What is going to be the end benefit of those using, mining, staking and trading Ethereum when there are too many upgrades happening. For one reason or another, it seems the Ethereum developers cannot get enough of both hard forks and upgrades. I know these must be important but if the developers can reduce the number it will give analysts something else to write about.

https://www.theblock.co/post/339163/jpmorgan-ethereum-intense-competition

JPMorgan says Ethereum likely to keep facing 'intense competition' from other networks

JPMorgan analysts say Ethereum is underperforming as competition from rival blockchains intensifies.
Ethereum’s market cap share has fallen to a four-year low and is likely to face continued pressure, according to the analysts.
"Ethereum is likely to continue facing "intense competition" from rival blockchains, according to JPMorgan analysts.

While the broader crypto market surged around the U.S. election, Ethereum's native cryptocurrency, ether, has lagged behind — not only underperforming bitcoin but also other altcoins, JPMorgan analysts led by managing director Nikolaos Panigirtzoglou wrote in a report on Wednesday. Ether's share of the total crypto market cap has now dropped to a four-year low, highlighting growing pressure from competitors, the analysts said."

ETH is loud again and become "famous", it is written about in the largest media, the whole world can hear it... I can only trust that "every cloud has a silver lining"

"... has been hit by the largest crypto heist in history."

1. https://www.forbes.com/sites/digital-assets/2025/02/21/latest-on-the-bybit-record-breaking-14-billion-dollar-crypto-hack/
2. https://www.bbc.com/news/articles/cx2844nvwx8o
3. https://www.bloomberg.com/news/articles/2025-02-21/bybit-says-exchange-wallet-hacked-1-5-billion-estimated-loss
4. https://www.aa.com.tr/en/economy/hack-attack-steals-14b-from-crypto-exchange-bybit/3489513
5....

I heard that Ethereum foundation has planned to vote whether they want to do a chain rollback or removing the hackers ETH supply. I am not here to discuss whether they should do it or not but the question is if they have the ability for chain rollback and address freezes, how can we say the Ethereum network is decentralized   Also if this happens wouldn't the Ethereum will lose credibility? And also why can't the hacker sell most of the Ethereum through decentralized or instant exchanges  before the fork ?

It is hard to believe Ethereum lost 4% in value as a result of the ByBit hack and the news has spread panic. Rolling back the blockchain is going to set a dangerous precedent where every hacked exchange will ask for their respective blockchains to be rolled back. I would be surprised if they went ahead, it is probably just one of several options being discussed.

When did Ethereum rollback the blockchain? According to Coindesk it never happened and cannot be done.

Yup ...

I am not a newbie here (over 14.5Years in the CryptoIndustry) and have seen MANY things I believed they would never do - and that was one of them.

Now they are considering it again?

FFS!

#crysx #cwi

That wasn't the Point ...

It WAS Rolled back when the massive happened by Forking from a Previous Block BEFORE the Theft/hack happened back then. So call it what you will - it was called a RollBack then, it is called a RollBack now regardless of the mechanism used (HardForking).

#crysx #cwi

Does anybody believe they will actually rollback the blockchain? The Ethereum team have many different issues to worry about. I doubt it will happen and it sounds just as ludicrous as when Binance was hacked and in a video CZ seemingly unilaterally stated rolling back the blockchain was an option. It was (and still is) ridiculous to even take that view seriously.