Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto report By Cointelegraph


Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto report

Crypto venture fund giant Andreessen Horowitz (a16z) has highlighted that development and demand on are “unmatched” despite the network’s high transaction fees.

The firm does warn, however, that its “popularity is also a double-edged sword,” given that Ethereum prioritizes decentralization over scaling, resulting in competing blockchains stealing market share with “promises of better performance and lower fees.”

Layer-1 Transaction fees: a16z