CandleFocus Ethereum is ‘cooked’? Bold claim sparks debate across crypto X
2024-10-29
Author: Content Editor
Justin Bons, the founder and CIO of Cyber Capital, has criticized the Ethereum ecosystem, claiming that it is no longer focused on scaling its base layer (L1) and instead prioritizes layer two (L2) chains. Bons believes that Ethereum has become irrelevant and argues that L2s on the platform are centralized and pose risks to users' funds. He promotes the Solana (SOL) blockchain as a superior alternative. Bons' comments sparked backlash, with some dismissing his claims and accusing him of bias. Bons has been known for his controversial views on Bitcoin and Ethereum, often criticizing their progress and calling them corrupt.
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