A lot of criticism is continuing to be revolving around the slow speed of Ethereum token transfers.  The blame is placed on the core technology, which is not able to scale effectively.  Probably, the core technology did not expect so much developers to be around when they started, and when so many developers happened, and people continued to happen for their smart contracts, it became slow.

The primary ETH technology in the first place was not probably designed for a huge audience.  Once many have set up their shops already, it is not good to shake the already existing people force on the network.  So, they decided to keep running the show while working on re-writing the entire thing. When it is done, many be they will scale well.

Pioneer inventions of every kind got ridiculed the very first time! And, they eventually win.  Ethereum is not giving up, and they are working and working and working.  Like all the good things around in the market, this good thing probably is taking its own time! Though the community and investors are impatient about it.

Money does not turn things around.  It is people who turn things around. Money does not multiply for investors overnight. Money should be catalyzed with hard work and strategy and time when everything falls into place.  ETH is just waiting and working towards making things fall in place.  Investors who HODL will get their rewards when things fall in place.

So, all this is technically expressed as, “ETH works because users want to pay (in the form of “gas”) to perform computations. If Ethereum is congested, it means that there are more people who want to pay to have Ethereum computations than there is the capacity to allow it.” Further, “On an average day, it takes anywhere between 15 seconds and 5 minutes to process a transaction if you pay the standard gas price.”

Sydney Ifergan, the crypto expert, tweeted:  “Whether Ethereum (ETH) is a good investment? It is if it helped you achieve your reasonable target profit.  Maybe it does not help to raise bars and HOLD forever. Human Brain needs reward – Sell it and spend it. Start again.”

Ethereum (ETH) People can’t Wait

Ethereum is not dying any soon as most people predict.  ETH is the second most popular giant in the cryptocurrency space.  The idea of whether ETH is worth it or not is based on investor sentiments and their personal expectations out of ETH. So far, ETH is working, they are active, and all this will pay off one day.  Maybe as a community, people can’t wait.