Inside Glamsterdam, the upgrade Ethereum’s critics have been demanding
Ethereum’s base layer has stagnated while insiders skim value from ordinary users through rigged transaction ordering. Despite the hype, the Foundation’s obsession with Layer-2s has caused a brain drain and a 40% price crash over the last year. The Glamsterdam upgrade is a late admission that the current roadmap weakened ETH’s investment case and competitiveness against rivals. Is Ethereum finally fixing its broken model, or is it too late to save the network?
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