The Ethereum Blockchain Keeps Losing Developers Over High Costs

It looks like Ethereum is seeing its reputation suffer due to the growing number of fees on its blockchain. Too many projects have rushed to the Ethereum blockchain due to their desire to be quickly and efficiently developed, and as a result, the blockchain has been seriously bogged down.

Not necessarily out of money, but the current Ethereum gas market, the rise of DeFi and new browser standards have changed the game significantly enough that we don’t see a way forward with the project… Some days, the whole process of onboarding a new user cost over $130, meaning you could buy a hardware wallet for the price of signing up on our app. Many developers blame Crypto Kitties – the 2017 Ethereum-based app that proved to be so popular it crashed the ETH network – as the reason why Ethereum has never gotten its groove back.

Timeline of Ethereum