Cardano Charles Hoskinson’s creator says Ethereum may not “escape” from the next 10 to 15 years – here are its reasons.
The founder of the smart contract platform Cardano (Ada), Charles Hoskinson, warns that the future of ETHEREUM (ETH) may be the subject of a question.
In a ANHY ANHY (AmA) on his YouTube channel, Hoskinson He says “He does not think Ethereum will remain more than 10 to 15 years.”
According to Hoskinson, Ethereum faces existential threats from within its ecological and external system.
“the [Ethereum] The layer -2 will continue to take out all alpha and people will start fighting and it will become more difficult and difficult [Ethereum co-founder] Vittalek [Buterin] To be able to keep it together with the power of absolute will.
Users will gradually deport to other places, after which they will get the eclipse with Bitcoin Defi (decentralized financing). Because as soon as it runs, TVL (the total closed value) will be greater than Ethereum and many people will start immigration in this particular direction …
… and the other thing is that they are alive by Solana and Soy, and these are the other things.
So, a great project. She is just a victim of her success. Like May Space [social network] Or any of these other things that have a lot of network effect and momentum. BlackBerry [smartphone] Another example. But people have different models mainly in the long run and are superior in essence. They infiltrate you. “
Cardano is says that ETHEREUM problems can be tracked into three mistakes made by the founders and developers.
“Ethereum is the first problem that they took an easy way as they committed three wrong things.
Even first, wrong protocols. They have the wrong accounting model, they have the wrong apparent device and have the wrong consensus model.
All of these were self -wounds. People told them not to do this, they did so and they reached where they needed to go.
Second, what they chose to do to solve these problems is placed in all this strange economy, Twos layer and other things and now they live with all the consequences of these types of things.
Third, they do not really have a good governance system on the chain
It really should happen is that you need a parallel path with a solution to all these three things. “
https://www.youtube.com/watch?
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