$ETH Lessons From $XRP š¤š¤š¤
ā "Ethereum will not survive after 10-15 years" - Founder of Cardano ā ļø
ā He believes that Ethereum is facing 3 major problems:
š¹Outdated computational model
š¹Inefficient EVM and suboptimal consensus mechanism.
š¹Relying on Layer-2s like Arbitrum, Optimism makes Ethereum's intrinsic value increasingly weaker.
ā If Ethereum does not drastically reform its governance and tokenomics, the platform may follow the footsteps of failed "giants" like Myspace, Blackberry.
ā However, he still appreciates the upgrading efforts such as switching EVM to RISC-V and Pectra & Fusaka updates, but emphasizes: technology alone is not enough.
šRemember in the past, ADA CEO also criticized $XRP and then what did XRP do?
You see,
So, ETH is now an ecosystem that is difficult to break,
Market wants a strong bull season, not BTC price increase but ETH price increase,
BUY ETH below $2,000, wait for ETH to break $4,000.
BUY in fear, not BUY in FOMO.