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2025-01-20
No. 22 St. John's, Georgia pack busy schedule with game on SundaySince its inception, smart contracts have been synonymous with Ethereum, and have brought revolution to blockchain technology through the use of self-executing agreements without the need for intermediaries. Ethereum has long established itself as the leader in decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, attracting developers over the years in a vast ecosystem of applications. But with time, as the technology for blockchain is improving, Ethereum is losing steam as new platforms are promising faster, cheaper, and far more scalable solutions. This article will investigate whether Ethereum will remain the dominant force or challengers will take its crown. Ethereum’s dominance stems from its early start and Ethereum Virtual Machine ( EVM ) which offers developers an environment for developing decentralized applications (dApp). As of 2023, it dominates over 49% of the smart contracts market, making it the backbone of decentralized finance. Ethereum’s network effect is another critical factor. Ethereum also has the biggest developer community in the blockchain industry, and the richest set of tools, frameworks, and decentralized applications, inspiring new decentralized innovations. Platforms like Uniswap, Aave, and OpenSea are already well-known in the crypto space helping Ethereum solidify its position as a trendsetter. Despite its success, Ethereum has suffered from long-standing problems of scalability and high-proportioned transaction fees. High network traffic emanating from increased activities has pushed up the cost of gas fees making small transactions unprofitable and out of reach for the average user. For example, in 2021, the transaction fee reached more than $50 during high traffic load. Enter the competitors : Such platforms as Solana, BSC, Cardano, and Avalanche have been receiving increasing attention. These networks are faster with transactions than Ethereum and cheaper also solving some of Ethereum’s shortcomings. Solana : With a processing power of over 65,000 transactions per second (TPS), Solana stands to be a high-performance blockchain for projects seeking efficiency and scalability. Binance Smart Chain (BSC) : BSC is one of the popular choices for developers as it has a low transaction fee and works on the EVM Cardano : Cardano has built a reputation as having strict rigorous peer-reviewed research and security-focused projects. Avalanche: With flexible and customizable subnets and transaction finality, Avalanche offers developers scalability and flexibility. Ethereum is not sitting with its arms folded either. It is perhaps one of the most groundbreaking upgrades in the entire history of blockchain technology ever, Ethereum 2.0. The change from proof-of-work (PoW) to proof-of-stake (PoS) is supposed to deal with the crucial problems of Ethereum’s scalability and energy intensity. When it comes to scalability Ethereum 2.0 includes shard chains that split the network into segments making the transaction processing happen in parallel hence enhancing throughput. This upgrade is said to cut transaction costs and at the same time improve the use of the software. For now, Ethereum is also planning to reach more than 100,000 TPS by 2025, coming up to the speed of the recently created platforms . However, the energy consumption of the Ethereum network is expected to reduce significantly in the next few years by about 99.95%. This is in line with global sustainability standards, or what institutional investors have in their minds. The smart contracts market is developing and it was valued at $2.14 billion in the year 2024 and topped $12.55 billion in the year 2032 at a CAGR of 24.7%. This growth is due to the integration of blockchain technology into different industries like finance, health, supply and logistics among others. This simply implies that with the growing market, there is the possibility of having many different platforms, each targeting unique categories of the market. Due to the already created environment around Ethereum and constant development, it has growth potential, although competition remains the factor by which no platform will reign over all applications . Although Ethereum still holds the largest market share in the DeFi and NFT segments, this is fragmenting. Solana is popular among high-frequency trading applications now, and Cardano is used in scientific and sponsor blockchain projects. Being cost-effective, the Binance Smart Chain has been used mostly by small-scale investors. The future is multi-chain, and connectivity is going to be a key determinant of the health of blockchains. Polkadot and Cosmos are connectivity platforms that cross over the chasms between blockchains so that assets and data can transfer from network to network. Therefore, Ethereum has to synchronize itself with this integrated environment to remain useful. Ethereum continues to be the king of smart contracts because of the first-mover advantage, a large developer community, and a fitted ecosystem. Although it has been long on top, it is no longer unparalleled. Competition threats from Solana, Binance Smart Chain, Cardano, and Avalanche are rising as they all attend to problems like scalability and cost to make them attractive destinations for developers and users. The upgrades to Ethereum 2.0 remain a necessity for Ethereum to remain on top, as explained below. If done successfully, it is likely to tackle scalability and environmental issues at the same time strengthen Ethereum as the go-to platform for decentralised development.end game

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BERLIN – We all think, speak, and write within certain intellectual frameworks that we largely take for granted. But, eventually, the passage of time renders familiar categories and ideas obsolete. For example, who still talks about the “Soviet Union” today, apart from historians? In a similar vein, this year’s presidential election in the United States was the most significant political event of 2024, and it will almost certainly be remembered as a historical turning point. The outcome will shape global events for decades to come. The effects will be felt on two levels. The first is the more immediate, practical, operational level of day-to-day governance. With Donald Trump back in the White House, the US will withdraw from the Paris climate agreement, impose new tariffs on its trade partners, and launch a massive campaign to round up and expel millions of undocumented immigrants. Taken together, this all represents a fundamental shift in how the world’s most powerful country operates, and in what it represents. Then there is the global dimension, where many scenarios are possible – from major power shifts to the dissolution of long-standing alliances and the disintegration of the world’s governing institutions and norms. What will happen to transatlantic relations? What about Ukraine? Will the US develop closer ties to Russia and other authoritarian regimes at the expense of the European Union and other allies? Trump won decisively despite his contempt for democratic institutions, his efforts to overturn the 2020 election, and his subsequent 34-count felony conviction. Though voters know about his chaotic approach to governance, his habitual mendacity, and his sinister immigration policies, he won every swing state. Even with full knowledge of who Trump is, more Americans voted for him than for Kamala Harris. We must not mince words: liberal democracy in the US has suffered a lethal blow. It will be under increasing pressure on both sides of the Atlantic, and there is no guarantee that it will survive. After all, can there be any future for the liberal West without the US as its leader? I believe the answer is no. Trump will begin his second term with Republican control over both houses of Congress, and many observers expect the 6-to-3 conservative majority on the Supreme Court to back him unequivocally. In June, the Court ruled, in a case brought by Trump, that presidents enjoy broad immunity from criminal prosecution for “official” acts. Thus, he will be able to govern – indeed, to rule – unimpeded. There is nothing to stop him from reshaping American liberal democracy into an illiberal oligarchy. Obviously, the pressure on European democracies to contribute more to their own security will intensify. But Trump has no interest in strengthening the EU – quite the opposite, in fact – and the EU’s capability to advance independently without the tacit support of the US is doubtful. Doing so would require a fundamental shift in Europeans’ political mentality, and such a change is currently nowhere in sight. Moreover, the Franco-German engine that has always propelled the EU is no longer operational, and no one knows when, or if, it will be restarted. Another major issue is the Israeli-Palestinian conflict. Will the current Israeli government now rush to annex the West Bank? What will it do about Iran, which has been amassing near-weapons-grade uranium? All signs point to a major war in the region – to a violent restructuring that will bring anything but peace or even a lasting ceasefire. That brings us to the final, all-important question: What will the world look like without a liberal West? For decades, the transatlantic alliance projected power (both hard and soft) and modeled the values that underpinned a cohesive global order. But now the global order is in the midst of a chaotic transition. If Europe fails to come together at this moment of tumultuous change, it will not get a second chance. Its only option is to become a military power capable of protecting its interests and securing peace and order on the world stage. The alternative is fragmentation, impotence, and irrelevance. The challenge is compounded by a massive technological shift toward digitalization and AI, as well as by Europe’s demographic crisis. Though the continent has too many elderly people and too few young people, it is increasingly opposed to immigration. So, what now? Will Europe prepare itself, or will it revert to a structure resembling the one that followed the 1814-15 Congress of Vienna, in which Russia’s influence was dominant and pervasive? Europeans woke up on November 6 to a result that will affect them more profoundly than all their own elections combined. Trump will not only change America (for the worse); he will also shape European history – if we let him.Discrimination based on source of income still widespread despite new Illinois law, housing advocates say; recent lawsuits may change thatGAINESVILLE, Fla. (AP) — DJ Lagway threw two touchdown passes, Montrell Johnson ran for 127 yards and a score, and Florida upset No. 9 Mississippi 24-17 on Saturday to knock the Rebels out of College Football Playoff contention. The Gators (6-5, 4-4 Southeastern Conference), who topped LSU last week, beat ranked teams in consecutive weeks for the first time since 2008 and became bowl eligible. The late-season spurt provided another vote of confidence for coach Billy Napier, who is expected back for a fourth season. Ole Miss (8-3, 4-3), which entered the day as a 10-point favorite, lost for the first time in four games and surely will drop out of the 12-team playoff picture. The Rebels ranked ninth in the latest CFP and needed only to avoid stumbling down the stretch against Florida and lowly Mississippi State to clinch a spot in the playoff field. But coach Lane Kiffin’s team failed to score in three trips inside the red zone and dropped countless passes in perfect weather. No. 2 OHIO ST. 38, No. 5 INDIANA 15 COLUMBUS, Ohio (AP) — Will Howard passed for two touchdowns and rushed for another, TreVeyon Henderson ran for a score and No. 2 Ohio State beat previously undefeated No. 5 Indiana. All Ohio State (10-1, 7-1 Big Ten, CFP No. 2) has to do now is beat Michigan at home next Saturday and it will earn a return to the Big Ten championship game for the first time since 2020 and get a rematch with No. 1 Oregon. The Ducks beat Ohio State 32-31 in a wild one back on Oct. 12. The Hoosiers (10-1, 7-1, No. 5 CFP) had their best chance to beat the Buckeyes for the first time since 1988 but were hurt by special teams mistakes and disrupted by an Ohio State defense that sacked quarterback Kurtis Rourke five times. Howard finished 22 for 26 for 201 yards. Emeka Egbuka had seven catches for 80 yards and a TD. No. 8 GEORGIA 59, UMass 21 ATHENS, Ga. (AP) — Carson Beck threw four touchdown passes, Nate Frazier ran for 136 yards with three scores and No. 8 Georgia overwhelmed Massachusetts as the Bulldogs tried to protect their College Football Playoff hopes. Georgia (9-2, No. 10 CFP) needed the big offense from Beck and Frazier to rescue a defense that gave up 226 rushing yards. UMass (2-9) played its first game under interim coach Shane Montgomery, the offensive coordinator who retained his play-calling duties after replacing fired coach Don Brown on Monday. Jalen John led the Minutemen with 107 rushing yards and a touchdown. Georgia extended its streak of consecutive home wins to 30, the longest active streak in the Football Bowl Subdivision. No. 10 TENNESSEE 56, UTEP 0 KNOXVILLE, Tenn. (AP) — Nico Iamaleava threw for 209 yards and four touchdowns to lead No. 10 Tennessee to a victory over UTEP. The Volunteers (9-2) overcame a sluggish start to roll up the impressive win. Both teams were scoreless in the first quarter, but Tennessee found its rhythm. Grad student receiver Bru McCoy, who hadn’t caught a touchdown pass this season, had two. Peyton Lewis also ran for two scores. Tennessee’s defensive line, which had no sacks in last week’s loss to Georgia, had three against the Miners. UTEP (2-9) struggled with two missed field goals and three turnovers. Tennessee’s offense came alive with 28 points in the second quarter. In the final four drives of the quarter, Iamaleava completed 11 of 12 passes for 146 yards and touchdowns to Squirrel White, Ethan Davis and McCoy. No. 11 MIAMI 42, WAKE FOREST 14 MIAMI GARDENS, Fla. (AP) — Cam Ward passed for 280 yards and threw two touchdowns to Jacolby George on another record-breaking day, Mishael Powell ran an interception back 76 yards for a touchdown and No. 11 Miami pulled away late to beat Wake Forest. The Hurricanes (10-1, 6-1 Atlantic Coast Conference, No. 8 College Football Playoff) can clinch a berth in the ACC title game with a win at Syracuse next weekend. Ward completed 27 of 38 passes, plus ran for a score. He broke two more single-season Miami records, both of which had been held for 40 years by Bernie Kosar — most passing yards in a season and most completions in a season. Ward now has 3,774 yards on 268 completions this season. Kosar threw for 3,642 yards on 262 completions in 1984. Demond Claiborne had a 100-yard kickoff return for a touchdown for Wake Forest (4-7, 2-5). Claiborne also rushed for 62 yards for the Demon Deacons, and starting quarterback Hank Bachmeier was 8 of 14 passing for 86 yards and a touchdown. No. 13 SMU 33, VIRGINIA 7 CHARLOTTESVILLE, Va. (AP) — Kevin Jennings threw for a career-high 323 yards and two touchdowns and ran for another, and No. 13 SMU clinched a spot in the Atlantic Coast Conference championship game by routing Virginia. Isaiah Smith and Jared Harrison-Hunte each had two sacks to help the Mustangs (10-1, 7-0, No. 13 CFP) extend their winning streak to eight. They would earn an automatic bid into the expanded College Football Playoff by beating 11th-ranked Miami or 17th-ranked Clemson in the ACC title game on Dec. 7 in Charlotte, North Carolina. SMU had to get there first, and Jennings led the way again, bouncing back from an interception and a fumble to complete 25 of 33 passes to six different receivers, including TD tosses to Jordan Hudson and Matthew Hibner. Brashard Smith provided a little balance on offense, running for 63 yards and his 13th touchdown of the season. SMU’s defense overwhelmed UVa’s offensive line, sacking Anthony Colandrea nine times and allowing the Cavaliers (5-6, 3-4) just 173 yards. Special teams contributed, too, with Roderick Daniels Jr. returning a punt 48 yards and Collin Rogers making two field goals. No. 24 ILLINOIS 38, RUTGERS 31 PISCATAWAY, N.J. (AP) — Luke Altmyer found Pat Bryant for a catch-and-run, 40-yard touchdown pass with 4 seconds left, sending No. 24 Illinois to a wild victory over Rutgers. Illinois (8-3, 5-3 Big Ten) was down 31-30 when it sent long kicker Ethan Moczulski out for a desperation 58-yard field goal with 14 seconds to go. Rutgers coach Greg Schiano then called for a timeout right before Moczulski’s attempt was wide left and about 15 yards short. After the missed field goal was waved off by the timeout, Illinois coach Bret Bielema sent his offense back on the field. Altmyer hit Bryant on an in cut on the left side at the 22, and he continued across the field and scored untouched in a game that featured three lead changes in the final 3:07. Rutgers (6-5, 3-5) gave up a safety on the final kickoff return, throwing a ball out of bounds in the end zone as players passed it around hoping for a miracle touchdown. Altmyer was 12-of-26 passing for 249 yards and two touchdowns. Bryant finished with seven receptions for 197 yards.

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