Ethereum Forked Itself

October 10, 2024
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by Les & Lee
(Updated on
October 10, 2024
)

Ethereum Forked Itself: Why EthPar Brings Back the Original Vision of Layer 1

Remember when Ethereum was the rebellious teenager of the blockchain world, breaking boundaries and challenging the status quo? Well, somewhere along the line, Ethereum traded its leather jacket for a corporate suit. As passionate advocates of the original Ethereum—the one that dared to dream big on Layer 1—we couldn’t sit by and watch it drift away. That’s why we’re introducing EthPar, a parallelized version of Ethereum, designed to revive the core principles by enabling the creation and validation of multiple blocks simultaneously on Layer 1.

Why Layer 1 Still Matters

Ethereum’s current focus on Layer 2 scaling solutions feels like moving out of a cluttered house and into the garage. Sure, there’s more space, but the mess inside the house remains unresolved. Layer 2 solutions may offer scalability, but they create a disjointed experience, essentially functioning as separate blockchains—much like Cardano or Solana—detached from what made Ethereum revolutionary.The high cost of Ethereum transactions has driven users to these Layer 2 options, pushing Layer 1 viability off a cliff. It’s like a highway becoming so congested and expensive that everyone takes side roads, leaving the main route underused. Ironically, the growth of Ethereum benefits these alternative routes, while Layer 1 bears the cost of maintenance without reaping the rewards.

The Problem with Ethereum’s Shift to Layer 2

Layer 1 transactions now subsidize Layer 2 operations, flipping Ethereum’s original ethos on its head. It’s like paying extra at a restaurant so someone else can eat for free in a private room upstairs. This shift not only feels unjust but also compromises the decentralized nature that Ethereum was founded on.To make matters worse, validators on Layer 1 are now chasing tips via mechanisms like MEV Boost, leading to increased centralization. It’s akin to taxi drivers ignoring regular fares to chase surge pricing, leaving regular users stranded. This behavior undermines Ethereum’s accessibility and fairness for everyday users.

What Happened to Sharding?

Remember sharding? Touted as Ethereum’s long-term scalability solution since 2016, it’s now effectively vaporware. There’s no implementation date in sight, likely because sharding doesn’t benefit Layer 2 solutions. It’s like promising a high-speed train to ease traffic, but never building the tracks because everyone already bought helicopters.

Introducing EthPar: The True Evolution of Layer 1

That’s where EthPar steps in. We’ve taken the road less traveled by doubling down on Layer 1 scalability. EthPar works by parallelizing the blockchain—creating and validating multiple blocks in parallel. This innovative approach addresses the blockchain trilemma head-on, delivering scalability without sacrificing security or decentralization. Think of it as adding more lanes to the highway while upgrading the cars, so traffic flows smoothly without diverting drivers onto side roads.By enhancing Layer 1, EthPar enables developers to build economical and secure applications without the complexities of Layer 2 solutions. Developers no longer have to juggle multiple layers or compromise on Ethereum’s core principles.

Ethereum’s Fork in the Road

In a way, Ethereum has forked itself—not in code, but in purpose and direction. By focusing exclusively on Layer 2, Ethereum has strayed from its foundational vision. It’s like your favorite band suddenly only playing cover songs, losing the essence of what made them special. While Ethereum prioritizes Layer 2, EthPar offers a different path—one that stays true to the original spirit of Ethereum.We’re not just enthusiasts; we’re custodians of Ethereum’s original vision. With EthPar, we’re bringing back the true potential of Layer 1, tackling challenges with innovation and integrity.

What EthPar Means for Developers and Users

For developers, EthPar offers a robust platform to build economical and secure applications directly on Layer 1—no need for multiple layers or complex architectures. For users, this means faster transactions and lower costs without compromising decentralization.The team at EthPar is dedicated to restoring the beauty and elegance of Ethereum’s original vision by delivering high throughput, low costs, and an exceptional user experience on Layer 1.

Join the EthPar Revolution

Come join our new core developer community dedicated to scaling Layer 1. Sign up to become a Beta release validator and earn early, pre-market coins*. Activate the ETP network in your wallet to claim your ETP coins—every ETH you hold gives you an ETP coin. You’re richer than you think! What are you waiting for?

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