According to Cryptopotato, Cardano founder Charles Hoskinson questioned Ethereum's long-term development during an AMA session on Wednesday, suggesting that the blockchain may not survive the next 10-15 years. The Ethereum co-founder pointed out three major structural flaws: flawed economic model, virtual machine design, and consensus mechanism, and criticized Layer2 solutions as having become a "parasitic system" that fail to address core scalability issues while draining value from the main chain. Despite Ethereum currently maintaining the largest Total Value Locked (TVL), Hoskinson compared its situation to former tech giants MySpace and BlackBerry, predicting that users will gradually migrate to other ecosystems, particularly the Bitcoin DeFi system.
Cardano Founder: Ethereum May Not Survive the Next 10-15 Years
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PANews2025/04/24 13:03
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