 to 20 transactions per second (TPS) according to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blockchair.com\/ethereum\/charts\/transactions-per-second?compare=bitcoin&amp;interval=full\">data<\/a> from Blockchair. <\/p>\n<p>A quantum leap in the number of transactions per second is expected <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ethereum.org\/en\/upgrades\/sharding\/#what-is-sharding\">sometime<\/a> in 2023 when the Ethereum network introduces sharding.<\/p>\n<p>Sharding is a multi-phase upgrade to improve Ethereum\u2019s scalability and capacity by splitting the entire network into multiple portions in order to increase the network capacity. <\/p>\n<p>Sharding will work hand in hand with layer 2 solutions to further \u201csupercharge\u201d the scalability of the network. <\/p>\n<p>Post-sharding, cofounder Vitalik Buterin has claimed the network will be capable of transaction speeds up to 100,000 TPS. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/all-ethereum-killers-will-fail-blockdaemon-s-freddy-zwanzger\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; All &#8216;Ethereum killers&#8217; will fail: Blockdaemon\u2019s Freddy Zwanzger &#8220; Blockdaemon\u2019s ETH ecosystem lead Freddy Zwanzger believes Ethereum will retain its leadership position in the crypto ecosystem over the coming years due to its utility as a smart contract platform and upgrades to the network following the Merge.\u00a0 Speaking to Cointelegraph during the Ethereum Community&#8230;<\/p>\n","protected":false},"author":1,"featured_media":476545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvMDlmYTRhZTctNmM2Ni00ZDhmLTgyZWEtNmIzOWZlOWY3OTE2LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74863,74891,74938],"class_list":["post-476544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-cryptocurrencies","tag-ethereum","tag-ethereum-price"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/476544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=476544"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/476544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/476545"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=476544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=476544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=476544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}