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Ethereum crisis? Hoskinson predicts that the next hard fork will inevitably fail!
At the forefront of the Ethereum governance controversy, Cardano's price has soared, rising by 30% in a short period of time, and even broke into the top ten list of cryptocurrency market capitalization. Charles Hoskinson, the founder of Cardano, expressed his views on this, especially sharply criticizing Ethereum's governance model.
In an interview, Hoskinson said that Ethereum has deviated from its direction in the pursuit of decentralization because it relies too much on Vitalik Buterin. He said bluntly: "Everyone is counting on Buterin to set the roadmap and find inspiration. He is also the only one who can unite everyone." In Hoskinson's view, this "one-man show" governance model is far from Cardano's collaborative and decentralized concepts. He calls it "dictatorship."
From the perspective of market performance, Cardano's price performance has indeed outperformed Ethereum since September 6, with an increase of 25%, while Ethereum has only increased by 21% during the same period. From the price chart, Cardano has higher volatility, showing stronger upward momentum and market participation.
In addition, Hoskinson also predicted that the price of ADA is expected to break through the $0.55 mark. He mentioned that the Cardano network is growing and improving, especially with the launch of Voltaire Era, which has brought a more decentralized governance model to the network.
As for the future of Ethereum, Hoskinson is not optimistic about the prospects of its hard fork. He believes that under Buterin's leadership, it is difficult for the next hard fork to succeed. He pointed out that Ethereum's second-layer solution (L2) was not originally part of the original roadmap, but was later proposed and promoted by Buterin.
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