Imagine a grand theater where Charles Hoskinson, donning a cape stitched from Cardano’s finest blockchain threads, solemnly proclaims, “Ethereum won’t make it past 10 to 15 years.” A prophecy whispered in the hallowed halls of an AMA, echoing like the last wail of a blockchain doomed to obsolescence.
Yes, dear reader, the man himself—co-founder of Cardano and self-appointed Ethereum critic—casts Ethereum as the Blackberry of the crypto world, a relic soon to be devoured by the iPhone of innovation. 🍏📱
“They’ve brewed a cocktail of catastrophes,” Hoskinson muses, pointing fingers at what he calls the Ethereum Foundation’s trifecta of mishaps:
- Wrong protocols: Ethereum’s accounting model is like a ledger scribbled by a tipsy accountant, its virtual machine a creaky contraption, and consensus akin to a committee of cats trying to agree on dinner.
- Slashing economics and parasitic L2s: Layer-2 solutions have become the blockchain equivalent of freeloaders at a party, sucking the life and “alpha” from the main chain like vampires in a poorly scripted horror.
- No on-chain governance that works: Ethereum’s governance system resembles a parliament where everyone talks loudly but no one agrees—leaving Vitalik to juggle flaming swords of chaos while holding on to his sanity by a thread.
Meanwhile, the Ethereum token, bless its heart, has been limping downhill with a spectacular 46% loss against Bitcoin since January — a performance that’s making bears and skeptics salivate like it’s an all-you-can-eat buffet. Meanwhile, ETFs that side with those betting against ETH enjoy a standing ovation in the U.S. market. 🍿📉
One wonders if Ethereum will rally like a phoenix or flop like a forgotten Soviet gadget. But in Hoskinson’s crystal ball, the future is as bleak as a Moscow winter—only with more memes and fewer scarves.
Powered by Pollinations.AI free text APIs. [Support our mission](https://pollinations.ai/redirect/kofi) to keep AI accessible for everyone.
Read More
- Best Awakened Hollyberry Build In Cookie Run Kingdom
- Top 8 UFC 5 Perks Every Fighter Should Use
- Tainted Grail the Fall of Avalon: Should You Turn in Vidar?
- Nintendo Offers Higher Margins to Japanese Retailers in Switch 2 Push
- Nintendo Switch 2 Confirms Important Child Safety Feature
- Nintendo May Be Struggling to Meet Switch 2 Demand in Japan
- Nintendo Dismisses Report On Switch 2 Retailer Profit Margins
- Best Mage Skills in Tainted Grail: The Fall of Avalon
- Nvidia Reports Record Q1 Revenue
- Switch 2 Sales Soar to Historic Levels
2025-04-24 09:24