Ethereum's vision as the "World Computer" involves creating a global state transition machine capable of running complex programs, or "smart contracts," with high redundancy, resilience, and a broad ecosystem. Despite its benefits, Ethereum has limitations in processing power and scalability, which restrict complex applications from functioning efficiently or affordably. Recognizing these limitations, Ethereum has continuously aimed to improve its scalability while preserving decentralization...

Ethereum's vision as the "World Computer" involves creating a global state transition machine capable of running complex programs, or "smart contracts," with high redundancy, resilience, and a broad ecosystem. Despite its benefits, Ethereum has limitations in processing power and scalability, which restrict complex applications from functioning efficiently or affordably. Recognizing these limitations, Ethereum has continuously aimed to improve its scalability while preserving decentralization...