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Smaller Blockchain Networks Increasingly Move to Ethereum for Security and Lower Costs

(3 hours ago) · 1 source · Summarized by CryptoBipto

Several smaller alternative layer-1 blockchains are migrating to Ethereum or building on top of it, driven by security concerns and high operational costs. The trend raises questions about the long-term viability of independent smaller chains competing outside the Ethereum ecosystem.

WHY IT MATTERS

Think of a blockchain like a city that needs its own police force, roads, and utilities to function.

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SOURCES

  • cointelegraph.com

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