CNBC: Ethereum Faces Challenges Amidst Growing Competition from Alternatives

October 2, 2021

Press & Publications

Written by: Algorand Foundation

This article from CNBC discusses Ethereum's challenges and how it experienced its second-worst monthly drop in the past year. The decline is attributed to various issues, including high transaction fees and a network split due to a software bug. The report also mentions how alternative blockchains such like Algorand are gaining traction due to their lower fees and higher transaction speeds.

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