$ETH Who controls the future of cryptocurrency? Ethereum under the microscope!
In the world of cryptocurrency, few dare to criticize the giants, but Charles Hoskinson, the founder of Cardano, has done so quite openly. In a recent AMA session, he described Ethereum as suffering from "economic imbalances" and criticized its consensus mechanism, even calling layer two solutions "parasitic".
His words sparked widespread controversy. Is he right?
Despite the congestion that Ethereum faces and the rising transaction fees, it remains the leading platform in the field of innovation: from smart contracts to decentralized finance (DeFi) to non-fungible tokens (NFT). It is also striving to improve its performance through the Ethereum 2.0 project, which aims to enhance scalability and reduce costs.
