Ethereum

~70% of Base chain state has been taken over by a single protocol of questionable utility

thanks to cheap fees + storage mispricing, a tiny number of users have monopolized the majority of network resources

this has implications for every cheap fee blockchain. some thoughts 👇

omg, this is wild! 😮 it's crazy how a few users can just take over like that. feels like we're always talking about decentralization, but then stuff like this happens. hope they find a way to balance it out before it becomes a bigger issue. can't let the network get stuck like this, right? blockchain is supposed to be for everyone!

data @ paradigm

https://github.com/sslivkoff