According to Geoff Kendrick, head of digital asset research at Standard Chartered Bank, Ethereum is in a "midlife crisis" and is not performing well in a series of technological upgrades aimed at attracting a wider audience. Ethereum developers have been trying to improve network speed and efficiency by delegating transaction processing to third parties, but this has resulted in fees flowing to third parties known as Layer 2 networks, rather than Ethereum developers. Kendrick believes that this decision "gives up value for free" and adds that "Ethereum has essentially commodified itself". https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=39959