ADA Founder Predicts The Close of ETH. Is This the Fall of a Crypto Giant?
- Cardano founder identifies three critical flaws in Ethereum blockchain’s design.
- Charles Hoskinson believes layer-2 solutions will gradually drain Ethereum’s value.
- Bitcoin DeFi and competing chains are predicted to eclipse the Ethereum network long-term.
In a thought-provoking video, blockchain attorney John E. Deaton shared an alarming prediction of Charles Hoskinson, who stated that Ethereum may not survive beyond 10-15 years due to fundamental design flaws and growing competitive pressures.
Deaton expressed that the information was surprising, especially when it came from a co-founder. He quickly pointed out that he was not smart enough to have an opinion one way or the other.
In the clip, Hoskinson, the founder of Cardano and the co-founder of Ethereum, mentioned that Ethereum has three major “self-inflicted wounds” that threaten its future. These include the wrong accounting model, th…
The post ADA Founder Predicts The Close of ETH. Is This the Fall of a Crypto Giant? appeared first on Coin Edition.
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ADA Founder Predicts The Close of ETH. Is This the Fall of a Crypto Giant?
- Cardano founder identifies three critical flaws in Ethereum blockchain’s design.
- Charles Hoskinson believes layer-2 solutions will gradually drain Ethereum’s value.
- Bitcoin DeFi and competing chains are predicted to eclipse the Ethereum network long-term.
In a thought-provoking video, blockchain attorney John E. Deaton shared an alarming prediction of Charles Hoskinson, who stated that Ethereum may not survive beyond 10-15 years due to fundamental design flaws and growing competitive pressures.
Deaton expressed that the information was surprising, especially when it came from a co-founder. He quickly pointed out that he was not smart enough to have an opinion one way or the other.
In the clip, Hoskinson, the founder of Cardano and the co-founder of Ethereum, mentioned that Ethereum has three major “self-inflicted wounds” that threaten its future. These include the wrong accounting model, th…
The post ADA Founder Predicts The Close of ETH. Is This the Fall of a Crypto Giant? appeared first on Coin Edition.
Read More