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Cardano founder: The three structural flaws of Ethereum may lead to its inability to survive in the next 10-15 years.
Cardano founder Charles Hoskinson questioned Ethereum's long-term growth at an AMA event on Wednesday, saying that while Ethereum has the largest total locked volume (TVL) of any network, it may not survive the next 10 to 15 years. The Ethereum co-founder pointed out three structural flaws: the wrong economic model, virtual machine design, and consensus mechanism, and criticized the Layer 2 solution as a "parasitic system" that failed to solve the core scaling problem and instead extracted the value of the main chain. (Cryptopotato)