Ethereum (ETH) Maximalist Claims Cardano is a Zombiechain

An Ethereum maximalist has accused the Cardano network to be a Zombiechain.
Cardano’s co-founder defends the network claiming it has deals with IBM and BMW.

An Ethereum maximalist has reiterated what part of the crypto community has stated previously. In a broad claim, the maximalist has accused the Cardano network to be a “zombiechain.” This is a familiar narrative with some in the community previously calling Cardano a “ghost chain.” Popular Ethereum maxi, Evan Van Ness, noted that Cardano has less than one transaction per second, lower than Uniswap.

Furthermore, he accused the network of being run by ADAbots. Interestingly, these accusations come just days after Cardano celebrated its fifth anniversary. During that time, the project reached great heights, especially with its native token’s price. Since its launch, the token has become a more than $ 14 billion digital asset. The claim further comes about a week after the network underwent a major upgrade that ushered it into the Cardano Vasil era.

At 20 billion dollars, the $ADA zombiechain 🧟⛓️ is a top 5 blockchain by market cap.

This is a graph of DeFi by chain

Do you see Cardano? It's a brown slice pic.twitter.com/pBcP2lKwOZ

— Evan Van Ness 🧉 (@evan_van_ness) September 30, 2022

Co-founder of Cardano and Ethereum Charles Hoskinson has continuously locked heads with the crypto community, particularly Ethereum maximalists. Most recently, he has talked about FUD being spread and misleading headlines propagated by crypto influencers.

The consequences of headlines: Shallow information gets propagated by influencers to massive networks of people. Truth gets lost in the land of misinformation. As predicted, catastrophic bug is now paired with ghostchain. It will stick for months https://t.co/4qkIsTUCTq

— Charles Hoskinson (@IOHK_Charles) August 27, 2022

In a viral video by an influencer, the narrator notes that “for a project that has a market cap as high as it has, Cardano does not have much to show for it”.

The Cardano founder further revealed some details on the Cardano network talking about the 3 million-strong community, deals with IBM and BMW as well as 1,000 projects built on Cardano.

150 papers, 3 million person community in 100+ countries, 1000+ projects building on Cardano, higher brand engagement than IBM and BMW, listed on 200 exchanges, always been operational since launch, adopted by countries and fortune 500 companies….

— Charles Hoskinson (@IOHK_Charles) August 27, 2022

Another who has been critical of Cardano and Cardano-based projects is Shark Tank TV personality, Mark Cuban. The billionaire and serial investor has publicly stated that he does not see much potential for Cardano projects adoption or indeed for ADA for payment. It is important to note that Cuban is a big fan of Dogecoin (DOGE) which he prefers to Cardano.

7/ Happy to do an AMA or talk privately with you whenever you would like. Thanks and good night.

— Mr.Telecom (@MrTelecoms) August 10, 2022

The latest claims have not affected ADA but the digital asset continues to struggle despite the network undergoing a major upgrade about a week ago. At the time of press, ADA is exchanging for $0.4336 with a market rank of 8th. ADA is more than 80% below its all-time high of just over $3.0.