Cardano founder Charles Hoskinson calls Ethereum ‘Hotel Califo | BitcoinBreaking - Your source for CryptoNews

Cardano founder Charles Hoskinson calls Ethereum ‘Hotel California of Crypto’

Cardano (ADA) founder Charles Hoskinson has called Ethereum (ETH) the “Hotel California of Crypto” in response to a tweet that claimed that ETH staking withdrawals might be delayed beyond the Shanghai upgrade. The Hotel California song is about a prison where no one escapes from.

A screenshot from the Ethereum developers Discord group showed Micah Zoltu, founder of Serv.eth Support saying that all documentation and publications have clarified that there’s no expected time for withdrawals of staked ETH. The comment appears to be a reaction to Kraken’s email, which told its customers they would be unable to access their staked ETH until after the Shanghai upgrade. The Shanghai upgrade is expected to happen between six to 12 months after the Merge.

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