Bitcoin (BTC) and Ethereum (ETH) are two assets that have dominated the Cryptocurrency space for the longest time. While the duo remains unlucky by the advent of new crypto courses, ETH was slowly seen down. The world’s largest altcoin has barely registered a remarkable rise as its counterparts. This has further led society to question the abilities of the asset. In the midst of this, Charles Hoskinson, the man behind the prominent Cardano (ADA) network, expressed doubts about Ethereum’s survival over the coming decade.
Also read: Blackrock buys $ 643 million in bitcoin: BTC to $ 100,000?
“So I don’t think Ethereum will survive, you know, more than 10 years to 15 years. “
The price of the asset has been a topic for many. But the Cardano founder focused on other factors. According to him, Ethereum’s protocol is incorrect. He pointed out that they have the wrong accounting model, as well as the wrong virtual machine and consensus model. He believes that Ethereum’s mechanism of evidence is inadequate. He also attacked Ethereum’s cutting warehouse-2 and economy. Hoskinson said,
“People will stop fighting, and it will be harder and harder for vital to hold it together.”
How is Ethereum going today?
At the time of writing, Ethereum was about $ 1,728.21. This follows a decline of 3.59% over the past 24 hours. Despite its small increase in 2024, the asset’s annual price change is a negative 46%.
It looks like Ethereum can reverse a hooked side at the end of April. Data from Coinkodost Reveals that ETH will undergo a two -digit increase of 22% and reach a height of $ 2,128 on the last day of the month. This Uptick could get a bigger break for ETH investors.
