“I don’t think Ethereum will survive more than ten or fifteen years. The Layer-2s will drain all the value, and users will migrate elsewhere, eventually getting eclipsed by Bitcoin,” said Charles Hoskinson.
Vitalik Buterin’s Layer-Zero Update (Because Drama Needs a Tech Fix)
So, Chuck throws down a prophecy that Ethereum’s doomed faster than your weekend hangover, blaming those pesky Layer-2s for sucking the life out of it. Vitalik, cool as a cucumber dipped in quantum code, claps back with a Layer-Zero upgrade. What’s that? Oh, just Ethereum shrugging off its outdated Ethereum Virtual Machine (EVM) onesie and slipping into something way sexier: a zkVM powered by RISC-V standards. Fancypants tech talk for “slicker, faster, less annoying.”
This isn’t just some small patch; we’re talking 832 times fewer cycles than EVM currently burns through. Imagine cutting your calorie intake by 95.7% and suddenly being able to run a marathon on a sandwich — that’s how proving cycles are gonna get. Plus, Ethereum’s throughput? Multiplying by 30 via GPU acceleration. Translation: things will zoom like they’re fueled by rocket fuel mixed with espresso shots. 🚀☕
Remember that proof compression blabber? Yup, shrinking from a monstrous 346MB to a cute, travel-sized 1.5MB. Because who wants to lug around a digital brick in their pocket?
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A Path to Ethereum’s Long-Term Growth (Or How to Keep Crypto Drama Alive)
Layer-Zero might just be the plot twist Ethereum needs to prove Chuck wrong. Instead of relying on those Layer-2 sidekicks, this upgrade focuses on beefing up the Ethereum base layer itself. Outcome? Lower fees, faster transactions, and a shiny new badge of “Most Likely to Outlast Your Favorite Celebrity” for Ethereum.
Still in the “let’s-see-if-this-actually-happens” phase, but if this baby takes off, Ethereum might just dodge the apocalypse and sashay confidently into future blockchain stardom, leaving critics like Chuck to pick their jaws off the floor.
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FAQs (Because We Know You’ve Got Questions)
What is the Layer-Zero upgrade?
It’s Ethereum’s glow-up plan: swapping out the clunky EVM for a slick zkVM, making everything faster, cheaper, and less soul-crushing.
Why does Charles Hoskinson believe Ethereum won’t survive the next 10-15 years?
He’s basically betting on Ethereum losing its mojo thanks to those Layer-2 leeches, with users ghosting for shinier, fresher platforms — and shockingly, siding with Bitcoin. Ouch.
What’s the difference between Layer-2 solutions and Layer-Zero?
Layer-2 is like giving Ethereum a band-aid — a patch off to the side to sort the mess. Layer-Zero? That’s surgery. Fixing the base layer itself for a healthier, stronger beast.
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2025-04-28 11:23