14. Extending the Ethereum Protocol
In the previous chapters of this book, you learned about the power and also the limitations of Ethereum. Ethereum is one of the first and certainly the most popular blockchain smart contract platform. It is a protocol with multiple open source implementations from the community and has a robust software upgrade process known as Ethereum Improvement Proposals (EIPs). However, as a big organization with many stakeholders, Ethereum improvement is a slow process. As a “world computer,” Ethereum is also unlikely to optimize for specific applications.
I believe there are opportunities for many different public blockchains. Each of them will optimize Ethereum for specific application protocols. However, all of them ...
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