Etheruem virtual machine

  • High gas prices: Gas prices can rise quickly if there is high network usage and high demand. Users will need to wait for the prices to come down if they make small transactions. The functioning of a contract is slower when the fee is high.
  • Centralized network: Many nodes in the Ethereum network are on centralized services like Amazon web services. All cloud computers can be down if the service provider has an outage, resulting in fewer nodes to carry out transactions.
  • Technical knowledge: Ethereum virtual machines are not easy to use. You need programming knowledge and experience to create something using EVM. Many attempts to make it more user-friendly have happened to use Ethereum’s tools, for example, simple NFTs. However, the Ethereum network is used mostly by users who can code.

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