Charles Hoskinson foresees Ethereum’s demise within 10 to 15 years, likening it to the obsolete Blackberry. He believes that users will eventually transition to alternative platforms.
Hoskinson criticizes Ethereum’s protocols, declaring the accounting model, virtual machine, and proof-of-stake framework ineffective. He claims these flaws affect Ethereum’s overall efficacy.
The Cardano founder argues that Ethereum’s layer-2 solutions drain activity from the main chain and that there is a lack of effective on-chain governance for resolving these concerns.
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