MegaETH: Ethereum’s Answer to Solana or a Centralization Disaster?
MegaETH is launching with 100,000 transactions per second and execution speeds faster than any existing rollup. Backed by Ethereum giants like Vitalik Buterin and Joe Lubin, it claims to be Ethereum’s ultimate scaling solution. This L2 will never decentralize its sequencer, relies on EigenDA’s untested data storage, and removes consensus mechanisms entirely. $ETH devs are prioritizing speed over security, pushing L2 competitors into uncertainty. Arbitrum, Optimism, and Base struggle with Ethereum’s data limits, while MegaETH bypasses them completely. Solana’s dominance over Ethereum L2s forced this shift, making decentralization a lower priority. Ethereum is fundamentally changing, moving closer to a performance-driven blockchain model. This shift puts Ethereum’s core values of security and decentralization in jeopardy.