Hacker ApprovedDepartments

Ethereum

Ranked 2 of 5 cryptocurrencies by recommenders

Recommended as a programmable, decentralized network that uses little energy since proof of stake. Critics most often cite high transaction costs and the DAO hard fork.

Recommended as a programmable, decentralized network that uses little energy since proof of stake. Critics most often cite high transaction costs and the DAO hard fork.

50 people gave an opinion

recommend it
28
criticize it
22
approval share
56%
Each figure is one person. RecommendsCriticizes

Recommended in 12 of 13 months

  1. November 2025: recommended
  2. December 2025: recommended
  3. January 2026: recommended
  4. February 2026: recommended
  5. March 2026: recommended
  6. April 2026: recommended
  7. May 2026: recommended
  8. June 2026: recommended
  9. July 2026: recommended
  10. August 2026: recommended
  11. September 2026: recommended
  12. October 2026: recommended
  13. November 2026: not recommended (month in progress)

Why it doesn’t carry the badge

  • 28 people recommend itNeeds 10 or more, met.
  • 1.2 recommenders for every criticNeeds 2 to 1 or better, not met.
  • Recommended in 12 of 13 monthsNeeds 4 or more, met.

The same three rules apply to every product, and the badge can’t be bought. How the badge works

What people say about it

The reasons people give, with the number of comments that give each one. Open a reason to read what they said.

Why people recommend it

Each mark is one comment

  • Low energy use since proof of stake

    “Ethereum, for all its other faults, has shown that burning lots of electricity is not necessary for cryptocurrencies.”

    Comment from 17 Sep 2026 in “Neovim have a ~$800k Bitcoin donation sitting untouched since 2023”

    “Ethereum's blockchain consumes less energy, is more decentralized, it's a lot more resistent to any form of attack”

    Comment from 21 Apr 2026 in “Monero Community Crowdfunding System”

    “Ethereum has been doing real proof of stake ... it's seemingly cheap, effective, and robust.”

    Comment from 4 May 2026 in “How Monero's proof of work works”
  • Programmable platform for building applications

    “there's a lot of stuff I've wanted to try building on Ethereum et al that I just haven't done because I can't get over the hurdle of paying transaction costs”

    Comment from 4 Jan 2026 on Hacker News

    “ethereum created a neutral, stable, secure cheap and transparent programmable financial platform”

    Comment from 23 Jun 2026 in “Crypto in 2026: Oh, This Is the Bad Place”

    “Ethereum is a decentralized programmable chain, a new kind global public institution.”

    Comment from 8 Dec 2025 in “I wasted years of my life in crypto”
  • Decentralized and hard to stop

    “Decentralized public chains, especially Ethereum, offer new kinds of credible commitments that are strong enough to bind corporations and governments”

    Comment from 6 Dec 2025 in “Perpetual futures, explained”

    “Ethereum's blockchain consumes less energy, is more decentralized, it's a lot more resistent to any form of attack”

    Comment from 21 Apr 2026 in “Monero Community Crowdfunding System”

    “was designed to allow anybody to run a validator or even a full node out of modest hardware”

    Comment from 23 Jul 2026 in “Codeberg Bans Cryptocurrency Projects”
  • Reliable operation over many years

    “Their continued execution, including successfully switching engines mid-flight (The Merge), has earned them a bit of reprieve”

    Comment from 8 Apr 2026 in “Bitcoin and Quantum Computing”

    “transactions are cheaper, more reliable and anybody can still participate and build on it”

    Comment from 8 Dec 2025 in “I wasted years of my life in crypto”

    “BTC and ETH have just chugged along as they actually have an underlying use case”

    Comment from 9 Mar 2026 in “Revealed: UK's multibillion AI drive is built on 'phantom investments'”

What people warn about

Each mark is one comment

  • Rule changes after the DAO hack

    “When a major incident happens on Bitcoin or Ethereum – for example, the DAO hack – they had to resort to a hard fork.”

    Comment from 31 Aug 2026 in “We tackled the blockchain trilemma with multi‑bucket parallelism (niumeta)”

    “Ethereum lost all credibility with that fork. You can't trust a system/currency that changes the rules like that.”

    Comment from 8 Apr 2026 in “Bitcoin and Quantum Computing”

    “rewrote the rules of their system when a bug was found in the first popular smart contract, the DAO”

    Comment from 23 Jun 2026 in “Crypto in 2026: Oh, This Is the Bad Place”
  • Centralization concerns despite decentralization claims

    “With etherium, you inherit even more centralization due to the nature of the scripting system and PoS.”

    Comment from 7 Dec 2025 in “Perpetual futures, explained”

    “Ethereum is not decentralzied at all, because that is a core property of proof-of-stake”

    Comment from 21 Apr 2026 in “Monero Community Crowdfunding System”

    “Ethereum is so good at being distributed than it's decentralized.”

    Comment from 9 Dec 2025 in “Jepsen: NATS 2.12.1”
  • Little real use beyond speculation

    “Smart-contracts and NFTs failed to create any meaningful value or have any lasting economic impact”

    Comment from 13 Jul 2026 in “Billion Dollar PDFs”

    “If I can solve that problem with another simpler, older technology it doesn't count as useful.”

    Comment from 8 Dec 2025 in “I wasted years of my life in crypto”

    “Neither ETH nor BTC are being utilised for anything other than "Money goes in, price goes up"”

    Comment from 7 Dec 2025 in “Perpetual futures, explained”
  • High transaction fees

    “there's a lot of stuff I've wanted to try building on Ethereum et al that I just haven't done because I can't get over the hurdle of paying transaction costs”

    Comment from 4 Jan 2026 on Hacker News

    “the gas fees made cost of doing anything real too costly”

    Comment from 8 Dec 2025 in “I wasted years of my life in crypto”

Other cryptocurrencies people recommend

The four most recommended other cryptocurrencies, with the same counts for each, so you can compare like for like. The tick on each bar marks the 2 to 1 line the badge needs.

Ethereum compared with 4 alternatives
ProductRecommendCriticizeApprovalMonthsOwnedBadge
Monero (XMR)1024171%12—Approved
EthereumThis page282256%12——
Zcash101442%7——
Solana7847%8——
Base50100%4——
See all 5 cryptocurrencies, ranked

What people said

40 of the 66 comments that mention it, newest first. Each links to the original comment.

“It's programmable, so you're not just running useless hashes.”

RecommendsComment from 31 Oct 2026 in “Digital minimalism”

“IMO, they shouldn't have made an exception, as it set a bad example.”

CriticizesComment from 29 Oct 2026 in “Binance-hacker-1029 – $5.6B stolen from Binance”

“the chain that they reorganized when the wrong people lost money in the DAO hack”

CriticizesComment from 8 Oct 2026 in “Vitalik Buterin backs crypto ‘bunker mode’ amid rapid AI math advances”

“continuously evolving Ethereum for modern all-around-good experience”

RecommendsComment from 25 Sep 2026 in “Two-tier encryption in the UK”

“Ethereum, for all its other faults, has shown that burning lots of electricity is not necessary for cryptocurrencies.”

RecommendsComment from 17 Sep 2026 in “Neovim have a ~$800k Bitcoin donation sitting untouched since 2023”

“When a major incident happens on Bitcoin or Ethereum – for example, the DAO hack – they had to resort to a hard fork.”

CriticizesComment from 31 Aug 2026 in “We tackled the blockchain trilemma with multi‑bucket parallelism (niumeta)”

“was designed to allow anybody to run a validator or even a full node out of modest hardware”

RecommendsComment from 23 Jul 2026 in “Codeberg Bans Cryptocurrency Projects”

“ethereum wants to build a global root of trust (like iana but decentralized)”

RecommendsComment from 23 Jul 2026 in “Codeberg Bans Cryptocurrency Projects”

“Smart-contracts and NFTs failed to create any meaningful value or have any lasting economic impact”

CriticizesComment from 13 Jul 2026 in “Billion Dollar PDFs”

“the defining property of public blockchains is they are designed to never go down”

RecommendsComment from 11 Jul 2026 in “Reverse centaurs are the answer to the AI paradox”

“ethereum created a neutral, stable, secure cheap and transparent programmable financial platform”

RecommendsComment from 23 Jun 2026 in “Crypto in 2026: Oh, This Is the Bad Place”

“rewrote the rules of their system when a bug was found in the first popular smart contract, the DAO”

CriticizesComment from 23 Jun 2026 in “Crypto in 2026: Oh, This Is the Bad Place”

“they are at the forefront of the use zero-knowledge proofs”

RecommendsComment from 23 Jun 2026 in “Crypto in 2026: Oh, This Is the Bad Place”

“Ethereum has been doing real proof of stake ... it's seemingly cheap, effective, and robust.”

RecommendsComment from 4 May 2026 in “How Monero's proof of work works”

“Unlike Ethereum, it has no utility for decentralized applications.”

RecommendsComment from 21 Apr 2026 in “Monero Community Crowdfunding System”

“Ethereum is not decentralzied at all, because that is a core property of proof-of-stake”

CriticizesComment from 21 Apr 2026 in “Monero Community Crowdfunding System”

“Ethereum's blockchain consumes less energy, is more decentralized, it's a lot more resistent to any form of attack”

RecommendsComment from 21 Apr 2026 in “Monero Community Crowdfunding System”

“still believe in it even after the crypto bros took the name”

RecommendsComment from 9 Apr 2026 in “We moved Railway's front end off Next.js. Builds went from 10 minutes to under 2”

“Their continued execution, including successfully switching engines mid-flight (The Merge), has earned them a bit of reprieve”

RecommendsComment from 8 Apr 2026 in “Bitcoin and Quantum Computing”

“Ethereum lost all credibility with that fork. You can't trust a system/currency that changes the rules like that.”

CriticizesComment from 8 Apr 2026 in “Bitcoin and Quantum Computing”

“ETH is not afraid of doing hard forks, so I'm expecting that they will lead in adopting post quantum cryptography.”

RecommendsComment from 8 Apr 2026 in “Bitcoin and Quantum Computing”

“It had a massive premine, there's no supply cap, it's subject to OFAC censorship”

MixedComment from 24 Mar 2026 in “Hacker Mints $80M USD Worth of USR Stablecoins”

“BTC and ETH have just chugged along as they actually have an underlying use case”

RecommendsComment from 9 Mar 2026 in “Revealed: UK's multibillion AI drive is built on 'phantom investments'”

“proof of stake rather than proof of work has none of these issues”

RecommendsComment from 28 Feb 2026 in “Donald Trump Is the Crypto President. Why Is It Struggling?”

“Ethereum does it just fine”

RecommendsComment from 24 Feb 2026 in “Binance Fired Employees Who Found $1.7B in Crypto Was Sent to Iran”

“Proof of stake such as Ethereum is a lot less energy intensive”

RecommendsComment from 8 Feb 2026 in “The AI boom is causing shortages everywhere else”

“Ethereum is extremely energy efficient after the switch to proof of stake”

RecommendsComment from 3 Feb 2026 in “Carnegie Mellon Unversity Computer Club FTP Server”

“there's a lot of stuff I've wanted to try building on Ethereum et al that I just haven't done because I can't get over the hurdle of paying transaction costs”

MixedComment from 4 Jan 2026 on Hacker News

“the core work is done by the Bitcoin and Ethereum teams and it is pretty admirable”

RecommendsComment from 29 Dec 2025 in “Binance's Trust Wallet extension hacked; users lose $7M”

“Ethereum is so good at being distributed than it's decentralized.”

CriticizesComment from 9 Dec 2025 in “Jepsen: NATS 2.12.1”

“transactions are cheaper, more reliable and anybody can still participate and build on it”

MixedComment from 8 Dec 2025 in “I wasted years of my life in crypto”

“the gas fees made cost of doing anything real too costly”

CriticizesComment from 8 Dec 2025 in “I wasted years of my life in crypto”

“If I can solve that problem with another simpler, older technology it doesn't count as useful.”

CriticizesComment from 8 Dec 2025 in “I wasted years of my life in crypto”

“Ethereum is a decentralized programmable chain, a new kind global public institution.”

RecommendsComment from 8 Dec 2025 in “I wasted years of my life in crypto”

“It is a global decentralized computer, albeit a rather limited one.”

MixedComment from 8 Dec 2025 in “I wasted years of my life in crypto”

“doesn't burn energy anymore and you can actually do programming on it”

RecommendsComment from 8 Dec 2025 in “I wasted years of my life in crypto”

“Neither ETH nor BTC are being utilised for anything other than "Money goes in, price goes up"”

CriticizesComment from 7 Dec 2025 in “Perpetual futures, explained”

“With etherium, you inherit even more centralization due to the nature of the scripting system and PoS.”

CriticizesComment from 7 Dec 2025 in “Perpetual futures, explained”

“Decentralized public chains, especially Ethereum, offer new kinds of credible commitments that are strong enough to bind corporations and governments”

RecommendsComment from 6 Dec 2025 in “Perpetual futures, explained”

“globally systemically important public blockchains are on track to become, especially Ethereum”

RecommendsComment from 6 Dec 2025 in “Perpetual futures, explained”

Counts come from 1,795,640 Hacker News comments, November 2025 to November 2026. How we count. Report a mistake.